
Why Your Bookkeeper Should Be Using Cloud-Based Accounting Already
October 25, 2021
Not so long ago, accounting software programs were located on the business owner’s private computer, or a private server within the company. This...Read More
October 25, 2021
Not so long ago, accounting software programs were located on the business owner’s private computer, or a private server within the company. This...Read More
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Knowing your financial position at all times is critical in small business. Many owners do bookkeeping and accounting themselves, but is that a smart decision in your case? What is it costing you in time to operate this way? Often an outsourced local bookkeeper or CPA is less expensive. This usually saves time as well, and you get more accurate information when you use a professional bookkeeping partner. They let you focus your energy and attention on tasks that lead to business growth. Bookkeeping firms like BookWerksTM use standard accounting methods to keep track of daily income and expenses, reconcile bank and credit card statements, and keep updated with monthly reports such as balance sheets, P&L statements and income statements. Accountants or CPAs are more big-picture–and usually more expensive–offering tax and advisory services. Your accountant will prevent tax errors and resulting audits.