Frequently Asked Questions - Bookkeeping

Some of our most frequent questions and answers.

Bookkeeping FAQs

Why Is it Important to Find an Outsourced Small Business Bookkeeper Near You?

Bookkeepers near you are a great way to stay in touch with your bookkeeping company. Many businesses in the Pittsburgh metropolitan and Ohio Valley area know hiring a professional bookkeeping company to manage your daily financial transactions enables you to make smart financial decisions. No matter what type of business you operate, or if it's a small, medium, or corporate business, bookkeeping services are essential for smooth operation. Your outsourced bookkeeper will give you details regarding profits, which have a direct impact on the number of employees you hire, the hours your business operates, expansion plans, and more.

What are the advantages of hiring a bookkeeper near you? Do they really have to be local?

Hiring an outsourced bookkeeper brings many advantages to your business. The best small business bookkeepers can provide you with their service virtually, as well as provide "on site" options for your business. Outsourced bookkeepers should also be able to work with softwares like Quickbooks, Wave, or other bookkeeping softwares your business may be using. Depending on your industry, the best outsourced bookkeeping companies should also be able to adapt to your needs. So when looking for "bookkeepers near me" remember that many great firms have the ability to work remotely.

What benefits can I expect when hiring a bookkeeper near me?

If you're looking for an outsourced bookkeeper or bookkeeping company and are curious about the benefits it will provide your company, check out this blog post we wrote detailing the "7 Benefits of Hiring an Outsourced Bookkeeping Company." Remember if you're looking for a "Bookkeeper Near Me," you will likely find a reputable company who can work remotely and on-site such as True North; we provide a team of 25 dedicated small business bookkeepers serving the Pittsburgh metropolitan area as well as the Ohio Valley.

How to Find the Best Outsourced Bookkeeper and Accounting Service Provider Near Me:

The best outsourced bookkeeper and accounting company near you will provide decades of experience, and will already have developed systems and processes for various industries and businesses. This framework can then be tailored to fit each client's business depending on specific needs. True North has been in business for 10 years and has accumulated robust expertise and knowledge of various software systems such as QuickBooks, FreshBooks, Pabbly, Wave, Sage, Xero, etc.. This allows us to provide consistent results to our outsourced bookkeeping clients.

Why Should I Hire An Outsourced Bookkeeper?

Keeping accurate books should be a top priority for any business, and by hiring True North as your bookkeepers, either virtually or on site, you can skip common errors another bookkeeper might make including:

Wrongly classified expenses
Incorrect balance sheets
Failure to save/transcribe receipts
Not recording transactions from a prior period
Recording transactions in the wrong period
Missing an expense or transaction entirely

These are all mistakes an unexperienced bookkeeper will make. Not only do you risk mistakes when hiring an inexperienced bookkeeper, but if you bring them in-house you also have to pay your bookkeeper as an employee. This means payroll taxes, vacation pay, training, and benefits. A remote (outsourced) bookkeeping company is not considered an employee, which means you'll save big on taxes and employment costs. You also don't have to train your bookkeeper, or deal with turnover.

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What kind of business bookkeeping services do we offer?

After the Fact Bookkeeping Services

These are bookkeeping services performed after the month has ended. This is typically for businesses who haven't done their bookkeeping in a while and need to organize their finances. Outsourcing your bookkeeping to True North allows you to focus on running your business, while we work on recording business functions that occurred within a schedule. Get flexible services with costs that increase or decrease depending on your needs.

Full Service Bookkeeping

These service are typically performed on a weekly or daily basis. True North works with you to run payroll, manage AR/AP, bill scheduling, and more.

How do Bookkeeping Services work?

We provide business bookkeeping services in a few ways: Cloud hosted platform, Quickbooks Online, or On-Site.

Our flexible service options enable you to get the bookkeeping solutions you need in a way that's convenient for you. We can perform our services daily, weekly, monthly, quarterly, or annually. We submit our bookkeeping documents (reports outlining with bills, checks, etc.) a day before the due date. We will also perform any banking activity, payroll, bills, AR/AP, or reconciliation necessary during that time. We can access your necessary documents online or in person.

How do you provide us with your bookkeeping information?

You can send us your information via Dropbox, Google Drive, email, through the post... Whichever is easiest for you!

What if I need additional services outside of the schedule?

We can provide piece-work services as required.

Do bookkeepers do taxes too?

Our bookkeepers don't give tax advice, however we do have an in house CPA who can assist you with your taxes.

Will you work with my business's CPA?

Yes, we work with CPA's across the US.

What types of payment do you accept?

Credit, Debit, ACH, Checks, Cash

When are payments for my bookkeeping services due?

If you're on a subscription basis, the first half of the payment is due on the 1st, and the remaining payment on the 15th. If it's a one off project, we typically charge on an hourly basis.

Why is Business Bookkeeping Important?

In another article, we've broken down why outsourced bookkeeping is important for Pittsburgh and Ohio Valley businesses who want to grow their profits, cut costs, and stay ready for tax season. Click Here to Read "Why is Business Bookkeeping Important?)