Welcome to the inaugural episode of our newest series Master the Margin with Scotty Sykes, CPA, CFP, and Kathy Blanchard, Senior Pharmacy Accountant   This series is all about diving deep into accounting and tax topics for independent pharmacy owners.  In this episode, we’re starting with the basics...fundamental accounting.   We share insights into:   - How to tackle common accounting challenges in the pharmacy industry  - The basics of balance sheets and profit and loss statements  - The importance of data integrity in your financials  - Scotty’s love for all things caffeine   Ready to take your pharmacy to the next level? Join the discussion with us!  Schedule an Rx Assessment: https://www.sykes-cpa.com/rx-assessment-service/  Did you like this episode? Stay up to date on new episodes by liking and subscribing! Click below to learn more about our podcast team and previous episodes:   https://www.sykes-cpa.com/media-library/  Stay connected with us on social media:   Sykes & Company P.A.:   Facebook: https://www.facebook.com/sykesandco  Twitter: https://twitter.com/OllinSykes  LinkedIn: https://www.linkedin.com/company/sykes-&-company-p-a-?trk=tyah   Instagram: https://www.instagram.com/sykescpa/  Scotty Sykes – CPA, CFP LinkedIn: https://www.linkedin.com/in/scottysykes/  Scotty Sykes – CPA, CFP Twitter: https://twitter.com/ScottySykesCPA  More resources on this topic:  Blog – Fundamentals of Pharmacy Accounting: https://www.sykes-cpa.com/fundamentals-of-pharmacy-accounting/  Presentation – Fundamentals of Pharmacy Accounting: Navigating 2024 and Beyond: https://www.sykes-cpa.com/wp-content/uploads/2024/07/IdeaShare-Workshop-Digital-Presentation.pdf  Podcast – Tackle Independent Pharmacy Accounting: https://www.sykes-cpa.com/the-bottom-line-pharmacy-podcast-appearance-on-the-catalyst-pharmacy-podcast-tackle-independent-pharmacy-accounting/