Frequently Asked Questions

 
 

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We don't currently use an accounting software to keep track of our income and expenses.  Which version of QuickBooks do you recommend?  

Each version (desktop or online) has its own pros and cons.  After a short conversation,  we can help you determine which version is best to start out with based on your company's specific needs and anticipated future needs.  

 

Is hiring a company like Bottom Line better than hiring someone in-house?

While we would love to gain every company's business that approach us, we first need to determine the exact needs of the business to see if our services are ample enough or if they are in need of a full-time in-house employee.  Most of our clients spend less money outsourcing their bookkeeping and receive the high-level service they desire.  However, it is important to analyze what each business wants to achieve both short term and long term to determine their manpower needs.

 

 

I already have all the data in the system, why do I need to have my accounts reconciled?  

This is one of the most important items on our check list!  We can not stress enough how important this step is.  Without reconciling, it is easy for transactions to be missed, resulting in possible tax deductions being lost.  Reconciling allows for companies to agree with banks/credit companies, etc. 

 

How long will it take Bottom Line to do the work?

In full disclosure, this is a hard question to answer.  Each account is different.  Completion of work depends on size of workload, accessibility of supporting documents, communicaiton amoung parties, etc.  Once we have expressed our plan of action, we like to hit the ground running.  We are a very deadline and target driven company.