Keeping track of your finances through proper bookkeeping is crucial to your business.  Bookkeeping services have never been so easy, secure, and affordable.  With the advent of cloud computing and advances to accounting software, the complexity of managing your business's finances has become much easier to operate for any successful business.

Bookkeeping is not only used to keep track of where money is coming from (Accounts Receivable) or, who you owe money to (Accounts Payable).  There are many more advantages and time saving attributes that bookkeeping systems afford.  The capabilities of a robust bookkeeping system provides accurate information and the means to monitor the financial health of your business at any point in time.  The ability to access and manipulate financial data gives the business owner information to use when making short, medium, and long term decisions.  And by keeping accurate and detailed accounting, you will be ready to easily coordinate with your tax preparer at the end of the year.
​Pitfalls of running a business without a good bookkeeping system:
  • Things get busy and invoicing of customers becomes secondary.  So revenue becomes delayed or maybe even lost.  Not to mention the effect on customers whose expectations may be lowered by receiving late invoices.
  • Determining the health of your business at any time is shaky at best.  Information is lacking to make a true assessment.
  • Bill payments are forgotten and late fees become the norm, while vendor relationships are damaged.
  • Tax preparation consists of the 'shoe box' method (a box full of receipts and notes).  Therefore tax prep takes longer and becomes more costly while tax advantages may be missed, or costly errors made.
  • Time away from family and friends increases as time is spent working in an inconsistent manner.
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