Koss Accounting Solutions - KAS

Koss Accounting Solutions - KAS Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Koss Accounting Solutions - KAS, Accountant, Racine, WI.

If this sounds familiar, it may be time for a new approach.

• Behind on bookkeeping
• Numbers don’t match your bank account
• Need clearer financial reports
• Systems feel messy or inefficient

Reach out to schedule a free consultation.

Credit card processing makes it easier for customers to pay—but the fees can become a meaningful cost of doing business....
09/04/2026

Credit card processing makes it easier for customers to pay—but the fees can become a meaningful cost of doing business.

When those fees are buried inside a broad expense category, owners may not see how quickly they are growing or which payment methods are affecting margin.

Review processing fees as a percentage of card sales. Then consider whether your pricing, minimum purchase rules, payment options, or customer contracts still make sense.

The answer is not always to pass the fee directly to the customer. The right approach depends on your industry, agreements, customer experience, and applicable rules.

But the cost should never be invisible. A fee that seems small per transaction can become a large annual expense at scale.

Prompt readers to calculate last year’s total card fees

Money in the bank does not automatically mean revenue has been earned.If a customer pays a deposit before the work is co...
09/03/2026

Money in the bank does not automatically mean revenue has been earned.

If a customer pays a deposit before the work is completed or the service is delivered, that amount may need to remain on the balance sheet as a liability until the business earns it.

Why does this matter?

Recording every deposit immediately as income can overstate profit, create confusing month-to-month results, and make the business appear stronger than it really is. It can also make it harder to see what work is still owed to customers.

The accounting should reflect the actual business obligation—not simply when the cash arrived.

This is a good example of why a correct bank balance and accurate financial statements are not always the same thing.

Ask whether deposits are common in the reader’s business

Margins do not always disappear because of one dramatic expense.They often erode quietly: a supplier increase that was n...
09/02/2026

Margins do not always disappear because of one dramatic expense.

They often erode quietly: a supplier increase that was never added to pricing, more employee time than estimated, small discounts given repeatedly, rising card fees, extra delivery costs, or work added to a project without a change in scope.

Each item may feel manageable on its own. Together, they can materially change the profitability of a service or product.

That is why margin review should be ongoing. Compare what you expected the work to cost with what it actually cost. Look for patterns, not just one-off explanations.

Small leaks are easier to fix when you find them early. Waiting until the annual financials show a major decline means months of profit may already be gone.

Encourage owners to review one service margin this week

Two assisted living communities can have the same census and very different revenue.Room rates, care levels, shared vers...
09/01/2026

Two assisted living communities can have the same census and very different revenue.

Room rates, care levels, shared versus private rooms, payer mix, concessions, move-in dates, hospital stays, and unbilled service changes can all affect the result.

That is why a census report should be connected to billing and financial reporting—not reviewed in isolation.

When census rises but revenue does not follow, ask whether rate changes were entered, care-level assessments were billed timely, prorations were correct, and payer authorizations matched the services provided.

The census tells you who is there. The billing detail tells you what should be earned. The financials tell you what was recorded. All three should agree.

Invite operators to reconcile these three views monthly

Sometimes the obstacle to growth is not sales. It is capacity.The team may already be stretched. The owner may be approv...
08/31/2026

Sometimes the obstacle to growth is not sales. It is capacity.

The team may already be stretched. The owner may be approving every detail. Billing may be delayed because the work is completed faster than the office can process it. Customer follow-up may depend on one person’s memory.

When revenue increases without enough operational capacity, errors, overtime, delayed invoicing, and burnout often follow.

Your financials can help reveal that problem. Watch for labor costs climbing faster than revenue, work-in-progress increasing, invoices going out later, and margins shrinking even as sales grow.

Growth needs support behind it. Strong systems, clear ownership, and the right capacity allow new revenue to become sustainable profit instead of additional chaos.

Ask: Where is your current capacity bottleneck?

🎓 Proud to have completed the United Horizons Board Training Program through United Way of Racine County!Working with no...
08/28/2026

🎓 Proud to have completed the United Horizons Board Training Program through United Way of Racine County!

Working with nonprofit organizations, I’ve seen firsthand how important strong leadership and strong boards are to an organization’s ability to fulfill its mission.

This program gave me an even deeper understanding of nonprofit board service — from governance and advocacy to fundraising, financial oversight, ethical responsibilities, and the role board members play in supporting both the organization and the community it serves.

At Koss Accounting Solutions, we work with nonprofit organizations on the financial side, but understanding the bigger picture makes us better partners. Knowing the responsibilities and challenges facing nonprofit boards helps us better support the organizations and leaders we work alongside.

I’m incredibly grateful to United Way of Racine County for investing in programs like United Horizons and for the opportunity to continue learning, growing, and finding better ways to serve our community.

Strong nonprofits help build strong communities — and strong boards are an important part of making that happen. 💜

Before signing for equipment, a vehicle, or a major software investment, look beyond the current bank balance.Three repo...
08/28/2026

Before signing for equipment, a vehicle, or a major software investment, look beyond the current bank balance.

Three reports can give you a much stronger starting point:

1. The balance sheet—to understand cash, debt, and current obligations.
2. A cash-flow forecast—to see what else will need funding over the next several weeks.
3. A budget-to-actual or trend report—to confirm whether the business is performing as expected.

The question is not only, “Can we make the payment today?” It is also, “Can we carry this investment through a slower month, tax payment, payroll cycle, or unexpected repair?”

Good financial decisions consider timing, risk, and return—not just approval.

Save this post before the next major purchase

Celebrating 20 Years of Secured Futures 🎉It was an honor to celebrate 20 years of Secured Futures and hear the story beh...
08/28/2026

Celebrating 20 Years of Secured Futures 🎉

It was an honor to celebrate 20 years of Secured Futures and hear the story behind how the organization began, how it has grown, and—most importantly—the impact it continues to have on young people in our community.

Some of the most powerful moments came from hearing former students share their own stories and where they are today because someone took the time to give them the financial knowledge and tools to build a stronger future.

At Koss Accounting Solutions, we believe financial literacy can change the trajectory of a life. Teaching high school students how to budget, save, understand credit, plan for college, prepare for homeownership, and make informed financial decisions gives them a foundation they can carry with them for decades.

It can also create a ripple effect—students taking that knowledge home, sharing it with the people around them, and helping break generational cycles of financial hardship.

We are incredibly proud to support the work Secured Futures is doing and to be part of an organization investing in the financial futures of the next generation.

Congratulations on 20 years of impact—and here’s to the many futures still being shaped. 💜

When you are ready to hire, the hourly rate or salary is only the starting point.The real cost of a new position may als...
08/27/2026

When you are ready to hire, the hourly rate or salary is only the starting point.

The real cost of a new position may also include payroll taxes, workers’ compensation, benefits, equipment, software, training time, paid time off, and the temporary dip in productivity while the person learns the role.

Then comes the more important question: what does this hire make possible?

Will the position increase capacity, improve service, reduce owner bottlenecks, protect revenue, or give leadership time back for higher-value work?

A strong hiring decision looks at both sides of the equation—the complete investment and the measurable result the role should create. That turns hiring from a hopeful expense into a planned business decision.

Ask what cost surprised readers most when they first hired

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Racine, WI
53406

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

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