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Pilot bookkeeping logo12/6/2023 That’s part of the reason our bookkeeping service is more accurate than human-only services. They also make sure every transaction is accounted for and categorized correctly.Īside: At Pilot, we write rules for transactions so they can be automatically categorized instead of doing it all by hand. Bookkeepers ensure that data is accurate and comprehensive, so it can inform your financial decisions and strategy.īookkeepers handle these four primary duties:Ī bookkeeper gathers all your transactions from payroll, expenses, payment processors (like Stripe or PayPal), and more. The information they give you represents the bedrock of your company’s financial health. The TL DR version is that bookkeepers give you a monthly snapshot of your business’s finances. They keep your financial data in order so an accountant can make accurate strategic decisions. That’s one of the most valuable benefits of working with a bookkeeper. QuickBooks entries often need to be categorized and amended by hand. And even the best software can’t capture everything. Here’s the thing: Accounting software captures information, but it doesn’t help you make sense of it. If you’re using QuickBooks, Wave, or other accounting software to send invoices, record transactions, and pay employees and contractors, you might wonder if you need a bookkeeper at all. I Use Accounting Software - Do I Need a Bookkeeper Too? And that’s a great thing to have when you’re trying to convince them you’re serious about building your business. Plus, you’ll have a complete and accurate financial picture to provide investors. Using an experienced bookkeeping service like Pilot means you’ll always be ready to produce your books if the IRS comes knocking. But let’s be real - your time and brain power are better spent growing your business. If you’re financially minded and have a lot of free time on your hands, then yes, you probably can keep your own books.
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