It was a basic introduction to SortMyBooks, covering only the following items:

1. Uploading your company logo
2. Creating and emailing a sales invoice
3. Speeding up data entry of Sales and purchase invoices by setting up products and adding defaults to suppliers and customer.
4. Sharing your file with your accountant or employees
5. Seeing the audit log so you can see who did what on your file|
6. VAT Report, Profit and Loss Report and how to drill down on each to see transactions.
7. How to use the knowledge base
8. Introducing the new SortMyBooks iPhone app

Following the demo, we took questions from participants.

Good points:

• We covered what we intended to cover.
• We started and finished on time.
• Good turnout, and 75% registration to attendee rate.

Bad points:

• While there were no shortage of public questions, I realise some people are shy and I forgot to instruct particpants how to ask a private question.
• When I watched the playback (link is here), I realised my voice was moving faster than the screens, despite me having an ‘audience view’ screen to check on. I am not sure participants were able to follow what I was doing, epecially with point 3.

What’s next

Conclusion: We will do this again, week after next.

The next webinar will be on setting your Paypal account and integrating it with your email invoices. This will be useful for both triallists and customers.

It will be hands on, step by step tutorial for people who want to set themselves up with this labour saving function.

Questions

Here is a summary of questions and answers on the day:

Q. Where is your data stored?:
A. http://sortmybooks.com/wordpress/is-online-accounting-software-data-really-safe/

Q. Can we put our own text on the email when emailing invoices form the system?
A. Yes, in fact this was just released this morning!

Q. Can we import data from other systems?
A. Yes. https://sortmybooks.zendesk.com/categories/search?query=import&for_search=1&commit=Search

Q. Can we accept credit card payments from our customers?
A. Yes. http://sortmybooks.com/wordpress/paypal-sortmybooks-integration-is-here-get-paid-by-email/

Also look out for the next webinar which will be a hands on how to set this up. 

Here is a link to the recorded webinar should you wish to play it back:

Click here to play back the webinar

Thanks to all who participated, hope to see you again!

Money from your cloud accounting software

I do not want you to pay for your subscription to SortMyBooks Online.

That’s right. I want your subscription to be free. How is this possible? Well, all you need to do is get your SortMyBooks affiliate link, and place it on your website or email it to other businesses whom you feel would benefit from using SortMyBooks Online Accounting Software  for their business.  If they sign up for a trial and then later buy SortMyBooks, after 30 days or even six months, your affiliate account will be credited each month with ten per cent of their subscription payment.

But Aileen, isn’t this like a Ponzi scheme?

Well, no.  No one gets duped. Other businesses just get a great online accounting software to help run their business from your recommendation. You are not likely to retire to the South of France off your profit from this.  But I’d really like you to be able to offset the cost of your subscription. Example – if 10 people buy from your link, you will get your subscription money back every month. If 20 people buy, you will get double your money back. If 100 people buy, well then maybe you can start putting it towards that villa in the South of France. Whatever happens, you still have great software and now so do your friends and associates.

Ok, I’ll try it, what do I do now?

We have selected Vendexo as our affiliate partner.  Stephen Brooks is our contact there  s.brooks@vendexo.com. It does not cost a thing on your part, and once you set it up, the rest is completely automated.

All the instructions are here:

Click here to see how to sign up as a SortMyBooks affiliate

One thing I will suggest to speed up the process, please send an email to me, aileen@sortmybooks.com when you have signed up with Vendexo. This way I can approve you immediately.

So sign up today, and start earning money from the cloud!

SortMyBooks iPhone App

Over the past year we have vigilantly  kept our commitment to monthly releases of new features to streamline your business and keep you out there making money. We’ve added the ability for you to email invoices and statements to save you money on postage. We’ve added the ability for you to accept credit card payments via our PayPal integration to help you get paid more quickly. We’ve added special screens for retailers and many other little tweaks and enhancements as a result of your suggestions.

This latest enhancement is my personal favourite. You see, I have object placement disorder. I lose keys, wallets, shoes, computers, phones, jackets, hats, scarves, passports, you name it, I’ve lost it.

As a business owner, I am keenly aware that the paper that makes up my accounts is the raw material for the dashboard charts I so love to glance at during the day or study at 3am when I can’t sleep. However, due to the aforementioned disorder, paper is at peril in my hands. And that’s why I absolutely love the latest innovation to come from our development team.

Now when I get a get piece of paper, in the post, by email, or while I am out getting petrol or gadgets, all I have to do is take a picture of the paper and it starts on an amazing journey to my accounts, slotting into perfect place on my dashboards, in my VAT reports, creditors ledger, P&L. And I didn’t have to touch it since I first snapped it!

All this has been made possible through our new iPhone app (search SortMyBooks in the appstore)  and partnership with UK based data processing company Receipt Bank. Michael Wood from Receipt Bank says, “We are proud to welcome our latest integration partner – SortMyBooks. SortMyBooks makes smart and simple accounting software for small and medium businesses. Their mission is to make accounting quick, easy and informative, common goals with Receipt Bank.” Yes they are Michael! And we are thrilled to find a way to make managing the paper easier.

Here is a sampling of options to avail of this stress relieving feature:

More details can be found here

DIY option Individual – cost: free

The SortMyBooks iPhone app is free to download on iTunes. You can also set up your receipt bank account and link it to your SortMyBooks account for free. You can direct paper to you receipt bank through you iPhone app or by forwarding emailed receipts and invoices to receipts@receipt-bank.com from the email address registered to your account. Yes it’s that simple!

With the free option, you will have to logon to receipt bank regularly to push your data to your SortMyBooks accounts. But at least you will not be fumbling for lost paper, it is all there on the screen waiting patiently until you come to deal with it.

Digital Option Individual -  Cost: £6.99 (€8.38) per month

With this option, the data entry is done for you, all you have to do is keep taking pictures and/or emailing paperwork to your receipt bank account and, as I said before, it appears magically on your dashboards, VAT reports and ledgers in SortMyBooks. You can try this option free for thirty days after which you can decide to pay the monthly fee for it or go back to the free version.

Full Service Option Individual - Cost: £10.99 (€13.18) per month

With this option, the data entry is also done for you, all you have to do is keep taking pictures and/or emailing paperwork to your receipt bank account and, as I said before, it appears magically on your dashboards, VAT reports and ledgers in SortMyBooks.

Furthermore this option has what I call a magic box. Remember when you used to throw your dirty clothes in a basket and they would somehow end up clean and fresh in your cupboards?

Well this is something like that, you drop any receipts and invoices that came to you in paper form in the envelope sent to you by Receipt Bank and it all ends up clean and fresh in your SortMyBooks dashboards.

I’m betting any of the three options is better than what you have now!

Incentive to get you started

Have you heard about the woodsman who could have saved time cutting down trees if he only had time to stop and sharpen the saw? We are all guilty of that from time to time, so here is some incentive to get you to stop and sharpen your saw.

Sign up for the service. Write about your experience.

Whichever SortMyBooks customer writes the most thorough review will get a free one year subscription to the Individual Full Service plan. That’s one year of free data entry!

Top of Mind

One thing I like about the app is that as I go about my business, each time I look at my phone, I catch sight of the app, reminding me to keep track of that paper so my business information is always up to date.

So download the app and sign up for your free Receipt Bank Account and sharpen that saw!

Security is a fundamental part of any enterprise application and especially so for online accounting software like SortMyBooks which holds your accounting information. There are three parts to security: physical, application and human.

Physical Security

Your data is only as secure as your weakest link.

People’s fears around security are often focussed on a hacker out there try to break into our data. I’m not trying to downplay that risk but the truth is that the least secure item most people own is their own laptop or desktop computer. Think about the high level government security breaches that have been reported in recent years like the one involving the records of 380,000 social welfare and pension recipients. This was not the result of cyber crime but of employees having sensitive data stored on laptops that were then stolen! If your data is stored on your laptop or desktop computer the moment it’s lost, stolen or broken your data is gone.  Frequent back ups can retrieve your data but if it falls into the wrong hands then it’s a disaster waiting to happen.

But thankfully the same doesn’t apply to data stored on the cloud. To begin with SortMyBooks production servers are hosted in Ireland in partnership with Amazon AWS. Amazon has a very good track record in managing servers and invested a lot in the physical security of the data.

Excerpt from:  http://aws.amazon.com/articles/1697?_encoding=UTF8&jiveRedirect=1

“AWS data centres are housed in nondescript facilities, and critical facilities have extensive setback and military grade perimeter control berms as well as other natural boundary protection. Physical access is strictly controlled both at the perimeter and at building ingress points by professional security staff utilizing video surveillance, state of the art intrusion detection systems, and other electronic means. Authorized staff must pass two-factor authentication no fewer than three times to access data centre floors. All visitors and contractors are required to present identification and are signed in and continually escorted by authorized staff.”

So as you can see your Physical security is in good hands.

Application Level Security

What does this mean? Application layer security keeps SortMyBooks protected against unauthorized access and attacks from hackers.

SortMyBooks Online is a secured product and has a secured sockets layer (SSL) certificate. With password-protected login, firewall protected servers, and 128 bit SSL we are on par security wise with online banking.

Backup

Sometimes we get questions about what would happen in the event of our system crashing, if all the data would  be lost.

The answer to the above question is absolutely not, the data is automatically backed up every second using snapshot technology i.e. every time you add a customer or supplier or an invoice or record a payment the data is automatically backed up to our separate backup server. We also do a full backup of your data overnight.

Human Responsibly for Security

Sharing

This is where your responsibility comes in. Firstly when you are buying any online software and not just cloud accounting software make sure that you can set up each user individually.  In other words never, ever share your username and password with someone else. We talked about sharing in our last blog but I didn’t touch on the security aspects of it. SortMyBooks has Permission Based Sharing i.e. you can choose what screens to share with your Employees, Accountant and Business Partners.  It’s also very easy to delete and modify sharing as and when you need to. Be vigilant about revoking access as soon as its no longer required, for example from a temporary employee or bookkeeper.  So then lesson here is please set up each person that needs to access your accounts as a user in their own right and the next paragraph tells you even more about why this is important.

Audit Logs

The software also has a full audit log of all the activities performed by users in the system. You can see what they’ve added, edited, deleted, locked, unlocked etc. This not only helps in tracking activities but is also a helpful tool to rectify user mistakes.

I hope this article has given you some peace of mind. I’d be interested to hear your thoughts. Do you hate the idea of having your data stored in the cloud or does it make you sleep better at night knowing that you don’t have to worry about backups?

The cloud has opened new avenues of attracting new business; almost all the people we meet at networking events are either on LinkedIn or Twitter. Social media allows you to connect with people and build a rapport very easily. For example, the follow up activities after a networking event used to be ‘let’s have a coffee’. While this is still appropriate, that’s alot of coffee.  Now the success of a networking event can measured by the number of twitter and linked in interactions following the event. This allows more time and opportunity to build a post networking event rapport, never mind the sheer mechanics of being able to share contacts electronically rather than rely on notes scribbled in a cafe. Social media also helps increase your network and connect to people who you might never have an opportunity to meet face to face.  Taking Ireland as an example where the six degrees of separation is scaled down to where you are not more than 2 connections away,  where even in a pub or golf course you would meet someone who has a common acquaintance with you, that chance meeting is compounded through social media.  The power of social media for making and growing quality connections is a never before seen phenomenon. Are you capitalising on it to attract new clients, or to strengthen your relationship with existing clients? You never know who you might be connected to.

Is social media enough to attract today’s cloud savvy businesses to become your clients?

Accenture says not. In fact they have spent a fortune preparing marketing material to convince their giant clients to take the cloud seriously.
This is a warning video prepared by them:

I have evidence of this myself:  My niece wants to play the guitar. Her mother offers her a course ‘learn to play guitar in 52 lessons.”  My niece, 13, asks,”Is it online?”  This is the expectation of today’s youth, tomorrow’s entrepreneurs. And rightly so.

I actually think Accenture are trying to buy themselves and their big name clients a little time. Today’s entrepreneurs, the ones in their 20′s and 30′s, have the same expectations as the kids in the video. They want everything to be online, on their iPad, on their phone.

So what can you do now to convince your small business clients you are serious about growing along with them?

Luckily, cloud computing is the easiest and cheapest technology to implement in your organisation. Seriously. Never before in the history of new waves of technology has one been so easy to adopt.

Here are some to get you started:

Of course, right at the top to gain and retain clients is Online Accounting.

One scenario: You have a potential new client, they are asking for software recommendations. You log on to www.sortmybooks.com and set up a trial account. You customise this trial with your chart of accounts settings tailored to your client.  Then, you share the trial with your client from within the software . Your client gets an email inviting him/her to try out the online  accounting system.

It’s that easy. No ringing up for CDs,  no making suggestions only to find out months later your client has not actually gotten around to doing anything about their bookkeeping. When you follow up with your client later, you can both look at the same information from your respective offices to evaluation progress and suitability of the software.  Isn’t that a seamlessly collaborative way to start your relationship with your new client?

Bigger Picture

By its very nature, online accounting software lends itself to naturally plugging into many other business tools to make your client’s life easier. After all, for them, it’s not just about the accounts. They have to sell things and get paid. By introducing them to online accounting software, you are also introducing them to a world of labor saving devices:

Outsourced data Entry

Paperwork is the basis of the information for meaningful management accounting meetings with you, their accountant. And it is the most difficult thing to manage.

Imagine if because of your recommendation for online accounting, your client now has an opportunity to outsource the paperwork gathering and data entry in a controlled way?

Help you client get paid more quickly

Now that you’ve solved their paperwork problem, the biggest hindrance to client/accountant relations since medieval times, here’s another way you’ve just helped your clients. SortMyBooks Online accounting has an integrated invoice emailing/ payment system powered by PayPal.   From the system they can email an invoice to their customer which contains a link to pay by credit card or paypal, accepts the payment, and writes the transaction back to their SortMyBooks accounts, completing the full cycle for P&L, VAT and Debtors. Cloud Automation at its best.

Meaningful management accounting meetings

Now that your client’s paperwork is being kept up to date, you can work on setting up management accounts / business performance review meetings. The information is there, in an easily digestible format for your client. The more insight you have into your client’s business processes, the more active role you can play as a valued business advisor, rather than just a compliance number cruncher. And that’s the value of the cloud.

Learn More

I’d like to share a blog with you that focuses specifically on how the accounting profession can best leverage social media to attract and engage with their clients.

Book Mark Lee - Helping accountants and those who work with accountants

You can also follow Mark on Twitter

It’s not by chance that Facebook is valued at $100bn. The company holds the largest database of customers and their profiles. One of the biggest reasons they were so successful is because they delivered the best nugget of cloud to the end users: “Collaboration!”  All of us were able to talk, interact and collaborate with our friends and family like never before. That was our first inspiration for our online accounting software.

Desktop software, while delivering compliance, lacked collaboration. Business owners like us were bound to their computers providing data to their accountants to complete year-end accounts. Although it was better than spread sheets it was still was onerous. So the first feature we added to the software was “Share!”, with your accountant, bookkeeper and your business advisers. This enabled instant access from anywhere in the country and immediately cut out hours on phones downloading software, importing backups and even worse if you forgot to add critical information to your accounts the process had to be repeated again. What was also annoying I remember was being at a customer location, I had to call the office to create an invoice for me and send it to me by email. Now all I have to do is Log In and do it myself!  I don’t even have to remember to tell the office, it’s there when they log in.  True collaboration, like on Facebook.

Google

Google has become synonymous with search nowadays. If we have question in our minds or in the pub and there is a topic of discussion we need answers to, the first thing we do is “Google” it

The same applies to us as business owners as well.  Cloud accounting software allows us to “Google” our business, anytime.  Laying awake in the night as entrepreneurs do we can reach for our phone and get answers to  “How much were my sales last week as compared to the week before?” “How much money do people owe me? “ “What is VAT for the period?” We were often riddled by these questions and didn’t have answers to them instantly. Imagining being on the train or having a cup of coffee and opening your tablet or your phone and getting these answers immediately became our second inspiration. And so our second most important feature was the “At a Glance” chart that gives small business owners  summary business level information you need instantly wherever you are.  Even the most awkward questions put to you by your banker or investor can be “googled” and answered in a matter of minutes.

Apple

Apple has to be credited for providing inspiration for smartphones. They brought a whole new dimension to the world of phones. But what I thought was most inspirational was their App Store. If I remember in the olden days of phones we were restricted by the Apps that were in the device e.g. game addicts like me were always on the snake on my old Nokia phone. There was no option of any other apps or games. But what I think Apple did brilliantly was opened the “Apps store” so anyone and everyone can sell their app while they focus on the product which is their core. In essence Apple allowed integration with other service providers. That was the third inspiration “Integration”.

With Enterprise software you needed all the functions to be in one place i.e. payroll, CRM , accounts etc. But with cloud we could focus on just the core product of accounting and deliver accurate Balance sheet and Profit and Loss statement, Vat returns, Debtors, Creditors, and integrate with other software that had expertise in other areas such as Receipt Bank, Paypal, Dropbox etc.

We are not short of inspiration these days because every day there is a new idea that exploits the power of cloud computing so we try our best to keep up and keep adding more and more for the business owners and their accountants.

Author: Sambit Misra, Product Manager

Get paid faster with PayPal SortMyBooks Integration.

We have been working hard behind the scenes to bring you this wonderful new feature for you not only to get paid faster, but also to have payments you receive from your customers automatically logged into your SortMyBooks accounts, updating your Vat, your P&L and your Debtors.

Enabling this feature within SortMyBooks will add a ‘Pay Now’ link to any invoices you email out to your customers.

When your customer receives your invoice via email, they can click the ‘Pay Now’ button. This will give them the option to pay you via credit card or, if they have a PayPal account, they can pay using that.

Do I need a merchant account to use this?

Absolutely Not!  All you need is a PayPal account, and if you don’t have one, setting it up is easy and free. PayPal will withhold a percentage of your payment, just as a merchant account would, but unlike a merchant account, there is no fixed monthly fee. You only get charged when you receive money. Your customers do NOT need a PayPal account in order to pay you. They can pay by credit card by clicking the link in the invoice you email to them.

How to enable this feature in SortMyBooks:

If you already have a PayPal account:

Check your PayPal account settings first to confirm the “Primary” Email Address. To do this, login to your PayPal account and click on the “Profile” button on the top menu bar. You will see your primary Paypal invoice ticked there.

Now go to SortMyBooks, click Settings and Accounting, and simply enter your primary paypal account email where shown. That’s it!

Now when you email your invoices from within SortMyBooks, the ‘Pay Now’ button will display for your customers to pay you by credit card or using their own paypal account, whichever they prefer.

Once your customer has paid you, your SortMyBooks accounts will immediately be updated with the payment information. Magic!

I don’t yet have a Paypal account, how do I sign up?

Signing up is easy and FREE!

To avail of this new feature, you will have to set up your own PayPal business account, if you don’t already have one.

Click on this link to get started:

Should you have any questions at all about PayPal, contact:

Tom Hipwell  / Merchant Services
Direct Dial Ire : 01 4369206
thipwell@paypal.com

Tell them you are a SortMyBooks customer, we have been working very hard with Tom and PayPal to get this feature ready for you.

Once you are all set up with PayPal, follow the ‘How do I enable this feature in SortMyBooks’ steps above to start sending out your invoices with PayNow buttons attached!

Click here for a more detailed instructions on the feature from our knowledge base.

Here’s to Getting Paid Faster in 2012!

If you are VAT Registered and selling exclusively to businesses

Anything you have been selling at 21% is going to go up because you now need to charge 23%.
If you usually quote VAT exclusive prices then all you need to do is start charging VAT on your sales invoices at 23% from 1st January 2012.

If you are VAT Registered and selling to consumers

You are going to have the most work to do because you have to raise your prices now in time for 1st January 2012. Everything that you sell currently at 21% is going to have to be increased to include 23% VAT.

The spreadsheet below is a quick calc to help you figure out exactly what to raise your prices to.
Click EDIT to change the blue figures to your numbers or else download it to excel.
If for some reason you cannot see the spreadsheet embedded below, click here: .

1.    Christmas bonuses are in short supply for most of us. But you don’t have to be a total scrooge. Once in each payroll tax year (eg. Jan to Dec) you are allowed to give your employees a non-cash gift to the value of 250 euro without them having to pay any tax or you having to pay Employer’s PRSI on it. You can buy them something you know they want or give them a gift voucher from their favourite shop.

2.    If, like most small business owners, you put your long suffering spouse to work on a regular basis helping you out with the accounts, then it makes sense to pay them. The lower your salary the less tax you pay so instead of you having a larger salary and your spouse having no salary pay them for the work they are dong in the business. This only works if your spouse isn’t employed elsewhere. If they already have a job then they are probably using up all their tax credits unless they are only part-time in their other job.

3.    If you run your business out of your home you may be able to claim a portion of your home broadband, telephone, gas and electricity expenses. I do have a huge warning on this though…before doing it you really should ask your Accountant or a Tax Consultant. The reason is that classifying part of your family home as a business could result in a capital gains tax bill if you sell your house. Eg. If you say that 20% of your house is used for business and you sell your house then the Revenue may ask for capital gains on 20% of the profit.

4.    If you have a limited company and you use your own private car for business journeys then make sure you are claiming all your business mileage. Every time you get in the car record the miles and the purpose of the trip. There are great apps for this if you’ve got a smart phone. Most of us remember to record the big trips but we forget about things like driving to the bank, visiting your accountant, going on sales calls to potential customers, meeting with suppliers or attending networking meetings. The rate varies depending on your cars engine size but click on this link to see the rates.

http://www.revenue.ie/en/tax/it/leaflets/it51.html

The second part of this tip involves subsistence – again this is only if you have a limited company. Whenever you have to be away from your normal place of work you can claim for subsistence as follows:

a. 5 hours or more – 13.71

b. 10 hours or more – 33.61

c. Overnight – 108.99

See Revenue’s leaflet for full details

http://www.revenue.ie/en/tax/it/leaflets/it54.html

5. One of the most obvious ways to legitimately reduce your tax bill is to properly record all of your business expenses.  If you are slapdash with receipts and think it is too much hassle to track them all then you’ll lose money.
 You are taxed on profits. So if your profits are high because you forgot to include all your costs, then for every receipt you lose, you can plan on adding up to 50% to the cost of your item because that’s what you might end up paying in additional tax on it. 
Add another 21% if there was VAT on it. Especially if you often pay for things out of your own pocket instead of your business bank account, those extra costs may never come to light.

Anne Hannan, CEO www.sortmybooks.com. Anne designs easy to use, jargon free, online accounting software that helps small business owners really get what their finances are trying to tell them.

Click here for the TodayFM Sunday Business Show

Nothing hard there right? Let’s rearrange them a bit.

Everyday things

1. Sales – that’s our favourite part let’s leave them here on their own.
2. Expenses- Lump the everyday  spending together here. Advertising. Wages. Rent. Insurance. Travel.

Let’s get two more groups going over here with the rest:

Good Things

1. People who owe me money
2. My bank balance
3. My new truck

Bad Things

1. People I owe money to
2. My credit union Loan

Now comes the smoke and mirrors part; let’s how investors, banks and accountants see our  business.

Everyday things – Profit or Loss

1. Sales
2. Expenses:  Advertising. Wages. Rent. Insurance. Travel.

Subtracting your everyday expenses from your sales is what gives your profit or loss. See? Not that hard. And your profit is what you get taxed on. Sales minus expenses = Profit

All the other stuff forms the balance sheet.  No don’t run away – look its easy!

Balance Sheet

Good Things – Assets

1. People who owe me money – Debtors
2. My bank balance – Current Asset
3. My Truck – Fixed Asset

Bad Things – Liabilities

1. People I owe money to  – Creditors
2. My Credit Union Loan – Long Term Liability

But why do they need to do that and why do I care?

This is the only language your bank understands. Just look at what they do with it to pass judgement on you!

Liquidity Ratio

It sounds interesting, but it simply means how much more you have than you owe.

Divide your good things above (assets) by your bad things (liabilities) and  put a :1 after it.
So  if your assets add up to 100,000, and your liabilities add up to 50,000 divide 100,000 by 50,000 getting 2. Your liquidity ratio is 2:1. You have twice as much as you owe.  Do you see? Remember, all your own information.  Nothing scary or confusing after all, is there?

Debtor Days

So one of those things that you ‘have’ is people who owe you money. You don’t physically have it cause it’s in your customers pockets, but make no mistake, it’s yours. What the bank will want to figure out, is how long those people owe you the money, because as you already know, the longer they owe you the less likely it is you will get paid. They basically want to test the likelihood of that potential asset becoming actual. How can they possibly do that without ringing up your customers?

First find out your average daily sales, by dividing your sales figure for the year by 365. Thendivide your ‘people who owe you money’ or Debtors figure by that. The answer will be how many days on average it takes you to collect your money.  This is scarily accurate. Try it!  Sales 36,500= average sales of 100, If Debtors =6,000 Debtors days = 60. Obviously the lower the number the better.

Knowledge is Power . Go for that loan or investment knowing exactly how the other party is evaluating you. It gives you clarity and negotiating power.

Did this help prove accounting IS easy?