By Optimum Accounting
Accountants don’t like shoeboxes full of records any more than you do. Nor do they enjoy trying to unravel the financial records of someone who “thinks they know how” to be a bookkeeper. As a result, DIY’ers end up paying an awful lot of money to the accountant who has to figure it out.
Sometimes they’ll hire a bookkeeper to sort it all out and charge you an accountant’s hourly rate! So now the business owner spent their personal time trying to get it done and has to additionally pay to get it redone. Ouch! It reminds me of the old saying, “If you haven’t got time to do it right, where will you find the time to do it twice?” Substitute the word “time” for the word “money.”
