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We recently discussed knowing when it’s time to turn over your bookkeeping services to an in-house or outsourced bookkeeping expert and the ways to keep costs low and processes efficient. It’s now important to discuss what your…
When you hire a new bookkeeper, wouldn’t it be nice if you could start very slowly, dip a toe in the water, see if you like the work that your bookkeeper does and then progressively accelerate the pace of the work? Unfortunately, this is seldom practical as there usually…
Let’s assume that you are 6 months behind with QuickBooks. You haven’t entered all the data. You haven’t reconciled the bank accounts. Your A/P and A/R are not representative of your current situation. What do you do? You have two options: #1 Catch up on the…
You’ve decided to allow your clients to pay you by credit card, and you need to find yourself a merchant services provider. Is there an easy way to go about it? Not really, but there might still be a shortcut. Merchant service providers have mastered the art of making…
It’s the beginning of the month. Time for your bookkeeper to tackle the reconciliation of you bank accounts and credit card accounts. Should you give her the traditional envelope…
If you want to outsource your bookkeeping function, don’t fall into the temptation of delegating the whole thing to your bookkeeper and turn it into a black box. That’s the best way to let bookkeeping services costs creep up. It has nothing to do with your…
The responsibility of being efficient with bookkeeping doesn’t always fall 100% on the shoulders of your bookkeeper. The way you manage your bookkeeper has a lot to do with it as well. If you outsource your bookkeeping services to an independent bookkeeper or to…
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