4 Reasons Accountants Need A Good Bookkeeper
Beth Longo, Bookkeeper for businesses in the Trades
Owner at TradePro Bookkeeping & Consulting - Helping small businesses in the Trades take the guesswork out of their finances
When you started your Accounting journey, it’s probably fair to say you didn’t dream of doing client’s day-to-day bookkeeping.? But have you found yourself taking on clients who try to do it themselves, or worse, don’t do any record-keeping at all, then expect you to file their taxes, as if it’s an easy ask?
Maybe you’ve tried to bring on a couple employees; a Junior Bookkeeper to do data entry, and a Senior bookkeeper to manage those clients. Or you’re managing it all yourself.? Did you have to spend hours upon hours training these people, only to find out they were a dud hire?? Why is it so hard to find good help?
Here are my top 4 reasons why an Accountant should partner with a GOOD bookkeeper.
1. Free-up time and focus on higher-earning tasks
It’s time to elevate your practice and free-up time to focus on higher-earning projects.? Put your mind and experience to work and charge for what you’re best at. Things like tax planning, CFO For Hire, advisory services, and audit consulting all warrant much higher price tags. So why get bogged down with the minutiae?
2. Subcontractor vs. Employee
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When you hire an employee, even if they’re part-time and paid hourly, there is still an inherent pressure to keep them busy throughout the year.? You can alleviate that pressure by partnering with a self-employed bookkeeper who is happy to take on flex work as a Subcontractor.? You don’t need to provide the workspace, equipment, or software, so you’re saving money in addition to just saving on payroll taxes.
3. Pristine books
Imagine being handed a set of books where the only adjusting entries you need to provide are for asset depreciation and the provision for taxes!? Working with a bookkeeper who is numbers-obsessed, means things will be clean and well-organized.? You will be able to easily analyze reports and find what you need quickly, saving time and making you more money!
4. Don’t worry about losing your clients
This is more just a point about working with me.? I have successfully paired with accountants as someone they refer business to, without the worry of losing their clients.? I don’t prepare corporate tax returns, and am always loyal to a good referral partner.? I haven’t done it yet, but I would be happy to work in a white-label capacity, for you to retain utmost control as well.
If you’re interested in discussing how to eliminate some headaches and clear space on your calendar, feel free to reach out!? [email protected]
Creating financial futures as unique as you.
2 年Love these points, especially number 2! You can provide people so much freedom on that front.