The goal in tracking KPIs is to focus on key metrics that give you insights into the health and growth of your business. In this blog I’ve narrowed it down to 4 key metrics that are simple enough not to overwhelm you but important enough to help you grow. 

The lesson? The right tool makes your life easier. The wrong tool, or even way too many tools, can slow you down, cost you money, and give you a headache.  

The thing about accounting is that it has a rhythm. Some tasks happen every week, others every month, quarter, or year. When you set up a system around that rhythm, those tasks become faster, smoother, and far less overwhelming. Which is where a solid month-end close process comes in.

In our previous blog, we talked about simplifying your Chart of Accounts and embracing the idea that less is more. But you might be wondering, how do you still get more granular insights into your sales? How do you track your cost of goods sold accurately? And what if you want to track commissions for each sale?

In this guide, we’ll help you understand what a Chart of Accounts is, walk you through how-to build one, and offer practical tips to increase clarity in your numbers.