Keeping Your Books in Balance

Bookkeeping involves recording daily financial transactions, maintaining ledgers, and organizing financial data. Accounting takes this data and uses it for analysis, tax preparation, and financial planning. Here at Ledger & Loom Company, we handle both allowing small business owners to focus on growing their business. 

At Ledger & Loom Company, we believe that just because you can do your own bookkeeping doesn’t mean you should. As your small business grows, managing your finances alone becomes more than a task—it becomes a risk. 

You should consider hiring a professional bookkeeper if:

1. Your books are constantly behind.
2. You need financial advice to scale your business.
3. You mix personal and business expenses.
4. You do not understand financial statements related to your business and its overhead.
5. Your business is growing and things are becoming complicated or technical. 
6. You are spending more than 5 hours a week sorting and organizing your records. 
7. Tax season has become a hassle, or you avoid your CPA.

While QuickBooks is a highly recommended accounting software, it is not always the absolute best solution for every single company. Here at Ledger & Loom Company, we work with various software including NetSuite, Xero, Sage, and many more. We can assist you in choosing the best solution for your small business needs. 

Whether you're a few months or several years behind, we will organize your records, reconcile accounts, and get you back on track. No judgment—just solutions.