Why should I choose MOYB over other bookkeeping services?
MOYB specializes in working with small, service-based businesses and is uniquely tuned into the needs and challenges of small business owners. Julie brings a non-judgmental, personal, and light-hearted approach to the otherwise dreaded task of bookkeeping turning it into a tolerable and, ultimately, rewarding experience.
What are the advantages of tracking my finances in QuickBooks?
There are two main reasons for managing your finances in QuickBooks (QB). First, and most importantly, it allows you track your business or personal finances so that you can look at the net profit, or bottom line, at any given point. From there, you can make decisions about how to better manage your income and expenses.
The second reason is so that, at year-end, you are already prepared to give your accountant the information he or she needs to prepare your business or personal tax return. With MOYB, you can say goodbye to daunting year-end piles of receipts, cumbersome spreadsheets, and lengthy tax organizers. You will also be rewarded with lower accountant fees since you will be delivering your financial information in a more concise and organized manner.
How do I choose between being trained in QB or outsourcing the bookkeeping to a service such as MOYB?
If you want spend more time growing your business by focusing on the tasks at which you excel, then outsourcing your bookkeeping is definitely a wise way to go.
If, on the other hand, you want to save money, then learning how to use QB may be a better choice. However, given that QB is a somewhat complex program that requires a basic knowledge of bookkeeping, not everyone is suited to that kind of work.
How much time does it take to get set-up and maintain my books annually?
The time required varies depending on the complexity of your business and the number of accounts and transactions that need to be tracked. Julie can provide a better estimate of the time involved after discussing the specific details of your business and your bookkeeping needs with you.
How much will it cost?
MOYB charges $75 per hour with a 4-hour initial commitment. The amount of time needed to fully train a client or to maintain their books on an ongoing basis varies depending on a client’s needs and goals. MOYB offers a complimentary ½ hour phone consultation to determine the scope of work and the potential costs involved.
Do you come to my house or office or do you do my bookkeeping remotely?
During the set-up and/or training process, the work is collaborative and is generally performed in a client’s home or office. After the initial period, the work can be performed either on site or remotely depending on the needs and preferences of the client.
With what kinds of businesses does MOYB work?
MOYB works exclusively in QB and primarily with small, service-based businesses, independent contractors, and individuals. MOYB does not provide payroll services but will integrate information from outside payroll services into QB. MOYB does not work with retail businesses or businesses involving inventory tracking.