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The Benefits of Bookkeeping Services and QuickBooks Training in Dallas

Bookkeeping services are common in Dallas because businesses have expanded a lot lately, especially in the areas of Texas and they all need someone to take care of the financial records and maintain them. As a bonus, many bookkeepers have deepened their knowledge with the QuickBooks training from Dallas that helps them improve their skills and do their job even more effectively than before. Therefore, if you own a business and need some help with the finances, do not hesitate to collaborate with a bookkeeping agency. But first, find out everything you need to know about bookkeepers and QuickBooks certifications. 

How Could Bookkeeping Services Help Your Business?

Owning a business in Dallas (and not only here) might be hard sometimes, you have to take care of a lot of things all at the same time, but finances should not be one of them because bookkeeping services all around Dallas exist and represent the ideal solution. A bookkeeper is a licensed professional who can keep your financial records correctly while also avoiding any type of risks. The services offered by a bookkeeping agency might vary depending on your needs as well but mainly they have a few standard services:

  1. Prepare business (and personal) taxes where the bookkeepers prepare the financial documents for the CPA or the accountant to file them because they personally can not file taxes. They also generate other financial reports for tax purposes such as income statements, cash flow statements, balance sheets, assets and expenses. 
  2. Keep financial records electronically and manually for a company. Many agencies use bookkeeping software where they automatically input all the financial data in a database that generates financial records (such as debts or invoices).
  3. Prepare bills, utilities, payrolls. One of the bookkeepers' duties is to manage the money that the company owes to suppliers and vendors and prepare employee payroll. When managing the company’s money, the bookkeepers ensure the bills are posted in the expenses correctly and also paid on time. Basically, they ensure payouts, timecards and wages are accurate. 

These are some of their standard services, but usually they take care of everything that has to do with money and the financial health of a company. Thus, hiring a bookkeeper might help you even more than you thought with your business in Dallas, Texas or anywhere in the world. 

The Importance of a Bookkeeper 

It is more beneficial to hire a bookkeeper than to spend extra time and money on maintaining proper records. A bookkeeper is able to give companies a reliable option when talking about the financial part of a company because they can provide the help needed to meet certain income goals. 

CFI also mentions ‘Many small companies don’t actually hire full-time accountants to work for them because of the cost. Instead, small companies generally hire a bookkeeper or outsource the job to a professional firm. One important thing to note here is that many people who intend to start a new business sometimes overlook the importance of matters such as keeping records of every penny spent.

What Is QuickBooks Training Good For?

To understand the concept of a QuickBooks training better, first you have to know exactly what it is and how it works. Therefore, Wise has a short and clear definition for this program ‘QuickBooks is an accounting software package created by Intuit, which offers solutions for managing personal, business, and tax finances. It is available as a desktop software for Windows, with several editions. You can also choose the Mac, or Online version. Businesses can use QuickBooks to automate processes such as invoicing, payments, accounting, and more. These features make it easier to manage and track business finances.

It usually works with a monthly or annual plan and once you choose to sign up, you can use any type of features that fits the type of business you own. This program is used mostly for freelancers or small to medium- sized business owners. But to use it you have to know how to operate it. If you are from Dallas, or around this region, there is the possibility to take some QuickBooks training sessions in Dallas to see how everything works and learn how to use it properly. 

Here is a list of features you can use when using QuickBooks:

  • Multicurrency accounts
  • Accounting
  • Payroll
  • Payments
  • Invoicing 

Prices for a QuickBooks Plan

There are a lot of different plans on QuickBooks that can vary in price depending on the business’ need. But at first, to accommodate, there is a 30-day trial that you can use before paying. The plans can start from $15 per month and go all the way up to $180 per month. The most affordable option ($15 per month) is the plan for self-employment and it only has four features. The one that costs $180 per month is an advanced plan for small businesses and it includes all features available that can help you keep the financial records of your business. But there are all types of plans that can fit your needs.

For example, if you just started a business in Dallas you can choose the ‘simple start’ for small businesses that will cost you $25 per month. This way you can accommodate to the program and upgrade it after you know what features exactly you need. 

Conclusion

In conclusion, owning a business is not easy and just a source of income, it is something you need to take a lot of care of and have everything in control to avoid the risks. To make your work easier you can choose to hire a bookkeeper that can deal with the financial part or you can start your journey with QuickBooks training and learn how the program works. Or you can combine these two options and hire a bookkeeper that has a QuickBooks certificate, this way you do not have to worry about the financial part anymore and can pay attention to other aspects of your business. 

Publication: 18 March 10:53

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