Jay...
Both Gail and I are working 12 to 14 hour days between the design bench, the
production bench, the day to day paperwork, purchasing...
Something had to be offloaded and the easiest thing to offload was the
accounting part. No, I don't need any monthly taxes, but it would be nice to
catch any errors in procedure prior to the year end stuff.
It's just like your hotel. At SOME point you are going to be successful enough
that both of you can't do the front office stuff, the promo stuff, the supplies
ordering, making beds, fixing plumbing, painting, and all the other day in and
day out tasks without severe lack of sleep or sanity. You have to offload
SOMETHING, and it will probably be the maid service, or the plumbing, or
something that is in fairly high supply and isn't vital to your core mission of
RUNNING the hotel, not fixing dripping faucets.
Capiche?
Jim
"Jay Honeck"
shared these priceless pearls of wisdom:
- We don't need a CPA necessarily, nor any investment advice. What we need
-to do
- is to be able to send our bank statement every month along with the
-Quickbooks
- data and at the end of the fiscal year get the tax forms (Fed and
-California)
-
-Jim, if you're already using Quickbooks, the ONLY thing you need an
-accountant for is the year-end stuff.
-
-Monthly taxes (all flavors) are a breeze using QB.
Jim Weir (A&P/IA, CFI, & other good alphabet soup)
VP Eng RST Pres. Cyberchapter EAA Tech. Counselor
http://www.rst-engr.com