Accounting & Bookkeeping & Small Business Forum

Guest · Posted: Sun Nov 09, 2003 9:49 am Post subject: Bookkeeping and the internet

I'm just trying to get a big picture of internet clients using my services. Most clients already have an accounting software. Why do they need me if they are already entering their own transaction? I can understand them needing someone to do their end of the month adjustments and end of the year closings, but is that all I can offer as far as bookkeeping procedures? Is there something else I am suppose to offer?

Carolyn

Guest · Posted: Fri Mar 19, 2004 10:33 pm Post subject: RE: Bookkeeping and the internet

A recent survey performed for NEBS of small business accounting practices pointed out that over 50% of businesses still do not have an accounting system in place. Of those that do, I can tell you from past experience, most are using them poorly, if at all. There's plenty of opportunity for an eager freelancer.

Guest · Posted: Tue Jun 22, 2004 6:14 am Post subject: RE: Bookkeeping and the internet

Carolyn

I think the future is in anytime antwhere access to company accounts & it is a secure Internet which enables that.

So, ASP based accounting, is the future & it is very secure as well.

There is a convergence of technology & connectivity & now there is a third dimensions - Human Capital. Cross border accountants, trained in small business accounting are ready to work for a bookkeeping firm remotely. With an agreed service delivery standard, it becomes a compelling offer for accounting firms, struggling with people related issues & low efficiency levels.

I perceive that the future is for bookkeeping firms/ freelancers to spend more time on customer acquisition & retension & value services, while actually getting the job executed with very less supervision, remotely - faster, better, cheaper. That's what most businesses want - anyway.

Best of luck for your online model.

Regards,

Atul

91 9820240455

Guest · Posted: Wed Feb 23, 2005 11:30 am Post subject: RE: Bookkeeping and the internet

I can put gas in my car - therefore I never need the services of a mechanic, right?
Obviously, everyone knows this is not the case. I can put gas in my car, I can add oil, and I can rotate my tires. However, most everything else that happens under the hood is a mystery to me. If something goes wrong with the alternator, none of those things I am able to do will fix that problem. So, my mechanic, Buck, gets to fix my car for me and charge me for his services.
The analogy is the same for you. Many of your clients can create invoices for customers, pay their bills, and enter deposits into the program. So what happens when something goes wrong, and their business needs repair. Will their knowledge of data entry assist them in solving the problem?
One service you should be providing is to analyze what the numbers mean (in other words, to "look under their hood") and help them to "get back on the road", and heading the right direction. And if the analysis you provide allows them to increase their bottom line, then your charges are definitely justified.