Business Bookkeeping

Are you struggling to keep up with your business bookkeeping? As a Fort Collins business owner, you need to focus on running your business. Juggling too many roles, including bookkeeper, can add stress and take away from your business goals. Instead, you need an experienced accountant to manage your finances. At Rodahl & Company, our trustworthy staff will help you handle your books so you can get back to the important work of running your business.

Expert Business Bookkeeping

When you started your business, it’s likely that one of your main goals was to provide a quality service to your customers. Many people start their own business after several years of experience in their field. They know the industry but want to do things a little differently. If this description fits you, let us help you make that a reality.

Finances are an important element of every business. However, that doesn’t mean you have to spend all your time stressing over them. Instead, outsourcing your business bookkeeping ensures that your finances are always in order. Many locally-owned businesses consist of a small team. Outsourcing your finances is a great idea, especially for smaller businesses. Instead of hiring, training, managing, and paying an additional employee, you can trust the experienced accountants at Rodahl & Company.

Our bookkeeping services can be as basic as simply handling the general ledger and tax preparation. This is a great option as long as you or one of your employees has experience doing payroll. For example, a family-run business might include someone who has prepared payroll before. If your company keeps you constantly busy and you don’t have a finance expert on staff, we recommend taking advantage of our complete services. Not only will your reliable Rodahl & Company CPA take care of the general ledger and tax preparation, but they will also manage payroll and accounts payable. If you need the peace of mind that your books are accurate but don’t have the time to do it yourself, trust our accountants. When you work with Rodahl & Company, you have access to our cloud-based system. That means that you can see your business’s finances in real time – at any time.

Benefits of outsourcing your business bookkeeping

If you’re just now looking into outsourcing your business bookkeeping, there’s a plethora of reasons why you should consider making the move to outsourcing. Keep reading for the top benefits associated with outsourcing your business bookkeeping.

1. Saves you money

   If you’re thinking about outsourcing your Fort Collins business bookkeeping, one of the best reasons is the potential money that you’ll save doing so. Most small businesses can’t afford to take the hit of paying a full-time or part-time bookkeeper, but when you outsource, you only pay for the accounting services that you need. Instead of allocating the money to an employee that you may only need a fraction of the time, you can adjust your efforts elsewhere instead.

2. Saves time and reduces paperwork

   Another benefit of outsourcing your business bookkeeping is all the time and effort that you will save that can be spent on other parts of your business. Managing and reconciling records can take up a lot of your day, in addition to all the paperwork that comes with it. By outsourcing, you will have more time to focus on what really matters, like improving customer service and overall operations.

3. Reduces errors

   If you are new to running a business and haven’t previously dabbled in business bookkeeping, it can be easy to make a mistake. Luckily, when you outsource your bookkeeping, you can ensure that all your records are error-free since many bookkeepers use automated software to make sure that your documentation stays error-free. An error can have a big negative impact on your business, so it’s best to avoid making them the first time around when you hire a professional.

4. Gives you knowledge to remove unneeded services

   At different stages in your company’s lifecycle, you will need different services. However, you may not always need every service at any given point. When you outsource your business bookkeeping, it makes it easier to determine whether or not certain services are needed or not within your business. As your company expands, you can remove or add services again as you see fit.

5. Get a more detailed financial report out

   One of the best benefits of hiring a bookkeeper for your business is the detailed and easy-to-read records that you receive from them. Most bookkeepers provide balance sheets, cash flow, and incurred profits and losses that you can review whenever you need to. In addition, this information can be easily shared with any of your stakeholders, employees, or advisors that may need this reporting as well.

6. Reduce the stress of an audit

   If you’re a small business owner, you probably dread the word audit. While an audit can happen to a business of any size, knowing that your books are all up-to-date can help you reduce stress when and if an audit should arise. A good outsourced bookkeeping service will properly document everything so that if an audit happens, you can move through the process more easily.

7. Get financial advice in real-time

   If you’re waiting until tax season to dive into your financials, you’re most likely not going to be able to make the pivots you need to maximize the effectiveness of your business. But when you outsource, you’ll be able to view your bookkeeping in a timely manner so managing the day-to-day decisions will become much simpler. By the time tax season rolls around, you’ll not only be ready for it but also have had the opportunity to make any necessary pivots that may have come up throughout the year. If you have any doubts about your ability to make the best decisions for your business, hire a professional.

Trustworthy Bookkeeping for Business

Make sure you can devote your full attention to your business. By outsourcing your bookkeeping, you can focus on your original business objectives. Our reliable business bookkeeping services ensure that you have an accurate book at all times. Give us a call today to learn more about how we can serve you.

Our Rodahl & Company Certified Public Accountants Fort Collins office is conveniently located on Timberline, just north of Horsetooth Road. We have spent the last 22 years providing bookkeeping, accounting and tax preparation to clients throughout Northern Colorado. Call us to schedule your appointment: 970-207-0747.

Still need more convincing to work with us? Check out this 5-star review from our recent customer, G Schrawyer.

“Rodahl and Company is great CPA firm to work with. They are professional as well as personable. Very knowledgeable, reliable and trustworthy! I am very thankful for all they do."