Houston Tips & Faq

 

MEI CPA, LLC is always happy to hear from you and answer any question you may have as it relates to Houston area accounting. For your convenience, we have compiled here the answers to the questions we hear the most often, as well as a few accounting tips that we hope will be of use. If the answer to your question is not listed here, or if you require any additional information, please do not hesitate to contact us.

 

I am a business owner and I have an accountant. Why do I need to understand accounting?

Accounting is as important to your business as your clients or the management of your employees. While it is not necessary for you to take an accounting course and be able to handle every single part of the accounting process, understanding the basics is an essential part of your ability to effectively run and oversee your business.

When your hired accountant comes to you with concerns or reports, you need to be able to understand where they come from and how they affect your business in order to take appropriate action. MEI CPA, LLC 's skilled accounting experts can help you learn the basics of accounting so that you can better manage your business.

 

I have several years' worth of paper records that I'd like to computerize. Can you help?

Yes, indeed! We will be happy to computerize your paper records using our QuickBooks software, as well as continue handling your future bookkeeping records if you so desire.

 

How much do your services cost?

The costs of our services vary greatly based on the complexity of your needs, on whether you are an individual or a large corporation, and on many other factors. You should contact us and explain the nature of your accounting needs so that we can give you a better, more accurate estimate.

 

A few accounting tips...

  • Keeping a budget is easy, but it requires dedication and attention to detail. Set yourself reminders and make sure you keep all your receipts for an accurate and effective budget.

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  • A certified bookkeeper is not an accountant. If you have your bookkeeper take care of your accounting for you, make sure he or she is also a certified accountant. If not, consider hiring someone who is, or an external accounting firm such as MEI CPA, LLC .

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  • A little goes a long way. You do not need to invest your life savings to see a profit. With the right advice and expertise, you can safely invest a modest amount of money and see positive results down the line.

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  • Know what you want. Aggressive or risky investment isn't for everyone, and while the payoff may be appealing, the risk of losing your money is greater than with other type of investments.