The Backbone of Your Business

Yesterday, I worked with a new client to solve a common issue: their Chart of Accounts was packed with too many unnecessary and irrelevant accounts.
A lot of business owners don’t realize how important their COA is. It’s at the heart of your financial management. If it’s disorganized, your reporting, budgeting, and decision-making all take a hit.

We reviewed each account one by one, deciding what to keep and what to remove. In the end, they had a clear and useful structure that matches how their business actually works.

This isn’t only a business issue. It matters for personal finances as well!

If you haven’t looked over your accounts in a while, take this as your reminder. A simple COA is key to understanding your finances and running your business better.