Remove Billing Remove Business Bookkeeping Remove Virtual Bookkeeping
article thumbnail

5 Reasons why every bookkeeper should stop charging by the hour

5 Minute Bookkeeping

When it comes to pricing their services, most new bookkeepers start off with charging their clients by the hour. I certainly did that in the early days of my bookkeeping business too. Reason #3: Billing by the hour doesn’t communicate value. Reason #4: Hourly billing penalizes you for working more efficiently.

article thumbnail

How to Avoid the Pitfalls of Messy Bookkeeping

Stephanie Peterson

Accounts Payable: Recurring monthly bills and payments such as car insurance and loan payments should be entered into the books. Verify that any outstanding vendor bills and statements are aligned with the Balance Sheet and Accounts Payable. Accounting & Bookkeeping Services by Superior Virtual Bookkeeping LLC

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The biggest pricing mistakes I have made in my bookkeeping business

5 Minute Bookkeeping

It was certainly one of the areas that I struggled with the most while growing my virtual bookkeeping business. Keep reading or click on the video linked below and I’ll share the biggest pricing mistakes that I have made in my bookkeeping business, and the very valuable lessons that I have learned.

article thumbnail

For Dothan, Ala., company, move to the cloud “a no-brainer”

Remote Quality Bookkeeping

Each Wednesday, Smitherman is delivered a complete, refreshed look at her company’s financial picture, allowing her to pay bills and distribute payroll. If you own a small business and are wondering if cloud accounting and bookkeeping is the right answer for you, please see our small business bookkeeping services page.

article thumbnail

ChatGPT for bookkeepers how to become a marketing machine in 3 steps

5 Minute Bookkeeping

We might ask for “20 company name suggestions for Danielle’s business.” If none of the options fit the bill, we can refine our request by specifying the preferences of Danielle’s ideal clients , by saying “Danielle’s ideal clients are marketing agencies.” Next, we can request taglines.

article thumbnail

Why Do Entrepreneurs Need Accounting Services?

Remote Quality Bookkeeping

Ask any successful entrepreneur what the most challenging part of running a business is, and they will more than likely mention accounting as one of their biggest challenges. Business bookkeeping is much more complicated than simply balancing the checkbook each month and paying the bills on time.

article thumbnail

For Dothan, Ala., company, move to the cloud “a no-brainer”

Remote Quality Bookkeeping

Each Wednesday, Smitherman is delivered a complete, refreshed look at her company’s financial picture, allowing her to pay bills and distribute payroll. If you own a small business and are wondering if cloud accounting and bookkeeping is the right answer for you, please see our small business bookkeeping services page.