The phrase "garbage in, garbage out" is very apt to explain why bookkeeping is so important. Knowing how you want to look at your data is the first step in bookkeeping. Without it, you're paying bills and reconciling accounts, but you're not setting up your data to tell the story that it can tell. Knowing what you want to know in analysis, changes the way you need to keep your books.
We follow our systematic bookkeeping processes to ensure that data is collected in such a way that it can be extracted to provide insights that are "accurate, clear, concise, and timely", insights that will help you make better decisions in your business.
"I hired Nate to work with one of my clients (engaged in custom manufacturing) as an outsourced CFO and he has performed very well. Prior to engaging with Nate, we truly had no sense of our actual Cost of Sales, as overhead was not being applied and we had an incoherent organization of our chart of accounts. Nate is incredibly bright and can quickly conceptualize a problem, map out constraints, and effectively communicate a path forward" . -Kent W.