From the course: QuickBooks Online: Best Practices to Unlock Business Growth

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Delegate your bookkeeping

Delegate your bookkeeping

As the owner of a growing business, you wear many hats. You can't do everything yourself. Delegation is essential to grow your business. Bookkeeping is a role that is easy to farm out so that you can devote your limited time to other important areas. After this lesson, you'll be able to identify tasks you can delegate to your bookkeeper or controller and what rhythm will maximize the value of the service. Don't get me wrong, bookkeeping is very important. Many of my clients are CPAs who value financial information but know that their limited time is needed elsewhere. Your time savings are immense when you consider what you are doing now or what you should be doing to maintain accurate financial information. Ultimately, you will delegate the responsibility for three main categories of tasks. First, they'll help with basic bookkeeping tasks like entering all transactions into your bank register correctly from your bank accounts, credit cards and merchant service accounts and loans. they…

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