I have a number of clients who use Bishop Toomey & Pfeifer’s Monitored Business Performance. This is hugely helpful because it’s like having a dash board telling you how well the business is doing. Having information translated into meaningful financial reports also gives clients confidence.
As a ‘do it for me’ kind of person, the Monitored Business Performance is excellent for me too because it is a very easy, quick way of producing our financials on a monthly basis. Being a simple coding process, it has also taken complexity and heat out of GST returns.
To assess funding requests I am forever requesting actual year to date results in a presentable and understandable format. Not only does Monitored Business Performance enable this but the information is able to be provided in a timely manner.
We find the Monitored Business Perfomance system really helpful. It is very efficient, simple to use and it keeps us right up to date with how our business is performing on a monthly basis. The time invested to achieve this is minimal.
Paul, thanks for taking the time to make the Xero video for me regarding how to reconcile my MasterCard business payments into one transaction. It’s have saved me so much time and now my team can do this for me as well. Thanks again.