You Need a Bookkeeper

Business owners often feel that a bookkeeper, either in-house or outsourced, is ‘just one more expense’. Especially in the early stages of a venture, it is easy to assume that you can do the bookkeeping yourself. However, as your CPAs, we strongly advise every new business owner to engage a bookkeeper early.  Here are a few of the reasons why:

1. A Bookkeeper Will Save You Money by...

   • Helping you budget,  monitoring whether you are meeting your budget and accounting for any variances;

   • Ensuring you aren’t overpaying for goods and services, especially when you choose a bookkeeper experienced in your industry;

   • Making sure you pay your bills on time, saving you interest and late fees on everything from utilities to credit cards;

   • Capturing all your expenses to ensure you aren’t missing out on tax savings;

   • Working with us to help determine your business’s eligibility for tax credits, bonus depreciation and other savings.

2. A Bookkeeper Will Allow You to FOCUS on Your Business by keeping tabs on your money. You need to grow and manage your business. You can do that more effectively if you aren’t spending 15min trying to figure out how to record a return in QuickBooks or Xero.

3. A Bookkeeper Will Help You Understand Your Business by providing reports and pointing out changes or inconsistencies that may be problematic.

4. A Bookkeeper Will Help Keep Your Business Out of Trouble by…

   • Making sure payroll taxes and sales taxes are reported and paid on time;

   • Having your books done so we can prepare tax estimates and tax planning strategies and file your federal and state income tax and franchise tax returns on time.

If you own a business, you need a bookkeeper. If you don’t have one, please let us know. We are happy to provide referrals based on your unique business needs.