Tag Archives: Bookkeeper

Outsourced Bookkeeping Services or In- House Bookkeeper?

Most business owners start out by handling their bookkeeping and accounting themselves, mostly to save money and also to ensure that they have a handle on everything that is going on in their business. But then with time comes the realisation that you do not have the time to run your business and keep the books. You obviously cannot let go of the business, so you need to get help with your bookkeeping. The only question is should you invest in outsourced bookkeeping services or hire an individual bookkeeper. Here is what we have to say on the matter.

  • Throughout the Year Access– When you hire an outsourced bookkeeping service you can be sure of the fact that you will have someone working on your account throughout the year. Since you don’t have to rely on one individual, you don’t have to worry about off days and sick leaves, whereas if you hire an individual, there will be days you will have to go without a bookkeeper.

Outsourced Bookkeeping

  • Access to a Team of Professionals– When you hire a service, you have access to a full team of professionals with experience in all areas of bookkeeping and accounting. You can rest knowing that no matter what issue may crop up in your finances, there will be someone on the team with the knowledge and expertise to resolve it.
  • Accurate Reports– Everyone makes mistakes, this is true of bookkeepers and accountants as well. When you hire an in- house bookkeeper, chances are that you do not have anyone with the skills to cross check their work. However in an outsourced bookkeeping service, there are always professionals who check the books and reports before they are sent over to you.

Bookkeeper

  • Less Stress– Sure having an in- house bookkeeper is less stressful than doing it yourself, but you still have to worry about whether he/ she got it right, is available, has the right software etc. With outsourced bookkeeping services, you need know nothing. You can relax and focus on your business.

Your Bookkeeper and You

With your books in a mess, you finally decided that it is time for you to hire a bookkeeper or invest in client bookkeeping solutions. But it is scary; to hand over control of your finances, records and accounts to someone else, no matter how trustworthy, is nothing short of terrifying. You should be terrified, because this is not a decision to be taken lightly. We understand how difficult this transition is for you; which is why we will help you understand what to expect of a bookkeeper.

  • More Involvement in the Bookkeeping Process– A good and honest bookkeeper understands that no one knows your business better than you, so he will keep you involved and informed at all times. Together, the both of you can figure out what makes your business tick and how to keep it going.

Client Bookkeeping Solutions

  • Organized Finances– Bookkeepers thrive on organization; if they were not organized, they would never be able to make things work. Not only will your bookkeeper, in-house or client bookkeeping solutions, keep your books neat and updated, they will also expect you to send them data on time and accurately.
  • Grow your Business– It goes without saying that hiring a bookkeeper will save you time, which you can devote to your business. With more attention from you, your business will thrive.

bookkeeper

  • Taxes Will Be a Breeze– The good thing about investing in client bookkeeping solutions services is that you will have access to a number of bookkeepers, accountants, tax specialists and more. So come tax season you won’t have anything to worry about.
  • Save Money– Sure outsourcing bookkeeping or hiring a bookkeeper isn’t free, but a professional will be able to spot areas you are overspending in, provide you with information about business trends and insights and make wise business decisions. All this results in you saving company money.