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Procedures

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Do You Know If Your Customers Are Profitable?

Posted by By Steve Steele July 15, 2020Posted inProcedures, Profitability
The Issue: Companies that do not regularly produce job costing reports showing revenues and expenses related to services performed for their individual customers lack a critical piece of data necessary…
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Regular True-Up Of Yard Inventory Amounts Is Critical For Accurate Financials

Posted by By Steve Steele June 26, 2020Posted inProcedures
The Issue: On-site inventories of materials and supplies such as irrigation parts, edging, mulch, rock, sand, ice melt, salt, and nursery material are all probably held in one or more…
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A Good PO Process Is a Must For Accountability and Control

Posted by By Steve Steele June 5, 2020Posted inProcedures
The Issue: Accountability for company purchases and vendor charges becomes more critical the bigger your company grows. The Bottom Line: A good purchase order (PO) process ensures that only authorized…
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Receivables Must be a Primary Focus, Especially in the Age of COVID-19

Receivables Must be a Primary Focus, Especially in the Age of COVID-19

Posted by By Steve Steele May 19, 2020Posted inProcedures
The Issue: Cash is king and there may not be enough of it coming in from customers to fund your operations at normal levels.  The Bottom Line: A good receivables process and proactively understanding your customers’ ability to pay you are critical…
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