Do I need to clean up my books before I send them over to you?
Nope. We can handle every aspect of getting your books into shape. Over 50% of clients who reach out for monthly services also require bookkeeping cleanup services.
What kind of software do you use?
Our firm uses QuickBooks Online. This is a fully cloud-based accounting software. Whether you have no books, QuickBooks Desktop, Xero, Sage, FreshBooks, Quicken, or use Excel… we can convert your books to the industry-leading bookkeeping software -QuickBooks Online (aka QBO).
What if I have multiple businesses?
Whether you have 1, 2, or 10+ businesses, we can help you get your financial ducks in a row.
How long does it take for bookkeeping cleanups?
On average, clients can expect about a 4-6 week turnaround time for a 12-month bookkeeping cleanup. So, if you have a 2-year cleanup job, it could take 8-12 weeks. Or if you have a 6-month cleanup, the approximate turnaround time might be 2-3 weeks.
The timeline will vary depending on your individual business and bookkeeping needs.
The time of year will also play into expected turnaround time for your bookkeeping cleanup— so don’t wait until tax time to hire a bookkeeper!
When should I hire a bookkeeper?
Now! If you are a business owner, do not wait! The sooner you get your business finances in order, the sooner you will have the data you need to make informed choices to grow your business.
What are the benefits of hiring a bookkeeper?
- Accurate Financial Reporting: Clean books ensure that your financial statements reflect the true financial position of the business. This gives you reliable info for decision-making.
- Informed Decision-Making: With accurate and up-to-date records, you can easily analyze your business’ performance, identify trends, and make strategic decisions based on solid information.
- Tax Compliance: Having properly maintained books helps ensure that all your business’ financial records are ready for tax season, minimizing the risk of errors and penalties.
- Cash Flow Management: Clear financial records allow you to track your income and expenses effectively, helping to manage cash flow and avoid liquidity issues.
- Easier Audits: Clean books make it easier in the event of an audit or review by external parties. You’ll have all necessary documents and records organized and readily available.
- Enhanced Credibility: Well-maintained financial records enhance your business’ credibility with stakeholders, including investors, lenders, and partners.
- Loan Qualification: Lenders want to see accurate and clean records to make sure you have sufficient cash flow to service the debt. Additionally, many lenders will require collateral to secure the loan, so having an accurate balance sheet showing your business assets vs liabilities will give them more confidence in lending to you.
- Business Growth: Accurate financial insights help identify opportunities for growth and areas needing improvement, supporting long-term success.
- Stress Reduction & Peace of Mind: Keeping clean books reduces the stress associated with financial management, allowing you to focus on running and growing your business.
- Command Top Value When It’s Time to Sell: Every business should be operated in such a way that it is sellable. Buyers want to see accurate numbers so they can be confident in what the business is worth. Messy books do not give a buyer confidence. Additionally, many buyers use lenders for business acquisitions, so #7 applies here as well.