When should I hire a bookkeeper?
Hire a bookkeeper when your books are consistently two or more months behind, you’re spending over 5 hours per month on bookkeeping, or your annual revenue exceeds $250k.
Other signs you need help include making business decisions without knowing if you’re profitable, dreading tax season because nothing is organized, getting correction requests from your CPA before they can file your return, or missing financial deadlines because bookkeeping keeps getting pushed to the bottom of your list.
If bookkeeping is taking time away from revenue-generating work or you’re losing sleep over whether your numbers are right, it’s time to hire professional help.
The cost of hiring someone is usually less than the value of your time spent doing it yourself, especially once you factor in errors, missed deductions, and late filing penalties.
More Questions
What is payroll tax?
Payroll tax is the federal and state taxes you withhold from employee paychecks and pay on wages. This includes Social Security, Medicare, unemployment, and income tax withholding.
Read answerHow long does bookkeeping cleanup take?
Most cleanups take two to four weeks depending on how many months you're behind and how messy the books are.
Read answerWhat does a bookkeeper do?
A bookkeeper records transactions, reconciles accounts, categorizes expenses, and produces monthly financial statements so you know where your business stands.
Read answerHow much does bookkeeping cost?
Monthly bookkeeping starts at $199. Your actual price depends on transaction volume and business complexity.
Read answerWhat records do I need to keep for my business?
Keep all receipts, invoices, bank statements, and contracts. The IRS requires documentation for every business expense you deduct.
Read answerCan I do my own bookkeeping?
You can do your own bookkeeping if your business is simple and you have time to learn. But most owners who try end up with messy books that need professional cleanup.
Read answerDFW's Trusted Bookkeeping Firm
The Next Step:
A 15-Minute Call
Tell us what you're dealing with. We'll listen, ask a few questions, and then give you a simple price to do the work for you.
