A couple years ago, we created an infographic laying out some ways that bookkeeping helps your businesses. Well, it’s 2020 now, and it’s time to dust off that ol’ rag and give it a fresh update. So, without further ado, here are 7 ways bookkeeping helps businesses. Please enjoy responsibly.
(Scroll down below the content to view the infographic.)
1. Bookkeeping saves you time.
Accounting services, like bookkeeping or payroll, means less time pushing pencils, crunching numbers, and filing papers, and more time focusing on your business. Our clients, for example, save an average of 10 hours per month.
2. Bookkeeping keeps your finances accurate, organized and up-to-date.
Bookkeeping makes sure every transaction is recorded and so your books will always be accurate, organized, and up to date.
3. Bookkeeping makes sure you’re legally compliant and ready for taxes.
Bookkeeping makes sure your accounts jive with all local and federal laws in real time, and your taxes are always ready to go with the click of a button.
4. Bookkeeping software gives you 24/7 access to your financials from anywhere.
Bookkeeping services (like ours) includes a subscription to accounting software such as QuickBooks® Online, giving you access to all your financial records anytime, anywhere, and from any device.
5. Bookkeeping services are often retroactive.
Many bookkeeping services (again, like ours) include back-bookkeeping for up to a full year so you’ll be all caught up and ready for taxes in no time.
6. Bookkeeping gives you a partner in growing your business.
Having your own bookkeeper means personalized, one-on-one service from an expert who understands your unique needs.
7. Bookkeeping lets you focus on growing your business.
No more wearing 100 different hats. Bookkeeping lets you get back to doing what you do best, which is serving your clients and growing your business.