When you hire and onboard a new in-house bookkeeper, chances are you do some training and outline their job duties. But if they’re just not getting it, missing deadlines, wasting time or or calling out sick too often, it puts you in a bad spot. You can fire them, and then you’re back to square one, wasting time and money to find, hire and train a new bookkeeper. Not only is hiring and onboarding new employees a stressful, time-consuming process, but while you’re waiting, your books are getting more and more out-of-date. You might be missing Accounts Payable and Accounts Receivable. You could be losing money or even hurting your the credit rating of your business. If you have another employee managing your books in the interim, how do you know the bookkeeping is accurate?
For the past week, we’ve been hearing a lot about the Yahoo CEO Marissa Mayer’s policy to put an end to Yahoo employees.
One of the greatest perceived risks of virtual bookkeeping revolves around the ownership of data. Many small business.
Random acts of bad luck don’t discriminate. It’s happened time and time again, and is probably happening right this.
Being a small business owner often means being a one-man show. Some people love it this way; others would hire a legion.
What is having secure financial information worth to you? Is it worth seeking out an accounting outsourcing service.
These days, forensic accountants are hard at work unraveling the messes frequently left behind by employees with.
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