Bookkeeping is a vital part of any business, but it can be easy to push aside for more immediate priorities. Customer orders to fill. Clients to meet. Inventory to order. These are things that must be done to keep your business running. Bookkeeping is easy to push to the side.
However, delays in managing your books can end up costing you. For example, if you do your own accounting on top of managing your business, you’ll find yourself behind and wasting time when it’s time to file your taxes. You’ll end up paying a premium to have an accountant clean everything up at tax time.
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Bookkeepers are trained using the same financial recording methods as accountants. They do this so that your accountant can quickly and easily process your financial information.
They will:
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Receive all your receipts, invoices and other transaction details.
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Record the information in accounting software using proper accounting methods.
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Work with you to make sense of the numbers, for example assigning costs to specific clients.
But there’s more to bookkeeping than recording daily transactions. People who do this work are usually highly skilled at using accounting software. They can advise you on:
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add-on solutions to streamline your business workflow, such as POS tools
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payroll services to simplify the way you pay your staff
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bookkeeping rescue work, tidying up mistakes made by inexperienced staff
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training for small business on using accounting software.
They can also offer day-to-day support for small business owners. In fact, a good bookkeeper is your partner in keeping things running smoothly within your business.
Ready to hire a bookkeeper?
Here’s the bottom line: If you want to save time, infuse your business with expert financial advice, and gain direction for the future of your business, then you should hire a bookkeeper!
The team at ProTax would love to chat and find out if our bookkeeping services are right for you! Schedule a quick call, and we’ll get you a price. It truly is that simple.