Why Outsource Your Bookkeeping?
Many small to medium-sized businesses choose to outsource their bookkeeping for several primary reasons:
- You save money and time
- You don’t want the hassle of hiring, training, and paying for a full time bookkeeper
- You want to maximize your tax savings
- You want to minimize the risk of fraud
Take a moment to review our comparative chart and see for yourself the benefits of outsourcing your bookkeeping to the certified QuickBooks® ProAdvisors at Braver Schimler Pierce Jenkins (BSPJ):
| Internal Bookkeeper | Outsourced Bookkeeping | |
|---|---|---|
| Payment | Salary and benefits are paid whether or not you are getting timely and valuable assistance. | You simply pay for time actually working on accounts on an hourly ortransaction basis, as needed. |
| Availability | If accounting is not a core competency for you, there is no replacement when the bookkeeper is sick or on vacation, or just out for the afternoon. | There is always a person on staff to keep your books up-to-date. |
| Internal Controls | Proper segregation of duties may not exist, increasing the risk of fraud. | A third-party relationship and proper segregation of duties reduces the risk of fraud. |
| Turnover | Bookkeepers often gain experience and move on to work for another company. | You are always working with a highly skilled and experienced accountant or bookkeeper. |
| Knowledge | You rely on one employee who may have limited training to keep your books and financials in order. | Our accountants and bookkeepers are fully trained and experienced. Plus you can tap into the resources and expertise of a full-service accounting firm. |
| Information Safety | You rely on your own computer and paper records to save and maintain your bookkeeping. | Access to system back-up on and off-site, electronic document storage capabilities. |