FAQ
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What exactly is bookkeeping?
Bookkeeping is the process of tracking all the money that moves in and out of your business. It’s like keeping a detailed diary of your financial life—every sale, expense, invoice, and paycheck gets recorded, organized, and kept up to date.
With good bookkeeping, you’ll always know:
- How much cash you have- What you’re earning and spending
- What you owe
- That you’re books are ready come tax season
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What's the difference between a bookkeeper and an accountant?
Think of your business finances like a garden. A bookkeeper is the one who waters the plants, pulls the weeds, and keeps everything tidy day-to-day. An accountant is more like the landscape designer—they step back, look at the big picture, and help you plan for growth.
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Why is bookkeeping important?
Bookkeeping isn’t just about keeping records—it’s about keeping control.
When your books are accurate and up to date, you gain:
- Clarity: You know exactly where your money is going, what’s coming in, and what’s overdue. No more guessing or scrambling at tax time.
- Compliance & Peace of mind: Proper bookkeeping keeps you in line with tax laws, labor regulations, and financial reporting standards. It protects you from penalties and audits.
- Time saved: Instead of digging through receipts or chasing down missing invoices, everything’s organized. You get back hours every month—and avoid last-minute stress.
Bookkeeping is the foundation of your financial health. When it’s done right, everything else—taxes, payroll, planning—gets easier.
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Do I need a bookkeeper if I use accounting software?
Accounting software like QuickBooks Online is a powerful tool. It can automate tasks, generate reports, and help you stay organized. But here’s the key: software doesn’t think—bookkeepers do.
A bookkeeper brings the human insight that software can’t:
-We know what to look for: we catch errors, misclassifications, and missing entries the software won’t flag.
-We tailor your setup: Every business is different. We customize your chart of accounts, workflows, and reports so they actually reflect your operations.
Think of it like this: software is the toolbox. A bookkeeper is the skilled craftsperson who knows how to use it to build something solid.