Frequently Asked Bookkeeping Questions

Is it less expensive to hire a virtual bookkeeper than hiring an in-house employee to do the bookkee

Absolutely! Let's look at the cost difference....Let's assume the going bookkeeping rate is $15-$18/hr. Even if that person worked only 20 hrs. a week, the monthly pay would be (20hrsx$18/hr x4wks) $1,440/mo. + employer payroll taxes (FICA/Unemployment) + supplies/computer for that person + any benefits (sick/vacation/insurance) they may be given. So, even with the most expensive package with A/P and A/R Add-On's of $120/each...$840/mo. vs. $1,440+/mo. That's over $7,200+/year savings!

What is the difference between hiring a bookkeeper vs. accountant?

Think of a bookkeeper as a Physicians Assistant and an Accountant as a Doctor.

You would see the PA for your day-to-day issues. They would be right there to make sure you are well taken care of and identify and remedy any bookkeeping issues immediately.

An Accountant, on the other hand, is the Doctor you would see for shorter periods of time, for bigger financial events like annual tax filings, audits or more advanced financial analysis.

If you work virtually, how do I get my documents to you?

Our preferred way is using Dropbox or the document transfer feature in QuickBooks Online. However, if you are more comfortable with snail mail, we have no problem with that!

My company books haven't been updated in over a year...can you bring them up to date?

We sure can! Once we know the scope of the bookkeeping work needed, we can give you a quote.

Which software do you use?