"Discover the When and Why of Bookkeeping Essentials"

Delving into bookkeeping basics is like deciphering a business's financial code—where numbers reveal the story. Let's decode the "when" and "why" of bookkeeping. Timing matters, from daily snapshots to annual reviews, each capturing a moment in the financial journey. Now, the "why": it's not just for accounting gods; it's about gaining insights. Unraveling bookkeeping mysteries isn't a chore; it's a tool for understanding. Each entry pieces together the story of financial success. Ready to decode numbers and sail smoothly in the business world? Let's start!

Why do I need a Bookkeeper and not a CPA?

So, you might think why can’t I have a CPA do this for me and have them prepare my tax as well? Well, just like Doctors there are what we call specialties. There are CPA’s that are focused on Forensic Accounting, Financial Planning, and Tax preparation. Most CPA’s don’t necessarily focus on, unless they chose to, the bookkeeping task. They assume you are doing that or have someone do that for you. They come in, look at your books, and go from there. CPA’s are more like your Doctor’s and your Bookkeepers are your nurses.

Now granted there are bookkeeping businesses out there that are owned by CPAs. Like I said earlier…unless they chose to they don’t usually do the everyday recording of your transactions.

How To Pick The Right Bookkeeper For Your Business

frustrated with their books because they have hired a bookkeeper that took too much time to do what needed done or They did not seem to know what they are doing. I’ve seen their work and have cleaned up after them and most of the time I do a face palm because of the huge mess they have created. Not just that but they did not have the courtesy to tell the client they could not do what was asked or needed for the books.