Why shouldn't a Bookkeeper be your Accountant?
Worried about the cost you must incur to hire a separate bookkeeper and an Accountant?
I get it, but have you thought of the Cost of not hiring ???
?Time lost: The CPA may need to spend a significant amount of time on bookkeeping and accounting tasks, taking time away from other important responsibilities.?
Reduced accuracy: Bookkeeping and accounting require specialized skills and attention to detail, which the CPA may not have the time or expertise to provide. This could result in errors and mistakes that could be costly to correct.?
Compliance risks: Failing to comply with tax laws and regulations can result in fines and penalties, which can be expensive and damaging to the CPA's reputation.??
Reduced profitability: The CPA's time is valuable, and if they are spending time on tasks that could be done by a bookkeeper or accountant, they are not maximizing their earning potential.?
Missed opportunities: An Accountant would be able to effectively review the work of a bookkeeper and save time and energy to focus on opportunities for growth and improvement.?
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An accountant can be the most strategic resource in your organization that can provide insights into your business and help you plan your growth. Ensure that your organization empowers him to do so.
?If cost is your concern. Outsource! Here is why you should consider Outsourcing
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