Don’t make a mess of your revenue!
Why you should be hiring an accountant to set up your business accounting software.
Just as you hire a dentist to clean your teeth and a mechanic to fix your car, you should really plan to hire a professional to set up the accounting software for your business.
Here are a few reasons why:
1. An accountant knows more than you do about the pre, present and post of all things financial.
Don’t let this sting your ego. Just as you know better, your passion for the product or service that you are selling or supplying, an accountant knows better, how to set up for successful cash flow management. They will know how to set up vendors, accounts, loans, revenue, invoicing, etc. Having these items properly set up at the start will keep your transactions rolling smoothly and preventing you from having to waste time and money later on making adjustments. Or worse, owing ridiculous amounts of taxes due to an error from 12 months ago.
Being able to look ahead gives you the capability to see problems coming down the road before they come to fruition. Often folks (especially entrepreneurs and executives) forget to think about how much their time is worth in monetary terms. Where is your hour better spent? Adding cash to your bottom line, or figuring out how to manage the cash that you have?
2. Hiring a professional will actually save you money.
Having your software set up correctly will save you money, and likely MAKE you money. The biggest reason for this is the time saving factor. It’s important to have everything at your fingertips at a moment’s notice. You know who owes, you know what your bottom line is, you know what to expect to pay out for taxes next quarter. Best of all, you will be totally prepared when it’s time for your audit or your next business review meeting!
3. You’re too busy not to leave this to a professional.
Remember the passion that got you started in business in the first place? Think about the time that you spend networking, researching, speaking with clients, working on your marketing plan, making sales, making a living, providing an opportunity for others to make a living perhaps. Those things that you enjoy and that keep you working every day. Keep doing those things, and leave the rest to the appropriate professionals.
Do you need assistance setting up a new accounting program?
Do you need assistance getting your accounting program correct?
Eclipse Accounting Group offers qualified bookkeepers under accountant supervision who can assist with all aspects of accounting software program set up and ongoing management.