In 2006 R&D Associates, an existing client, came to us with a new challenge. At that point, the client had been utilizing QuickBooks, but without an understanding of accounting, wasn't able to track the expenses as they related to specific projects.
What we did to help...
After a thorough cleaning of the client's QuickBooks file, Moore Beauston Woodham set up accounts so that each project could be tracked separately. Then, we continued to meet with the client on a regular basis to discuss their progress and go over in their detailed, project-specific, weekly cost reports.
Now, no matter how complicated or challenging, the client's projects can be tracked easily. And because of that, the client has been able to set realistic profit goals. The client has been so happy, in fact, that they've referred Moore Beauston Woodham to their family and friends.