Most small to middle-sized businesses choose to outsource their bookkeeping for several primary reasons:
Take a moment to review our comparative chart and see for yourselves the benefits for outsourcing your
bookkeeping to certified QuickBooks® ProAdvisors over hiring an internal bookkeeper.
| |
Internal Bookkeeper |
Outsourcing Bookkeeping |
Payment |
Salary and Benefits must be paid whether or not
work is being accomplished. |
You are buying services, not hours. Pay for time
actually working on accounts on an hourly or
transaction basis. |
Availability |
If accounting is not a core competency for you,
there is no replacement when the bookkeeper is
sick. |
There is always a person on staff to keep your
books
up-to-date. |
Relationship |
Employer-employee personal relationships can
create emotional attachment that often detracts
from proper professional management. |
Professional relationship between two companies
brings the trust of an employee, but employee
personal problems do not interfere. |
Turnover |
Bookkeepers often gain experience and move on to
work for another company. |
The outsourcing company continually is motivated
to work hard and keep their client’s business. |
Time and
Resources |
Employee supervision, use of your office space and
computer. |
Frees up focus from financials to focus on business
strategy and goals. |
Knowledge |
Rely on one employee who may have limited
training to keep your books and financials in order. |
More training of employees. You can tap into the
resources and expertise of a full accounting firm. |
Information
Safety |
Rely on your computer and boxes of papers to save
your bookkeeping. |
Access to system back-up on and off-site,
electronic document storage capabilities. |