“It’s fine, I can just do it!” said every small business owner ever.
And while that’s not necessarily a bad thing, it can get out of control quickly – especially when it comes to finances. We’ll admit: powerful business management tools are fantastic for keeping things in order, but you still need the personal touch of a professional to keep your business running.
If you’ve ever wondered, “Do I need an accountant if I use QuickBooks?” then this is the blog for you. Today, we’re going to break down the difference: QuickBooks online user VS accountant.
Let’s get started!
Do I Need an Accountant If I Use QuickBooks?
Value of QuickBooks
Ah, QuickBooks… where to start? This tool is a fan favorite when it comes to keeping fiscal records and helping you manage your money. Most people swear by it, and to be honest, we think it’s pretty great too.
Here’s how you can use QuickBooks to better your business…
- Manage invoices
- Create & send billing
- Pull detailed financial reports
- Track company cashflow
- Log time & organize employee payroll
And that’s just scraping the surface. We didn’t even mention how this accounting tool is user friendly, inexpensive, and highly ranked in the accounting world. Neat, right?
That’s why most accountants won’t take issue with a small business owner using QuickBooks for their bookkeeping in Greeley.
It’s when they use QuickBooks as a substitute for an accounting service that gets tricky. After all, there are some very clear differences between a QuickBooks online user VS accountant, and we’re going to explain.
QuickBooks Online User VS Accountant
The important thing to note is that, at the end of the day, QuickBooks is a tool. It can be used effectively to gather data, organize finances, and manage records, but it can’t do what an accountant can.
What separates a QuickBooks online user VS an accountant is the strategic element of business. Sure, the tool can gather and present all the right numbers, but it’s the accountant’s job to determine the next plan of action.
A small business accountant in Greeley will take your records, business goals, and current capacity into account, and help you create a business plan to save you money and grow your company. As a bonus, they’ll help you use your tools correctly and double check that everything is in order.
Some of the best advantages to note when comparing a QuickBooks online user VS an accountant are as follows:
- Accountants will double check data & ensure business compliance all year long.
- Accountants will do more than count the numbers – they’ll provide suggestions and guidance to grow your business.
- Accountants are flexible and will work with your business & for your business with custom care.
For a small business owner in Greeley, it makes the most sense to hire an accountant to handle your finances. If they don’t use their own online tools, you can also invest in QuickBooks! Because each business is unique, the care should be as well.
If you’re looking for a Greeley accounting service in Greeley, Yeater & Associates would be happy to help. Contact us today, so we can discuss how to best improve your business!