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Many small business owners rely heavily on CPA firms to perform their bookkeeping, accounting, payroll and tax preparation. Other small business owners try to perform their bookkeeping, accounting, payroll and tax preparation on their own. The advantage to relying heavily on CPA firms is the work is performed by professionals and the disadvantage is the substantial cost associated with these professional services. The advantage to performing the work on your own is the substantial cost savings and the disadvantage is the work is performed by nonprofessionals.

The purpose of bookkeeping, accounting, payroll and tax preparation is to provide timely, relevant and reliable financial information and the goal is to produce that information accurately and efficiently. Timely, relevant, and reliable financial information helps business owners:

1. Make Good Business Decisions,
2. Obtain Financing, and
3. Decrease Federal and State Income Taxes.

Our experience in helping small business owners produce timely, relevant and reliable financial information accurately and efficiently is to have the small business owner or employee perform as much of the bookkeeping and/or payroll process as they should or are able to do and only have the CPA firm do what they should or the owner or employee is unable to do. That way the work is performed by or under the direct training, supervision and support of a professional for the least amount of cost.