This is a common thought that many business owners have. Bookkeeping is an area that some business owners put off until it becomes something that can no longer be ignored. For many, it’s neglected until that last day of tax season and then the bookkeeping must be done so that taxes can be filed!
It’s more than normal for this to happen. Bookkeeping is a tough job. Ask yourself these few questions: “Are my receipts and invoices piling up?” “How far behind am I, with my bookkeeping?” With August being a little over halfway through the year, it’s time to start thinking about what needs to be done. If you haven’t touched your bookkeeping since April, chances are, it’s time to start considering a professional bookkeeper.
It’s common to think that bookkeeping doesn’t actually help sales or productivity in a business. Business owners will spend time creating their product or service, as they need to, in order to start their business. Time is spent finding the perfect office space. Even marketing is more important than bookkeeping, because marketing will bring in customers.
Bookkeeping ends up at the bottom of the to-do list and then often gets ignored. In reality, working on the books is a critical part of running a business. Whether you do it or you hire someone else to do it, the importance of keeping it up to date is major. It can make or break the success of your business.
Entreprenuer.com has said it well, “It won’t just go away, even if you ignore it, it will not go away. As soon as the end of the year comes and you have to file your taxes you will suddenly realize that you should have done your bookkeeping. How much time does it take you to get your bookkeeping ready to file your tax return? How stressed do you get while doing the bookkeeping for the year all at one time? Your bookkeeping has to be done – regardless of when you do it! However, by waiting until the end of the year you are not only causing yourself added stress but you are also depriving yourself of critical information that you need to successfully run your business throughout the year.”
We agree with the statements above. Don’t keep waiting to get up to date on your bookkeeping. Waiting is really just ignoring. Bookkeeping, for your Reading, PA business, must be done! Trust your CPA to help you get your bookkeeping in order. It’s time to get your business organized. Our Reading CPA firm can help! In addition to being a CPA firm, we are also professional bookkeepers. We will help you get on the right track and ready for the upcoming tax season. If you’d like to take a look at some of our CPA and bookkeeping packages, be sure to visit our homepage. Also, feel free to contact us with any questions or concerns.