There are more than a few bookkeepers out there who are not up to the mark. More than often, we receive calls from troubled companies that have just let go of their bookkeepers and are looking for immediate help.

Once we take a look at their books, we realize the impact of negligence and mismanagement. From oversight and miscalculations, we come across all sorts of things.

In this blog post, we discuss top three reasons you should consider changing your bookkeeping services, right now:

Reason#1-Your Bookkeeper Is Always Lagging Behind

Isn’t it frustrating to ask your accountant for crucial information or an important report that they are always failing to provide? The most important part is, they are falling behind. Most in-house bookkeepers tend to lose motivation over time and have no drive to become more efficient at their jobs.

Want to avoid this situation? Always express your expectations beforehand. If you want to see cash flow reports by the tenth of the month, let them know. If you want the bills recorded by Friday, let them know.

If this doesn’t work either, it might finally be time to get in touch with the pros.

Reason#2-The CPA Seems Too High

More than often, we come across business owners with clients complaining about higher CPA fee charges. This is because you are letting your CPA do the bookkeeping.

If you don’t have a dedicated bookkeeper in place and you just hand over a file of receipts to your CPA, you are definitely going to have a high bill. At other times, a higher CPA fee is because of poor bookkeeping.

If the CPA is given a collection of unorganized books, they will have to put in extra time and effort to do something that the bookkeeper should be responsible for. Promote communication between the CPA and bookkeeper so that both of them clearly understand their roles.

Reason#3-No Input on Financial Reports

The bookkeeper should always be able to give you key feedback on your financial reports. If not so, they should at least have some comments on the balance sheet. In simpler words, the bookkeeper has a deep intimacy with your business that can only be there by handling books every day. With the comprehensive knowledge, the bookkeeper should be able to provide you some actionable feedback on your reports.

Not sure if the bookkeeper will work for you? Get in touch with us! We offer professional bookkeeping services and business consulting that can help keep your books in order and benefit from reliable financial insight to make informed decisions.