Reclaim Your Weekend With Outsourced Bookkeeping

Posted on September 8, 2015

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Time-saving Opportunities Come With Outsourced Bookkeeping

outsourced bookkeepingIf you are a small- to medium-size business owner, you are no stranger to long hours. If you are just starting out, you may be pulling long hours and not even paying yourself for it. Good news. There is a solution that many companies employ when they want to grow their business and get a few hours of rest on the weekends: outsourced bookkeeping.

Outsourced bookkeeping is the answer for many company owners that find themselves with shoeboxes full of receipts, late fees on bills and a sense of dread every time tax season rolls around. Here are a few reasons why you should outsource your accounting work and reclaim your weekend for enjoying the fruit of your labors:

Data entry and paperwork won’t get shoved aside. It doesn’t matter whether it is a big time commitment or just a couple hours of work, data entry and paperwork tends to get pushed aside for more pressing items. Even a week of backlog can affect your reports and decision-making. (Not to mention how it nags at you, mentally).

Avoid costly and time-consuming corrections. If your employees are multi-tasking, that’s great for a small business to get rolling. However, when it comes to bookkeeping and accounting, leave it to an expert to avoid expensive errors.

Gain time in your workday, or your weekend. Many business owners are so focused on the core strategies of building the business that bookkeeping becomes a weekend activity. Imagine the gains you would realize in time if you chose outsourced bookkeeping. You might look forward to Saturdays again if you knew there wasn’t a stack of receipts and payroll waiting for you. Or, you could choose to use this weekend time to contemplate your core business growth strategy instead of bookkeeping.

Ensure accurate records. Outsourced bookkeeping gives you confidence that your records are in order and accurate. You can prepare for your tax return with organized, correct papers and a more clear idea of how your decisions impact your tax bill.

Get comprehensive guidance. Many companies start outsourcing by turning over a small portion of their bookkeeping needs, such as payroll. Once you discover how much time is saved with just a portion of your bookkeeping handled, you may want to do more.

When you turn over your entire accounting department for outsourcing, you’ll get a great return on your investment. Your accountant should have experience working with many small and medium-size businesses, which results in a balanced perspective on your financial reports and smart decision-making.

Not only will your accountant provide the nuts-and-bolts aspects of accounting, like accounts receivable and payable and producing monthly financial statements, but they will also give you informed, reliable guidance for big decisions about events like acquisitions and developing an exit strategy.

At AccuBiz, Bert Doerhoff CPA, we provide outsourced bookkeeping for small- and medium-size businesses that are looking for ways to grow their business without sacrificing every moment of free time. We look forward to talking with you about how our services could give you more time to enjoy the results of your hard work.

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