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Bookkeeping
Why Bookkeeping Matters
Good bookkeeping matters because without it, it’s impossible to know the health of your business. When the books are kept up-to-date and easy-to-access, it’s easy to understand what’s working and what’s not working in regards to revenue and expenses. You’re empowered to make educated decisions and protect your profit margins. Not to mention, good bookkeeping eliminates the stress of figuring out your taxes each year!
Good bookkeeping matters because without it, it’s impossible to know the health of your business. When the books are kept up-to-date and easy-to-access, it’s easy to understand what’s working and what’s not working in regards to revenue and expenses. You’re empowered to make educated decisions and protect your profit margins. Not to mention, good bookkeeping eliminates the stress of figuring out your taxes each year!
What Is Good Bookkeeping
How do you know if you’ve got a great bookkeeper? Here’s a few indicators!
If your bookkeeper can:
- Explain your finances to you in a way that makes sense for you
- Answer your questions in an educated and patient way
- Make you feel smarter about your books and finances
- Bring your numbers to life so you aren’t just looking at ink on paper!
- Gets your financial statements to you on-time every month
- You’ve found a great bookkeeper!
If you are feeling like you’re missing any of the above items, let’s talk!
When to Outsource Bookkeeping
We get it! Most small businesses start with doing the books in-house. If you’re here, you might be questioning how to tell when it’s time to outsource bookkeeping.
Here are five solid indicators that it’s time to outsource your small business bookkeeping:
- You are spending more than four hours per month on your bookkeeping
- You haven’t done your bookkeeping in more than a month or have more than three months worth of bookkeeping that needs to be done
- You aren’t 100% certain that your books are accurate
- You don’t have time to analyze your books to understand them and make smart decisions
- You don’t understand your financial statements
If you’re feeling like any of the above apply to you, let’s talk!
Pina Business Services was founded in 2007 out of a passion to help small business owners understand their Financial Statements.
Our Services
- Advisory Services
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- Bookkkeeping
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