Business owners and professionals are discovering that outsourcing bookkeeping and accounting functions saves payroll, overhead cost and it is a giant step in freeing up valuable time. For many owners just the effort of hiring, training and managing a bookkeeper or accountant can take as much as 5 hours a week and if you're doing the books yourself the numbers are even greater. As a business owner your time is best spent doing what you do best - working with customers.

There is a common misconception that an owner will lose control if they outsource the bookkeeping and accounting functions. In a properly designed system, the bookkeeper/accountant will only take over the process of tracking transactions such as sales, accounts payable and balancing the books. The business owner makes all the management decisions. The owner has the final word on who gets paid and when.

A generally accepted rule in business is to focus resources on tasks that add value to the customer relationship. Time spent on bookkeeping and accounting problems add little or no value to your customer relationship. Yet, accounting records that are inaccurate or do not reflect the true health of your business provide no assistance to managing your business. Being unaware at any level about where you are making money or who is a good customer is not being in control. Cash flow is never a problem in business but it is a symptom of other greater issues. An outsourced bookkeeper/accountant can provide the answers needed for you to end up with more control of your business.

By outsourcing you solve this problem. Good bookkeepers and accountants with knowledge of accounting software are hard to hire, expensive to keep and in some cases difficult to manage. Because of new technology advances you now have the same alternative as Fortune 500 firms. Thirty-five percent of America's largest businesses outsource their bookkeeping and accounting functions.