TIME
Outsourcing your bookkeeping needs frees up your valuable time, so you can focus on bettering and growing your company. You will not be spending hours training and finding the right employee. Your time and skills are too valuable to be doing work that others can do, and probably do better. A bookkeeper will keep you on track, and ensure that deadlines are met.
MONEY
Save valuable funds by outsourcing your bookkeeping needs. When you select the bundle pricing, you pay for only what you need and you will know exactly what your monthly costs will be. You will save money from not paying full or part-time wages and benefits to employees. If you are doing your own books, you may save money now, but doing it incorrectly can cost more in the future, with CRA penalties and unnecessary accountant fees.
ACCURACY & ACCOUNTABILITY
A Bookkeeper looks at your income and expenses on a monthly basis. They can evaluate, reconcile, analyze, and help you keep your budget on track. A bookkeeper can identify irregularities in inventory or missing cash. A bookkeeper will provide regular financial statements, so you know where your company stands, and that will enable you to make informed decisions.
CASH FLOW
A bookkeeper will create invoices to your clients, remit and collect payments as they are due. They will complete regular reviews of your Accounts Payable and Accounts Receivables, identifying issues quickly.
PAYROLL
If you have employees, it is imperative that they are paid correctly. A Bookkeeper with payroll expertise will ensure that you comply with Provincial & Federal regulations.
Without control of all the above, combined with you as the business owner wearing too many hats, can cause major stress. Proper financial records are crucial to your business and the key to its success.
A good bookkeeper is one of the best investments you can make for yourself and your business!