The Body of Accounting offers Accounting, Bookkeeping and Financial Management Services along with Accounting Education for the Health and Wellness Industry. At The Body of Accounting, a division of Closing Your Books, our work focuses on the health and wellness industry because, like you, we place a premium on our wellbeing. People need to feel their best in order to perform to their peak potential.
Helping customers get to that point is the privilege of the hard-working men and women involved in the field. Let The Body of Accounting handle your Accounts Payable, Accounts Receivable, Employee Expense Reports and organize your books in full accordance with Generally Accepted Accounting Principles (GAAP). Our payroll services utilize the latest technology, meaning onboarding employees, setting up direct deposits and paying taxes are all handled seamlessly for you, so you can focus on your patients and clients.
Not every software is for you. Together we'll select software programs that efficiently communicate with one another and provide the services and financial reports you need to run your business efficiently.
Helping customers get to that point is the privilege of the hard-working men and women involved in the field. Let The Body of Accounting handle your Accounts Payable, Accounts Receivable, Employee Expense Reports and organize your books in full accordance with Generally Accepted Accounting Principles (GAAP). Our payroll services utilize the latest technology, meaning onboarding employees, setting up direct deposits and paying taxes are all handled seamlessly for you, so you can focus on your patients and clients.
Not every software is for you. Together we'll select software programs that efficiently communicate with one another and provide the services and financial reports you need to run your business efficiently.
Services
Lozelle's mission is to pick up where the health and wellness education may have left out in the subject of financial management.
She loves it when clients experience the "Ah-Ah moment", as they begin to understand all the elements of their accounting and bookkeeping cycle and reality of controlling their business finances.
Her passion for the industry lends its self beyond Accounting, Bookkeeping, and Financial Management - she wants to build a lasting relationship with you and your business.
When Lozelle is not working, you can find her belly dancing, going to Crossfit, enjoying a massage, watching The Golden Girls and Doc McStuffins, and spending time with her 3 superheroes.
She loves it when clients experience the "Ah-Ah moment", as they begin to understand all the elements of their accounting and bookkeeping cycle and reality of controlling their business finances.
Her passion for the industry lends its self beyond Accounting, Bookkeeping, and Financial Management - she wants to build a lasting relationship with you and your business.
When Lozelle is not working, you can find her belly dancing, going to Crossfit, enjoying a massage, watching The Golden Girls and Doc McStuffins, and spending time with her 3 superheroes.
As much as you need to know your operations, if you don't understand the finance side and how to do the business, you're never going to be successful.
So you might be the best operator or visionary, but if you don't understand the finance side.
I'm successful because I know the finance side, but I also know operations; it's not an accident.
The health and wellness education and training curriculum is geared towards keeping your patients/clients healthy by asking them the right questions, examining their bodies, diagnosing their symptoms and providing them with helpful solutions to solve their health challenges.
So you might be the best operator or visionary, but if you don't understand the finance side.
I'm successful because I know the finance side, but I also know operations; it's not an accident.
The health and wellness education and training curriculum is geared towards keeping your patients/clients healthy by asking them the right questions, examining their bodies, diagnosing their symptoms and providing them with helpful solutions to solve their health challenges.
Accounting consists of many elements as it relates to the financial side of your health and wellness business.
The beginning stage of accounting is Bookkeeping.
Bookkeeping is the foundation of Accounting.
Bookkeeping is the recording of the daily financial transactions in conformity with GAAP, General Accepted Accounting Principles.
Your daily financial transactions are the elements of your financial statements.
Just like the health and wellness industry has principles and standard, so does the accounting industry.
The beginning stage of accounting is Bookkeeping.
Bookkeeping is the foundation of Accounting.
Bookkeeping is the recording of the daily financial transactions in conformity with GAAP, General Accepted Accounting Principles.
Your daily financial transactions are the elements of your financial statements.
Just like the health and wellness industry has principles and standard, so does the accounting industry.
Unfortunately, financial/business literacy is not taught in very much detail in school.
If this subject is covered, the lessons can be found in some educational curriculum as "Accounting 101" or "Recordkeeping", however, the concepts may be hit home or become relevant to your situation until you are actually in business.
Creating a business plan is just the beginning, there is a little bit more to maintaining and controlling your cash flow.
It is good business practice to know how to use your accounting software, how to manage, maintain and understand your business finances before you give this important responsibility to someone else.
If this subject is covered, the lessons can be found in some educational curriculum as "Accounting 101" or "Recordkeeping", however, the concepts may be hit home or become relevant to your situation until you are actually in business.
Creating a business plan is just the beginning, there is a little bit more to maintaining and controlling your cash flow.
It is good business practice to know how to use your accounting software, how to manage, maintain and understand your business finances before you give this important responsibility to someone else.
Technology has changed the way we do business, however it is just tool.
The fundamental of accounting has not changed.
Don't allow a tool to do your accounting or take the place of a knowledgeable and skilled accountant ~ Lozelle Mathai, MBA, CFEI.
Application integration allows you to utilize today's excellent technology to get the real time data you need in minutes with extremely efficient workflows.
With modern capabilities, we can do almost anything on your phone.
The days of data entry, collecting paper and working with two different systems are over!
The fundamental of accounting has not changed.
Don't allow a tool to do your accounting or take the place of a knowledgeable and skilled accountant ~ Lozelle Mathai, MBA, CFEI.
Application integration allows you to utilize today's excellent technology to get the real time data you need in minutes with extremely efficient workflows.
With modern capabilities, we can do almost anything on your phone.
The days of data entry, collecting paper and working with two different systems are over!
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