FAQ
Bookkeepers manage the day-to-day transactions and month-end reconciliation of your financials. They keep your accounts reconciled monthly, quarterly, and/or yearly, and provide statements so you stay on top of your business's performance and cash flow.
Some bookkeepers provide additional services including Accounts Payable (paying bills), Accounts Receivable (billing and receiving payments), Payroll, and additional data analysis, reports.
Accountants tend to be more involved in tax preparation, tax filing, and compliance, financial forecasting, and business strategy.
There are a number of reasons to hire a bookkeeper. First off, few people start a new business because they want to spend lots of time recording receipts, sending out invoices, or tracking down payments from customers.
Many business owners will often either ignore their books in favor of growing and running their business, or make their financials the last thing on their to-do list.
Bookkeeping can be confusing and overwhelming too.
Bookkeepers take the monumental task of taking care of finances off your shoulders and provide you with the information you need to make smart business decisions and to spend your time and energy doing what you want to do: run and grow your business.
A: A good bookkeeper ensures that your financial records are accurate and up-to-date, but a great bookkeeper, particularly in the Home Care Industry, goes beyond basic tasks.
At Choice Home Health Bookkeeping, we understand the unique financial challenges and needs the home care industry faces.
Our exceptional services include not only meticulous record-keeping, but industry-specific analysis, and tailored advice to optimize your business operations.
By offering specialized insights and strategic support, a great bookkeeper will catch home care anomalies in the books that other bookkeepers may not notice, and help you make informed decisions that drive growth and sustainability in your home care business.
Our consultations are NOT a sales call.
We are bookkeepers, not sales people.
In order to give you an accurate idea of how much you will invest, we need to know certain key factors about your business and how it currently runs. Examples include:
1. Are you doing $50,000 in revenue or $5 million? That will drastically change the number of transactions we need to process from month to month.
2. How many offices do you run? Are we doing the books for one business or several?
3. What types of accounting software do you currently use? Will we need to learn a new bookkeeping software? Transfer your existing books into Quick Books? Find a hybrid?
4. What is your biggest concern(s) for your business? Do you worry about having enough money throughout the month? Are you unsure what your business is worth? Do you need to know if you can get a loan? Are financials a complete mystery and you someone to explain it all to you? If we know where your pressure points are, we can focus on easing that pressure for you.
5. Do your books need to be cleaned up? Some people find the financial side of a business so daunting and mystifying, or are so overwhelmed with running their business that they don't have time to get to the books, which results in falling behind in their financials. This requires a little extra time to get your books in order before we can get to the day-to-day tasks.
Depending on your need and your answers, a variety of other questions may be asked to understand the unique needs of you and your business, and you can ask any questions you may have as well.
Expect to spend about an hour in your consultation. Once we're done talking, you'll usually get a quote within 24-hours. If the hours we have listed on our site do not work for you, please reach out to us and we'll see if we can set up a time that better meets your needs.
The process is designed to be informational and low-key.
Choice Home Care Bookkeeping is in the business of improving insight into your company's financials and saving you money, not costing you more.