It's true. Bookkeeping is a necessary function of accounting. Making sure your daily, weekly, monthly, quarterly and annual transactions are completed, tracked, reconciled, reported and filed on time is important. And when well done, essential to Accounting Done Right.
But, detailed though it is, bookkeeping is just one piece of the whole accounting equation.
So, it's reasonable to ask yourself:
You may have these questions and more. Questions you can’t even formulate. Sometimes, you just have an uneasy feeling. Bookkeeping in and of itself, isn’t designed to answer any of these questions.
Having your bookkeeping done with an eye towards answering all these questions offers an entirely different view. And outcome. That outcome includes someone you can talk to about the details of your operations, where it might be going, and how you might get there.
If your bookkeeping, accounting, tax planning and tax returns were all done by your CPA, you would have greater confidence they were being done right and your CPA would be looking at your business every month instead of every year. That’s so much more than bookkeeping alone. That’s another set of eyes on your business that can recognize financial and tax opportunities, and pitfalls, that you might not see.
With that kind of approach, you could spend your time focusing on the parts of your business that excite you and got you into business in the first place!