The first step to getting your books up to date is hiring an experienced bookkeeper or bookkeeping firm to clean up, set up or take over your QuickBooks. Once your books are caught up, keep them current every month and review your numbers with your bookkeeper. The longer you wait, the harder and more expensive it is to catch up.
If your books keep sliding to the bottom of the list, you’re not alone. Here’s why it happens, and how to break the cycle.
Why owners put off their books
Kerry hears the same reasons again and again from home service owners:
- Fear of hiring the wrong bookkeeper. It’s a valid worry. After 12 years in business, Abacus has cleaned up plenty of books from bookkeepers who made mistakes.
- It’s never the priority. You’re busy with crews, sales, marketing and customers, and there’s money in the bank, so things seem fine.
- You’re not an accounting expert. And you shouldn’t have to be. You’re a business owner.<
