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Salt Lake City Bookkeeping Blog

7 Eye-Opening Questions You Should Ask Your Bookkeeper

Posted by Matt Roberge on Aug 7, 2013 7:00:00 AM

Questions To Ask Your Bookkeeper As a small business owner, you need to ask for more from your bookkeeper. If your typical banter with your bookkeeper is about their weekend plans, you may be missing out on some crucial information. A good small business bookkeeper can be a wealth of information. Here are 7 eye-opening questions to ask your bookkeeper.  

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Topics: QuickBooks consulting, Bookkeeping Salt Lake City, Business Efficiency, Outsourced Bookkeeping

How Does Outsourced Bookkeeping At SLC Bookkeeping Work?

Posted by Matt Roberge on May 1, 2013 7:30:00 AM

New clients of our outsourced bookkeeping services typically have two main questions: how does it work and how much does it cost? The answer to both questions is not simple, nor predetermined.  Every client's needs are different as is their bookkeeping system.  Therefore, the way our outsourced bookkeeping services work and the price fluctuates with each client.  In order to tell a new client how our bookkeeping services work and how much it will cost them depends on a series of questions and answers.  Here are the highlights of how our outsourced bookkeeping services work.

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Topics: Bookkeeping Salt Lake City, Bookkeeping Tips, Outsourced Bookkeeping

SLC Bookkeeping's Most Popular Blogs Of 2012

Posted by Matt Roberge on Jan 18, 2013 6:55:00 AM

I started writing blogs for Salt Lake City Bookkeeping on 4/18/2010.  I guess I would explain my blogging experience with two words: growing pains.  At first I hated the concept of blogging and the word itself I found unappealing.  Blog, it just sounded weird to me.  I am an accountant not a marketing person, so how could blogging possibly help my business?  Now almost three years later I find myself wondering where we would be without blogging.  

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Topics: QuickBooks, QuickBooks Tips, Bookkeeping Salt Lake City, Bookkeeping Services, Bookkeeping Help

3 Steps To Stop Doing Bookkeeping But Remain In Control

Posted by Matt Roberge on Jan 7, 2013 7:20:00 AM

Many business owners have the mindset that they don't want anything to do with the bookkeeping process of their business.  They find it to be a nuisance and a waste of time.  However, ignoring your business bookkeeping altogether is the equivalent of running your business blind.  Neglecting your bookkeeping leaves your business vulnerable to theft and fraud as well as possibly exposing you and your business to tax related problems down the road.  I understand why many business owners dislike bookkeeping.  Many owners hate the task of bookkeeping, while others see it as time they could spend growing their business.  However, if you set up your bookkeeping processes correctly you can stop handling your day to day bookkeeping but still remain in control of your business finances.   

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Topics: Bookkeeping Salt Lake City, Bookkeeping Services, Bookkeeping Tips, Business Efficiency, Bookkeeping Help, Bookkeeping Theft

61 Days For Year-End Bookkeeping

Posted by Matt Roberge on Nov 1, 2012 7:28:00 AM

It's November 1st and you should be thinking about your business year end bookkeeping.  Why?  Because if you wait until the calendar turns to 2013 you are too late.  Here is why:

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Topics: Bookkeeping Salt Lake City, Year End Accounting, Small Business Bookkeeping, Year End Bookkeeping

Evaluating Bookkeeping Services In Utah

Posted by Matt Roberge on Oct 29, 2012 7:33:00 AM

When evaluating bookkeeping services in Utah there are a number of factors to take into account. Bookkeeping services need to be tailor made to your small business. Every business is somewhat different and needs individualized attention to their needs. Bookkeeping services have the ability to give that attention to a small business.

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Topics: Bookkeeping Salt Lake City, Bookkeeping Services

Why Bookkeeping Training Is Worth Every Penny

Posted by Matt Roberge on Aug 9, 2012 7:59:00 AM

Running a small business is a 24/7 job and if you’re like most small business owners, or faithful employees, you run on a pretty tight schedule. There isn’t much time for things like long breaks and small talk, much less financial mistakes. In order for a business to continue to grow and become more successful, every dime must be accounted for each and every day. However, finding time to sit down and keep up with the books is about as realistic as finding time for a month long trip to the Caribbean.

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Topics: Efficient Bookkeeping, Bookkeeping Salt Lake City

Outsourcing Bookkeeping Will Take Pressure Off Your Office Manager

Posted by Matt Roberge on Jul 28, 2012 8:25:00 AM

There are an amazing amount of advantages to outsourcing bookkeeping for your business! Not only are there the obvious benefits such as having things done on time and without error, but it will also often take a tremendous amount of pressure off your office manager, or whoever happens to be in charge of the financial department, and perhaps that may even be you?

As making money is the main reason that most companies are even operating in the first place, it should always be a high-priority to have the financial aspects of your organization in impeccable order. However, this is of course easier said than done and that's where outsourcing bookkeeping comes into the economic picture. A certified consultant that's been extensively educated in accounting has the ability and the tools to manage the financial records for your business.

Once you or your company has found somebody that they can trust to tend to these affairs, it's one less thing to have to be constantly concerned with. Therefore, outsourced bookkeeping can be an extremely effective as well as economical approach, because it will provide almost immediate relief and reassurance that these things are being addressed in the most professional way possible and usually at a fair rate.  Also, an outsourced agent can often offer access to their resources in addition to their ongoing advice.   

Remember, the biggest benefit to outsourced accounting is that it will allow you and your employees to concentrate on their area of expertise and other essential duties that must be dealt with on a daily basis. The types of tasks that an outsourced pro can tackle include many things, from accounts payable and receivable, to payroll processing and balancing the books regularly. Although, these are only a few of their functions, as many will offer tax preparation and comprehensive financial reports as well.                   
Have you discovered that there isn't enough time in one day when it comes to dealing with your company? If so, this may be an ideal time to consider outsourcing bookkeeping in order to take back control of your office and your schedule. Even if you're just curious as to what these services can do for you, all it takes is a quick phone call to a knowledgeable bookkeeper who should be able to offer some valuable advice along with their expert assistance if you would like!     

 

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Topics: Bookkeeping Salt Lake City, Bookkeeping Services

We Are A Bookkeeping Business You Can Rely On

Posted by Matt Roberge on Jul 21, 2012 7:19:00 AM

When it comes to running a business, all of the pieces that make a business successful need to be fully functioning and working. That especially applies to bookkeeping, since some of your most important records are being attended to and need to stay organized to keep you sane and able to focus on making sure the business is running smoothly and profitably. You shouldn't have to do the bookkeeping all by yourself late at night, or having your staff do the bookkeeping when they already have so much to do already. And what happens if you or one of your employees does the bookkeeping wrong? You won't be in that situation with a reliable bookkeeping business!

Tons of businesses, small or large,have outsourced bookkeeping to a bookkeeping business that have certified people to make sure important documents like taxes and employee records are kept organized, safe, and are easily accessible in case of any emergencies. It shouldn't matter if your office has gone paperless or not, too! A bookkeeper will always make sure your business is organized, and that's where Salt Lake City Bookkeeping comes into play. We will keep you organized and let you focus on the big stuff, or that next golf game.

Why choose SLC Bookkeeping? Give this list a try:

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Topics: Bookkeeping Salt Lake City, Accounting Services, Bookkeeping Tips, Business Efficiency, Business Ideas

Personal Bookkeeping: A Look From The Inside

Posted by Joe Mazur on Jul 12, 2012 8:00:00 AM

In this blog, we're going to teach you everything you need to know about personal bookkeeping in under 400
words!

Well, OK, not really. There's a reason we had to go to school for way too long to learn this stuff. However, what we are going to offer are some insider tips on how to make sure your personal bookkeeping is effective, and can be a tool to help your business rather than a stumbling block.

  • Record everything as quickly as is prudent. Don't put off entering receipts until the end of the week or the end of the month. We're not saying you have to update your books the very moment you make a deposit at the bank, but do it sooner rather than later.

  • Make bookkeeping a regular habit. If you're doing your own books, try setting aside a few minutes every day to update your records. If you make it a daily occurrence, you're less likely to forget or start procrastinating. Receipts pile up if they're not taken care of quickly, but it's easy on a day-to-day basis.

  • Keep your personal and business ledgers totally separate. So many people get into trouble when they freely mix their personal bookkeeping with their business. Even if you're a one-person operation,
    keep separate books. It'll help you on tax day, and it'll help you keep a clearer idea of where your finances stand.

  • Use consistent categories. You need categories to keep your finances straight, things like “Office Supplies” and “Computer Expenses.” Figure out what you're going to call them ahead of time and stick to that. It'll prevent confusion when you're looking at your books months or years later.

  • Budget major expenses ahead of time. If you know you'll be needing a new tablet within a year, go ahead and pencil that into the budget. Don't spend it unless a truly dire crisis pops up. That way the money will be there when it's needed, rather than being an unplanned and unexpected expense.

  • Get software. It's the year 2012, for crying out loud. There's just no reason to be doing this stuff on paper any more unless you're a masochist. A good piece of software will make your bookkeeping and financial tracking far easier.

Finally, as a parting question, do you have any tricks that have helped you with your personal bookkeeping?  We'd love to hear any tips you might have.  

 

 

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Topics: Bookkeeping Salt Lake City, Personal Bookkeeping, Small Business Accounting