WHY IS BOOKKEEPING IMPORTANT?

KEEP THESE IMPORTANT THINGS IN MIND WHEN HIRING A BOOKKEEPER

YOU SPENT DAY AND NIGHT TRYING TO BRING YOUR DREAM TO MARKET. YOU GOT THE LOAN, THE PRODUCT, THE PRODUCTION TEAM, THE MARKETING VP, BUT WHO WILL KEEP THE NUMBERS? THAT’S WHEN YOU HIRE A BOOKKEEPER FOR A PEACE OF MIND!

ONE OF THE MOST IMPORTANT DECISIONS OF A BUSINESS IS CHOOSING A SOLID BOOKKEEPER

THERE ARE A COUPLE OF PEOPLE EVERY BUSINESS SHOULD HAVE AT THEIR DISPOSAL: 1. A LAWYER, 2. A CPA, 3. A GOOD BOOKKEEPER. WHAT’S THE DIFFERENCE BETWEEN THE CPA AND A BOOKKEEPER. MOST CPA’S WILL HANDLE THE ACCOUNTING END OF THE BUSINESS- BUSINESS FORMATION, FINANCIAL DOCUMENTS REQUIRED FOR THE BUSINESS, INCORPORATION OF FORMS WITH FEDERAL, STATE AND LOCAL AUTHORITIES. IN MOST CASES, CPAs WILL NOT HANDLE THE DAY TO DAY TRANSACTIONS OF THE BUSINESS – THE MUNDANE BANK RECONCILIATIONS, T-ACCOUNTS, DEBIT AND CREDIT TRANSACTIONS THAT TAKE PLACE BEHIND THE SCENES OF THE BUSINESS. THAT IS WHERE YOUR BOOKKEEPER COMES IN FOR THOSE DUTIES. IF YOUR BOOKKEEPER DOES NOT KNOW OR SUGGEST A GOOD SOFTWARE SYSTEM (ONE THAT IS SECURE AND CLOUD BASED), CAN’T FIGURE OUT HOW TO SET-UP YOUR COMPANY WITHIN THE SOFTWARE, OR SUGGEST TO YOU THE DAILY WORK FLOWS NECESSARY FOR BANK RECONCILIATION, HE OR SHE IS NOT A GOOD BOOKKEEPER. GOOD HABITS ARE BASED ON DAILY RECONCILIATIONS – AND IF THE BUSINESS OWNER CANNOT DO THESE THINGS REGULARLY (MOST BUSINESS OWNERS CANNOT) – THEN IT WILL BE A PAINFUL PROCESS TO GET YEAR END REPORTS READY FOR INVESTORS AND TAX PURPOSES. SO DO YOUR BUSINESS A FAVOR — GET A GOOD BOOKKEEPER AND LEAVE THAT MUNDANE WORK TO US!

Published by MS. BOOKKEEPER

MS. BOOKKEEPER IS THE AUTHORITY ON BASIC BOOKKEEPING AND ACCOUNTING PRINCIPLES. SHE EDUCATES START-UP AND SMALL BUSINESSES WITH EASY TO UNDERSTAND CONCEPTS USING AFFORDABLE AND SECURE CLOUD-BASED SOLUTIONS. MS. BOOKKEEPER HOLDS A MASTERS IN BUSINESS ADMINISTRATION IN FINANCE, AS WELL AS A MASTERS IN SCIENCE IN ACCOUNTING. HER EXPERIENCE INCLUDES MORE THAT TWENTY YEARS IN THE ACCOUNTING AND TAX INDUSTRY; SHE IS A FORMER OWNER OF A FRANCHISE TAX BUSINESS, CURRENT BOOKKEEPING ADVISOR, AND ENTREPRENEUR.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Alias Melie

Mode, livres, séries et lifestyle

Juswurld.com

WE CONNECT THE WHOLE WORLD IN ONE CLICK

Mr. NahasFinance

Today's generation is financially illiterate, so I am going to attempt to change that one person at a time.

Banter Republic

It's just banter

Study ways

Your passion will take you to great things!

tales_I_tell

I see,I feel,I write

wordsbylindi

self improvement, personal development, mental health and lifestyle blog 🕊

The Written Revolt ©

Campfire serials and other literary fiction. Don't forget to support by following!

Beats Small Business Bookkeeping

Bookkeeping, Small Business, Cash Flow

Number Nerds Bookkeeping

Supporting small businesses in the Fraser Valley.

Believe and Budget

Money Talk with The Maloneys

The Simple Life

Live a Life You Love

metro tulsare

Everything You Need To Know To Take Your Business To The Next Level

Mum In Stilettos

Growing Families, Growing Careers

The Black Wall Street Times

Access Is The New Civil Right

Sell or Buy Your Next Home in Dallas FT Worth Tx Area!

Homes for sale, Buying Tips and much more!

Mias Blog

RPC Lessons

Mental Health @ Home

Building mental wellness on a foundation of strength

Black America Web

Daily news and entertainment for African-Americans. Your one stop for all things Black America.

%d bloggers like this: