Step 1 Establish a meaningful Chart of Accounts.
You wouldn’t provide a diagnosis of patient without at least a simple structured examination, even if a first look is highly suggestive given your skill and experience. It’s like that with accounting. A good structured exam makes the diagnosis easier.

We’ve looked at the AAHA recommendations and simplified them to make an easy-to-use Chart of Accounts. (More Information - Step 1)

Step 2 Record your financial data.
Get into a routine, check its accuracy and stick to it. We have process recommendations and a simple checklist for you to use.
(More Information - Step 2)

Step 3 Combine data from your payroll, accounting and practice management software into meaningful reports.
This will allow you to highlight areas in which you’re doing well, and other that need attention.
MYOP has a practical reporting package for small business that is a major step forward in reporting from the simple reports that your accounting software produces. (More Information - Step 3)