Won’t I lose control if the books are done by an outside service?
A. Absolutely not. You maintain control of your records at all times. If you send us your source documents (usually via Federal Express or UPS), we return them immediately when the work is complete. You may also choose to scan or fax your source documents so you maintain the originals. Q. I like having an extra employee around here to help with other things. A. If you need someone to make coffee and fill his or her day with other small tasks, that’s great. However, your accounting should be done by a dedicated professional, not someone who plays around with the bookkeeping on the side. Utilizing an inexperienced person for your accounting can cost you a lot more in the long run than just our fees. We were contacted recently by a non-profit facing a two year IRS audit and potential loss of their exempt status due to poor accounting and inaccurate tax filings. They wanted to save money on the day-to-day accounting and that was the result.
A. The short answer: No. You will actually now have more control since you will have improved financials at your fingertips and have more time and money to plan instead of simply reacting to business events. Q. I like having an extra employee around here to help with other things. A. OK. If you need someone to make coffee and fill his or her day with other small tasks, that’s great. But think about this: How easy is it to find a good bookkeeper that knows QuickBooks®, MYOB®, or Peachtree®? Doesn’t just play around with accounting software on the side, but knows it upside-down and inside-out. Someone whose number one job is to maintain the books for you so you don’t have to. Aren’t you tired of the never-ending cycle of problems caused by the entire process?