By Carolyn Hall
The first step in setting up the books of a business is identifying meaningful metrics. Whether it is a professional services firm or a real estate client, each business owner has individual views and preferences about analyzing the business.
Identifying critical key performance indicators (KPI) upfront is important so that the accounting systems can be set up to measure the crucial aspects of a business. In the end, the goal is to present an accurate snapshot of the financial KPIs,... read more.