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Hiring a Book Keeping Service

Whether you choose to do your own books and accounting or hire those services out there are a few things you should know first.


Whether you choose to do your own books and accounting or hire those services out there are a few things you should know first.

A good book keeping service will normally charge you around $200 -500 per month while you are still somewhat small and you can receive: Profit and Loss Statements; Balance Sheets; Bill Paying Services; Checking Account Reconciliation; Journal Reconciliation; Tax Information Preparation; Tax Return Filing;Etc.

If you are inclined to do your own books, that's ok too. Simply use the accounting


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software such as Quick Books or
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Microsoft Money. These are available at any Home Depot type office supply house and often may even come as part of the software on your new
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You must take this task seriously. If you find yourself slipping behind in your accounting duties it may be time to switch to a bookkeeper. Don't look in the phone book for a bookkeeper. Ask a friend for a referral. Look for an older woman named 'Margaret', 'Rose', 'Loraine', 'Edith', etc.

As your

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health. Just because you have $30,000 in accounts receivables does not mean you can take home a large paycheck next week, it does not even guarantee you can make payroll this week.

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