LICENSED CPA FIRM | TRUSTED ACCOUNTING PROFESSIONALS
Building a solid bookkeeping and accounting function for any business is necessary foundation to ensuring efficiency and avoiding costly business and financial mistakes. Simply put, every business needs a bookkeeping function. The importance of timely and reliable, and relevant data is the lifeblood on any organization. Neglecting this important function or hiring unqualified bookkeepers can be a costly mistake. Whether it be in increased tax preparation costs, since your books aren’t properly kept in accordance with GAAP (Generally Accepted Accounting Principles), or in your business decisions, as you do not have timely and relevant data to rely upon. Bookkeeping is just a small part of accounting in general, but it is a needed place to start, especially for small business owners who desire business success and growth. Bookkeeping is crucial to both small and big businesses alike, as increased compliance requirements by governmental entities and they need to comply with loan underwriting or covenants exists for every business.