General

What types of questions do you want to ask an outsourced organization for bookkeeping or whatever you’re using? My first question always is, you know, what’s your background? How many clients do you have? What types of industries have you served before? Are you familiar with my industry? Have you ever worked for a company...

Okay, so you want to know about being compliant with your bookkeeping and, and that you’re doing everything properly.If you have somebody in-house doing the work, they’re going to have to go out and be trained and go to webinars and keep up with the latest, greatest compliance. When you’re using an outsourced service, they’re...

As far as making sure your information is secure when you’re using an outsourced organization, the first question you need to ask is, where do you keep my data and how secure are you? What types of IT protection do you have in your organization? And that’s the first thing you need to check with...

Outsource bookkeeping services use various technologies. When it comes to bookkeeping, QuickBooks is the most common software, but there’s other software out there and a good outsource bookkeeping service will be able to adapt to what your needs are.

When you outsource anything, whether it be human resources or bookkeeping, it will help you grow because your organization is now being looked at more than just your internal folks. So you’ve got new sets of eyes looking at it. You’ve got those folks that are your, your outsourcing with, not that those outsourced individuals...

Well, to calculate what the actual true cost of an employee, it depends upon the organization. So I can’t give a general, it’s 30%. When it comes to looking at your employees and what they’re actually, it’s not their salary. You don’t look and say, well, I’m going to pay them $50,000 a year. That’s...

I love accountants. They have tasks to do and they’re good at what they do, but they will charge a lot more than an outsourced bookkeeper to do that basic review. And so that bookkeeper is that second set of eyes for you so that when your accountant gets the work, they’re not going to...

Oh, there’s so much bookkeeping tasks that can be outsourced. And it doesn’t have to be all or none. For example, I have a client, we just did their accounts receivable. We helped invoice because they just couldn’t get around to invoicing. And we collect the money and record the money and send statements out...

Outsourcing bookkeeping improves your efficiency because it goes back to the fact that you’re not having an employee. That employee may come to work one day being, having had an argument with a family member, or be concerned about the health of somebody, and they’re not 100%. That can slow down the productivity of the...