Video

What are the best industries that could use an outsourced bookkeeping service? Well, to be honest with you, it could be any business. It doesn’t, it isn’t industry specific. It just depends upon the business itself and how technical it is and the number of transactions that are going on and the expectation of the...

Oh my goodness. Can we help you find treasure in your books? Absolutely. There are times where things have been coded improperly and all of a sudden you thought that you were in the hole. Something got coded to a balance sheet account and it was really a sale. You know, your revenue is looking...

Okay, you’re worried about your cash flow. So what is an outsourced bookkeeping service do to help you with that cash flow? They’ll help you manage. They’ll analyze. They’ll see what your receivables are, how late your receivables are. They’ll work with you in getting collections in so that you can manage your cash flow,...

Okay, so you want to go with an outsourced bookkeeping service and you want to know how long is it going to take me? It really isn’t a long drawn out process. We come up with a time frame. I’ve had clients that said, let me just finish the end of the year and you...

I actually have a client right now who had kept track of their accounting system on, I call it, green ledger paper. Okay? We were able to take that information. We came up with a time that they were most comfortable with as a starting point. They didn’t want to go all the way back...

Outsourced bookkeeping services absolutely can integrate with accounting software. We have clients who, most of our clients are QuickBooks, some of which are desktop, some are online, but we also have clients who are using other accounting software. Whatever the client needs are, the outsourced bookkeeping service should be able to work with them. If...

There’s a lot of automation with AI now. You can download your bank transactions, your credit card transactions automatically goes into your accounting software. You still need to review it. I just had an issue the other day where, through AI, a payment of a loan went to inventory asset. So you still need to...

Choosing the right outsourced bookkeeping service for your business really is, you know that best, you know what your needs are. When I have somebody call me blindly wanting us to do bookkeeping services for them, I ask them, well, how many credit cards do you have? How many bank accounts are you using? A...

We’re a CPAs best friend. Why? Because CPAs don’t want to deal with all the minutia that goes on with a business with all the receipts and the reconciling and, oh my gosh, they charged this item back in February. What was it for? I don’t know. You haven’t even entered your credit card receipts....

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...