1. 3/25/15 RootWorks.com Bookkeeping Best Practices Leah Reid Education Services

2. Learning Objectives This class will cover the following items: Review scheduling, pricing and process consistency Touch on creative processes such as: – Payroll JE – Financial Stmt Determine client and scope maintenance

3. Client Realization Financials Client Collaboration

4. Client Process Breakdown Pre- Analysis Ongoing Services Maintenance

5. Pre-Analysis Thorough review of client QB/QBO file RootWorks Pricing Fee Calculator Engagement Letter

6. Polling Question

7. Ongoing Services Bill pay technology – Bill.com & Smart Vault Accounting platforms – QB Desktop & QBO Payroll platform and financial stmt. production – Accounting CS

8. Prior to Deploying Solutions Setup your staff (at least 1) on QuickBooks Online Accountant Setup to pay your own bills on Bill.com Setup SmartVault for your own company Put your own books on Hosted QuickBooks. Learn the login steps to be able to walk clients through this.

9. Other Considerations Have staff document their steps for first few clients – Review steps with others Consider client’s perspective and role – Provide welcome material or training as needed Continue to add additional clients once ongoing processes have been locked in

10. Get Creative with Solutions Example: The efficiencies gained are greater than the time spent on the manual process – Payroll JE Process Payroll is run in Accounting CS – Employees paid by DD or paycard Summary JE is entered into the QB/QBO each month – Financial Stmt. Process Export TB from QB/QBO Import into ACS to create financials Use FileCabinet CS and NetClient CS Portals for delivery

11. Polling Question

12. Maintenance Annual client audit Assessing realization Scope creep

13. Polling Question

14. Recap Reviewed scheduling, pricing and process consistency Touched on creative processes such as: – Payroll JE – Financial Stmt Determined client and scope maintenance

15. Thank you! Questions? Email coaching@rootworks.com