Whether you do your own books, have a bookkeeper on staff, or have an outside professional handle it for you, there is always a chance of errors. Data entry errors, missed entries, misclassification, or even a technical problem with your software can cause problems. (Case in point, QuickBooks Online has …
Accounting and tax software are getting more advanced. It’s amazing what these programs can do and there is a constant stream of new applications with new, added functions. It makes some people wonder if they even need an accountant…
New businesses, especially entrepreneurs just starting out usually don’t have an accountant or bookkeeper. This aspect of running a business is one of the least pleasant, and putting it off can end up costing more than if one were hired or consulted from the beginning.