Most small to middle-sized businesses choose to outsource their bookkeeping for several primary reasons:
- You save money and time
- You don’t want the hassle of hiring, training, and bookkeeper turnover
- You want the advantage of tax savings
Take a moment to review our comparative chart and see for yourself the benefits for outsourcing your bookkeeping to certified QuickBooks® ProAdvisors
over hiring an internal bookkeeper.
| |
Internal Bookkeeper |
Outsourcing Bookeeping |
| Payment |
Salary and Benfits must be paid whether or not work is being accomplished, vacation and holiday, for example. |
You are buying services, not hours. Pay for time actually working on account on an hourly or transaction basis. |
| Availability |
If accounting is not a core competency for you, there is no replacement when the bookkeeper is sick. |
There is always a person on staff to keep your books up-to-date. |
| Relationship |
Employer-employee personal relationships can create emotional attachement that often detracts from proper professional management. |
Professional relationship between two companies brings the trust of an employee, but employee personal problems do not interfere. |
| Turnover |
Bookkeepers often gain experience and move on to work for another company.
|
The outsourcing company continually is motivated to work hard and keep their client’s business. |
Time and
Resources |
Employee supervision, turnover, use of your office space and/or computer. |
Frees up focus from financials to focus on business strategy and goals. |
| Knowledge |
Rely on one employee who may have limited training to keep your books and financials in order. |
There generally is more training of employees and you can tap into the resources and expertise of a full accounting firm. |
| Information Safety |
Rely on your computer and boxes of papers to save your bookkeeping. |
Access to system back-up on and off-site, electronic document storage capabilities. |
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