Bookkeeping is the process of keeping track of each financial transaction—from the day you hang out your shingle to the day you shut down. Each transaction is recorded based on financial documents such as: Receipts Invoices Purchase orders Most companies—or their bookkeeping partners serving small businesses—use specialized accounting software to keep their books. The bookkeeper has […]Read More
Small business owners are responsible for sales, marketing, product development, customer service and more. It’s no wonder bookkeeping often falls between the cracks. But keeping accurate financial records isn’t just important for everyday business management— it’s also key to the growth of your business. When you outsource accounting and bookkeeping, your potential for growth and […]Read More
One of the most important tools you can use to become more competitive and profitable is a bookkeeping service. After they hire professional bookkeepers, businesses enjoy average profit increases of 16%. Does your business need a bookkeeper? Here are some things to consider: Bookkeeper Responsibilities What does a bookkeeper do? A bookkeeper gets financial processes […]Read More
Outsourcing the role of bookkeeping is a good choice for small business owners—particularly when your small business does not have the resources to hire an in-house bookkeeper. It may be time to outsource your bookkeeping if: Doing it yourself is taking up more time than you want to spend. You often fall behind in logging […]Read More
If you do your own bookkeeping and don’t always keep up, or your bookkeeper is often distracted by other tasks, you can find yourself facing cash flow issues and other financial problems. Here are 7 warning signs your back office might be putting your business success at risk. 1. You Don’t Know Your Numbers To […]Read More
Small business owners wear a lot of hats. That’s why it can be daunting to realize bookkeeping is a critical task. Skipping the chore of recording financial transactions and leaving it all to your accountant at tax time won’t cut it. Professional bookkeeping help allows you to organize, store and analyze financial information. With this […]Read More
Need a new piece of equipment to help run your business? You may have questions: Can I afford if? Do I have the cash or credit to buy it? What will be my ROI if I do? Easy answers to these questions can come from a professional bookkeeping company, which always knows where you stand […]Read More
From CPAs to POS Systems to Payroll providers, professional bookkeeping services like BookWerksTM can refer you to resources that will fit for your business. We can help you find affordable assistance with: Strategic planning Internal processes Organizational structure Forecasting Software integration Taxes We consider our clients partners, because when you win, we win. We will […]Read More
A very qualified CPA, one that would be on my shortlist to call should I ever get a letter from the IRS, once said, “any small business owner should handle their own bookkeeping, because it’s easy.” Sure it is, IF YOU ARE AN ACCOUNTANT! He just didn’t’ get it. Just who are these owners? Are […]Read More
If you do your own small business bookkeeping, or have a small staff with one person who handles the books, what happens when you or your in-house bookkeeping go on vacation, take a break, or suddenly need to take time off to care for a family member who is ill? It’s hard enough to come […]Read More
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