5 Ways A Virtual Bookkeeper Can Transform Your Day
Do you sacrifice free time to do all of your business’s financial calculations yourself – even if math isn’t your forte?
Do you dread punching numbers into your balance sheet and the boredom and confusion is giving you headaches?
Do you wish you could find a low-cost solution to fix these problems?
Managing money is crucial for any thriving organization; which means if you’re doing anything wrong, then you’re risking the financial health and vitality of your organization.
There are a lot of tasks when managing finances:
- Weekly bill pay
- Monthly bank account and credit card reconciliations
- Correcting journal entries
- Weekly and Monthly Reports
- Monthly A/R and A/P Aging Reports
- Balance Sheet
- Income Statement
- Budget vs. Actual Report
- Statement of Cash Flow
- Other custom reports*
- Credit card reconciliation
- 1099 preparation and e-filing
- Payroll processing through a verified vendor
- Invoice processing, if applicable
- Updating annual budget in accounting software
- Maintain vendor listing
All of the above tasks can be time-consuming, even for those who never necessarily struggled with math. Because the bottom line is that you didn’t start your business to be an accountant.
Another worry is that if you’ve got a business to run, then you will have 101 other things to worry about before you can get around to your bookkeeping. The most common solution is to work overtime, staring at screens and spreadsheets until exhaustion makes your mind go foggy, therefore running the high risk of inaccuracies worming their way into your figures.
And that’s exactly where this list comes in.
Here, you’ll discover the five most positive changes that will come out of hiring a bookkeeper for your business. You’ll learn how they can transform your workday, not only by making work easier and more enjoyable, but also by making you a generally happier and stronger person.
So let’s get started!