Five Benefits to Hiring Your CPA to Do Your Bookkeeping 

By: |Published on: Mar 7, 2023|Categories: Accounting, Bookkeeping Services, Hot Topics|

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5 Benefits of Hiring a CPA as Your Bookkeeper

 

As a small business owner, you wear many hats. You are responsible for staying up to date with the changes in your industry, keeping track of inventory, ensuring all your insurance is up to date and managing your employees. If you are overwhelmed by the bookkeeping process, consider hiring a CPA to manage your books. Hiring a CPA will help you save time and money, and they can also help you stay compliant with tax laws.Hiring a CPA to do your bookkeeping will help you keep track of the essential financial information for your business. How can you make the best decision for your business if you are unaware of how much income you are making this month? Knowing your bottom line will help you decide whether to hire additional staff or reduce expenses.Here are five benefits of hiring your CPA as your bookkeeper:

 

1. Your CPA, as your bookkeeper, can help you determine eligibility for certain deductions and credits.

As a small business owner, you may be paying too much in taxes, especially if you are self-employed.

 

2. Your CPA can help you avoid fraud

Your bookkeeper will be able to spot unusual transactions and flag any suspicious activity.

 

3. You Can Reduce Paperwork

Often small business owners find themselves buried under piles of paper. Having a professional handle your books means you’ll only have one set of records.

 

4. You Can Gain More Time To Run Your Business

If you spend hours each week doing basic bookkeeping tasks, imagine what you could do if you got this time back. Allowing your CPA to handle your bookkeeping will free up time for you to focus on running your business.

 

5 You Will Gain Efficiency Through Reporting

Once you hire your CPA as a bookkeeper, you will gain access to detailed reports about your business’s performance. These reports will help you run your business more efficiently.

 

Why should you hire us?

Estess CPAs offer an experienced team of professionals who provide accounting solutions to our clients across multiple specialized industries. Our services include bookkeeping, accounting, tax preparation, payroll processing, and advising you on what is best for your business.