Frequently Asked Questions

 

“The only thing more expensive than education is ignorance.” - Benjamin Franklin

 

Start here - Read our FAQs. Don’t see your question? Maybe you were looking for our Resource Center? Still have questions? Get in touch - schedule an appointment, email, Facebook, pigeon…how can we help you?

 
 

Reasons You May Be Looking for a Bookkeeper

  • You don’t really understand accounting, but trust your software to fill in the gaps.

  • Tax code is confusing.

  • Your business is experiencing rapid growth.

  • You’re looking for investors - they want professional reports.

  • You are spending more time working on the books than doing what you love.

  • You want to expand your business.

  • Your books are going to be audited.


 

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

We are great fun to work with! While this may be true, our first step is to determine the exact needs of your business to see if our services are ample enough or if you 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 you want to achieve both short term and long term for your business to determine your manpower needs.

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

This should be one of the most important items on your check list!  We can not stress enough how important this step is no matter the size of your business. Regularly reconciling helps to catch and identify problems - any unusual activity that might be caused by fraud or accounting errors - before they get out of hand. Without reconciling, it is easy for transactions to be missed, errors to be made, resulting in possible tax deductions being lost or financial problems to occur.

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

In full disclosure, there is no ‘one size fits all’ answer to this question.  Each account is different. How long it will take to complete the project depends on the size of the workload, accessibility of supporting documents, communication among the parties, etc.  When we know what your goals are we can develop our plan of action. Once we have your OK, we can hit the ground running!