Simply Virtual Bookkeeping

We offer an array of bookkeeping services for your small business, whether you are a start up or have been in business for many years, we want to help you maintain a simple system of accounting for your financial picture at all times.

Call today for a FREE consultation at 404-379-1593.

Services can be purchased a la carte based on your specific needs:

Bookkeeping to include classifying all transactions for you
Account and Bank Reconciliation
Financial Statements (choose monthly, quarterly, yearly)
Payroll Services (lite or full services)
1099 and W2 filing
Sales tax reports and filing
Quarterly tax filing
Accounts Payable
Accounts Receivable
Budgeting and Forecasting
Clean up of past bookkeeping
Historical entry (getting caught up) and reconciliations
Quickbooks Online Subscription
Receipt collection and storage via cloud based Receipt Bank
Coordination with your CPA for taxes

Why you should hire a bookkeeper

Your bookkeeper is more than a cost center. To think of your bookkeeper as straight overhead grossly underestimates your bookkeeper’s value.

The truth is financial officer’s pay can be returned with interest in a very short period of time.

A good bookkeeper will analyze your income and expenses for ways to grow sales and minimize costs.

You will know if you are on track to meet your business goals or fall short of projections in one meeting.

The meeting with your bookkeeper is not like any other. At the end, you will know your business from a financial perspective.You will know if the direction your business is heading in is sustainable, profitable and worth the considerable effort it took to get here.

Let’s examine the value your bookkeeper brings to your small business:

You will know if your business is making or losing money.
Your expenses can be analyzed to see if you are overpaying in any one category.
Profit margins will tell you if you are charging enough for your goods or services.
Savings goals and rainy day fund levels can be reviewed to see if they are sufficient.
True cost centers can be reduced by first realizing the problem. Joining business groups can lower premiums for workers compensation etc.
Employee turnover can be calculated to see if better choices need to make in hiring better candidates.
Lost productivity can be quantified. Lost time with excessive breaks or employee morale will be apparent on the profit and loss reports.
Failing to pay taxes or insurance will be obvious in the omission from the profit and loss reports. At this time your bookkeeper should alert you to send it in.
Estimated taxes can be discussed so penalties and interest are avoided.

Your bookkeeper is the closest one to your numbers in your company. They can bring your numbers to life and show you step by step how your company is doing.

At the end of each meeting, you should have a comprehensive understanding of :

Actual sales vs sales goals.
Your true costs and break even points.
How efficient your team is.
How many customers stop doing business with you.
Your companies ability to remain in business if there is a downturn in revenue.
How much money you have in the bank.
How much you owe vendors, lenders, and other creditors.
How much money is withdrawn through distributions
How long it takes your customers to pay.
Which customers require collection activity.
If your advertising is cost effective in relation to the sales it is generating.
Your forecasting and budgeting tools are working.

And is it worth it! Are the long hours paying off?

Never go it alone. Always hire a professional bookkeeper to guide your decisions:

Your bookkeeper should be an asset to you every step of the way. Each day you should ask them key questions so your time can be better spent enjoying the fruits of your labor and not on the treadmill burning energy and getting nowhere.
The truth is your company cannot grow when costs are not managed, or sales are declining with less profitable jobs. Slow paying customers can adversely affect cash flow. Slow paying vendors can impact your credit score and result in higher interest and fees.
Turning your company around requires a highly detailed and skilled bookkeeper who will enter your data into the accounting software. That person must be a great communicator who can educate and inform you on where your business is and what it will take to meet your sales targets.
Sales alone is not enough to sustain growth. Your team has to deliver the goods and services to your customers at the highest levels of customer service that is possible. This step requires the right employees who care about your business as much as you do. Your numbers will tell you if you are retaining your customers and employees.

As a professional bookkeeper with Simply Virtual Bookkeeping, I can tell you first hand the above-mentioned points are the difference between a good business or a great business and success and failure.

Keep striving for success. Always have a positive attitude.

Proceed with a complete understanding of your numbers.
Never become discouraged.
Use the knowledge you have learned to grow your business and relax.

Take back your company. Hire a great bookkeeper today!

Call Maribeth today for a free consultation at 404-379-1593.

Simply Virtual Bookkeeping

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