For small business owners, staying on top of bookkeeping isn’t just about fulfilling tax obligations—it’s about gaining a clear understanding of income and expenses, a crucial aspect of financial management. So, how do we navigate this essential task efficiently?

I rely on QuickBooks for its user-friendly interface and universal recognition among CPAs. However, embracing new technology can be intimidating, especially for those averse to online tutorials. Personally, I prefer hands-on guidance over YouTube tutorials. That’s why I opted to hire a CPA to teach me QuickBooks.

When I relocated to Alexandria, I didn’t have a local CPA yet. So, I turned to Google, found a reputable CPA, and scheduled a session at her hourly rate. Armed with a few months’ worth of bank and credit card statements, we embarked on setting up my accounts using my actual financial data.

This personalized approach was invaluable. Not only did it ensure that my bookkeeping system was tailored to my business needs, but it also provided an opportunity to ask questions and gain a deeper understanding of the processes involved. Having a professional guide me through the setup instilled confidence and reassurance that I was on the right track.

While the upfront cost may seem daunting, the peace of mind gained from knowing that this critical aspect of my business is set up correctly is priceless. Investing in professional assistance early on can prevent costly errors down the road and streamline financial management processes.