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Salt Lake City Bookkeeping Blog

Is Your Small Business Bookkeeping A Freaking Disaster?

Posted by Matt Roberge on Sep 12, 2014 7:00:00 AM

Do you describe your business bookkeeping as a disaster? Does the word bookkeeping make you cringe? Do you struggle to send your QuickBooks file to your CPA year after year? If you answered yes to any or all of these you are not alone. Too be honest most small business bookkeeping systems start out as a disaster. We rarely get a new client that has a bookkeeping system that is dialed in. However, when a business has felt the pain of having a bad bookkeeping system in place they never let it get there again. If your current bookkeeping system is a disaster here is what you can do about it.

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Topics: QuickBooks Consultant, Small Business Bookkeeping, QuickBooks Bookkeeping, Outsourced Bookkeeping

Make Your Small Business Bookkeeping Work For You

Posted by Matt Roberge on Jul 21, 2014 7:00:00 AM

I meet a lot of business owners that have a small business bookkeeping system that just doesn't work. Quite often when we meet a business that is having bookkeeping issues their system has not been updated in quite some time and is full of errors. A lot of business owners hate bookkeeping and for good reasons; they have never had a bookkeeping system that adds value. Here is a quick guide on how to make your small business bookkeeping system work for you. 

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Topics: Bookkeeping Services, Bookkeeping Processes, QuickBooks Consultant, Financial Reporting, Small Business Bookkeeping

Danger! Beware Of Do It Yourself Bookkeeping

Posted by Matt Roberge on Sep 2, 2013 7:00:00 AM

I'm always a bit concerned with the business owner taking the do it yourself bookkeeping approach.  It is not that I think handling your own business bookkeeping is a bad idea, but not seeking help is.  If a business owner wants to handle their own bookkeeping I always highly recommend that they at least consider our QuickBooks and bookkeeping training services.  With general guidance we can teach you how to handle your bookkeeping on your own.  It is much easier to set up and train someone on handling their business bookkeeping than it is to fix the mistakes they most likely will make on their own.  I do recommend that owners learn some bookkeeping basics as it helps them understand financial statements as they grow.  However, I very rarely advise someone to attempt their bookkeeping without some professional assistance.  Here are a few things to consider before you attempt your bookkeeping on your own.  

Opportunity Cost

Unless you are a bookkeeper by trade then you are not a bookkeeper.  If you went to school for business you most likely took a few general accounting classes, but are you really ready to handle your own bookkeeping? As a small business owner your focus should be on growing your small business.  You need to consider the opportunity cost of attempting to handle your own bookkeeping.  Are you actually going to save money by handling your own bookkeeping? Is your time better spent handling other growth oriented tasks? Are you really willing to make mistakes from decisions off of inaccurate financial reports?  

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Topics: QuickBooks Training, Do It Yourself Bookkeeping, QuickBooks Consultant, Small Business Bookkeeping, Outsourced Bookkeeping

3 Options To Finally Get Your Bookkeeping Done

Posted by Matt Roberge on Aug 21, 2013 7:00:00 AM

I see small businesses struggle every day with getting their bookkeeping done.  Common reasons include lack of time, lack of motivation, lack or experience and lack of desire.  For one reason or another small business bookkeeping gets the back burner.  I have found that the real reasons business owners let their bookkeeping slide is because they are intimidated by it, they don't have the knowledge to do it themselves or they don't want to spend money.  Somehow the bookkeeping always gets done or at least the taxes do.  When a small business owner is shown how a good bookkeeping system can help grow their business, their attitude totally changes.  Here are three options to finally get your bookkeeping done correctly and keep it updated regularly.  

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Topics: QuickBooks Training, Do It Yourself Bookkeeping, QuickBooks Consultant, Small Business Bookkeeping, Outsourced Bookkeeping

Is Your Seasonal Bookkeeping Falling Behind?

Posted by Joe Mazur on May 28, 2013 7:08:00 AM

It's not uncommon for us to interact with seasonal businesses since we tend to spend a lot of time involved with the outdoor community.  I'm not saying seasonal bookkeeping only occurs with outdoor enthusiasts that happen to own a business, but a majority of the owners we work with are.  Your business could be a winter photographer, a summer rafting companylandscaper, or basically anything that operates based on certain weather conditions.   There are many benefits of owning a seasonal company, but there are also a few downsides.  One downside may be trying to cram a full year of revenue generating work into 6 months or less.  When this happens it's quite common to ignore your bookkeeping and next thing you know your bookkeeping has fallen behind.

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Topics: Bookkeeping Tips, QuickBooks Consultant

We Provide Small Business Accounting Services You Need

Posted by Matt Roberge on Jun 23, 2012 9:07:00 AM

Even though a small business is considered a smaller operation, with only a few people being employed, all of these people play very important roles in the livelihood of the business. Yeah, bigger businesses and huge corporations might be able to afford entire departments dedicated to accounting, financing, bookkeeping, and all of that, but, a small business can still run with the big dogs and thrive doing it. All you have to do as a small business owner is to find the best of the best that specialize in smaller businesses.

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Topics: Bookkeeping Services, Accounting Services, QuickBooks Consultant