Frequently Asked Questions

Ask us your question
Can’t I just let my accountant do all of this at tax time?

Can't I just let my accountant do all of this at tax time?
CPAs often recommend that their clients work with Warnick Consultants throughout the year. When it’s time to file your taxes, your files will be accurate and compliant. This significantly reduces the chances of errors and omissions that can cost you more time and money.

My business isn’t big enough to need an internal accountant.

My business is too small for an internal accountant.
Warnick Consultants works with businesses of every size and shape, providing as much or as little service as they need.  Regardless of your size, we keep you focused on what you do best. 

I’d be lost if anything happened to my bookkeeper. But how do I know she’s doing all the right things?

I would be lost without my bookkeeper.
Our clients say they sleep easier at night knowing Warnick Consultants is reviewing their books. From filling vacancies to regular reviews of your books, we implement checks and balances that ensure your books are up to date, accurate and compliant. 

Does it really matter which software we use? I don’t understand the differences and I don’t have time to figure it all out.

Does the software I use really matter?
We’re experts at evaluation and implementation. When we evaluate your needs, we’ll recommend the best solutions and offer both support and training to make it work for you.

And how will this information help my business?

How will this information help my business?
Absolutely every area of your business operates more effectively with accurate and timely data. From tax deductions to loan applications and hiring decisions, your financial statements guide your operations to success.

Where does all the money go? My business just doesn’t seem to be as profitable as I know it should be.

Where does the money go?
Good financial data and easy-to-use reports allow you to accurately identify your problem areas. You can pinpoint costs that are out of control and monitor your budgets for fine tuning all year long. We’ll review your Chart of Accounts to make sure it fits your business and help you set up guidelines and processes for keeping your costs under control.

My Board asks really good questions about our financial stability. How can I get the answers and how do I use the information?

How do I get the financial information I need?
We’ll make sure you have the correct data, that you know your options, and that you have the answers to your critical questions. You will have a current financial picture of your business and you will have timely access to all of your information. Warnick Consultants understands the data and we’ll help you learn how to use it effectively.

We spend so much time trying to make things work. Does it really have to be this complicated?

it takes too much time
Maybe not. We understand that you want to run your business and not have it run you. We’ll help you put the right financial processes in place and streamline your procedures for maximum back office management. We can help you make your business work for you.

I just started my business. How can I set up my bookkeeping to make sure that I stay on track with my projections?

Does my bookkeeping have to be this complicated?
It’s critical to set up a system that can grow with your business. We’ll evaluate what you need today and help you understand how that might change with time. Most importantly, we’ll start you out with a solid system of financial accounting that will keep you compliant as you grow and give you the information you’ll need for better decisions each step of the way. 

I already have an employee keeping my books. Why would I need Warnick Consultants?

There are several reasons you may benefit significantly from working with Warnick Consultants, even if you already have someone on your staff keeping your books.

We are an extra set of eyes.  It often helps to have another expert to review your processes, your reporting and your conclusions. We are the checks and balances of your bookkeeping system.

We provide specific and detailed training, as needed. Your place, your time, your information, and your specific questions answered. 

We are an efficient backup if your employee is on vacation or extended leave. With a thorough understanding of your business and your processes, we can help you meet critical requirements if your staff can’t meet your needs for any reason.

We speak CPA. While Warnick Consultants are not CPAs, we do work closely with many CPAs throughout Central Ohio and we can easily help bridge the communication gap to help you better understand and prepare for the various things your CPA may require.  We translate these things into the regular language of busy small business owners every day.

What is Timeslips and when would I need it?

 

Sage Timeslips is convenient billing and time-tracking software for anyone who bills for services.  It has everything you need to record your time and expenses and invoice your clients. Plus, it has advanced time tracking software features like invoice and report customization, the ability to deliver invoices by e-mail, and links with other products you may already use.  To get more details about Timeslips, you can visit our Timeslips page, download our complete brochure, or contact us for consultation.

Do I have to have the newest version of QuickBooks?

No.  All of our consultants are proficient with older QuickBooks versions.  However, we have strongly recommended to all of our clients that they consider upgrading to QuickBooks 2011 due to the the rich features enhanced and added in this version.

I need help NOW! What if my consultant isn’t available?

We know that not all questions can wait until your next scheduled appointment.  Your Warnick consultant will return your calls and email promptly and will make every reasonable effort to be available when you need them.  If you have an urgent question that just can’t wait, you can feel safe knowing that you will receive the same courteous attention from any of our consultants who is available to step in and answer your question or help you solve your problem.

What does it mean to be a Certified QuickBooks ProAdvisor?

According to Intuit, many QuickBooks customers say their experience with QuickBooks is better when they work closely with a QuickBooks expert.  Certified QuickBooks ProAdvisors are typically CPAs, accountants, small business advisors or consultants who have been tested and certified on QuickBooks.  ProAdvisors help businesses customize QuickBooks for their unique needs and help them get the most out of the software.

Warnick Consultants are not CPAs.  However we are trained business advisors who understand the critical links between your QuickBooks data and your daily business requirements.  We help you make sure your QuickBooks records give you the tools you need to make better business decisions.