Video

Can outsourcing help with tax preparation and planning? Oh, that is, you know, that old shoebox adage of having receipts. You wait till the end of the year. It’s really too late to have planned what you’re going to be doing for taxes. You find out at the end of the year after we’ve gone...

An organization requires to get financial statements when they need them. So when you work with an outsourced bookkeeping service, you set the parameters. You say, I would like to see my financials on a monthly basis. I have a client who wants to see her financials weekly. She’s sophisticated enough to be able to...

Levels of expertise in outsourced bookkeeping services can vary just like they can vary when you hire someone. You can have a basic service who will do basic data entry, maybe not be able to analyze or prepare financial statements. They may just do the data entry that then gets turned over to an accountant...

The difference between hiring an in house bookkeeper and an outsource bookkeeper, during business hours, you’re going to have that outsource organization be there for you all the time. With an in house bookkeeper, you’re going to deal with, “my child is sick, I can’t come in today.” When outsourcing bookkeeping service, You don’t have...

Let’s face it, everybody wants to have a strategic plan. They want to know what direction their company’s going in. And if they don’t, they need to get on board and understand that that should be what they’re doing. When you use outsourced bookkeeping, a good service is going to provide to you financials that...

To have somebody in-house who’s going to have to sit down and go through the time cards and calculate hours and calculate PTO. When you can have systems in place that people punch in. These systems are so sophisticated that it’ll let the supervisor know who might have missed a punch. They even approve PTO...

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.