You’re busy. You’ve got a business to run, meetings to attend, and deadlines to meet. The last thing you want to worry about is your bookkeeping. So, you hire a bookkeeper. But then you start thinking, “My spouse is pretty good with numbers. Maybe I should just have them do it.” After all, it would save you the money you would otherwise spend on hiring someone. Right?
Wrong. Here’s why your spouse isn’t necessarily the best person to do your bookkeeping—no matter how good they are with numbers.
1. They May Not Have the Time
Even if your spouse is good with numbers, they may not have the time to actually sit down and do your bookkeeping. Remember, you’re not the only one with a lot on their plate. If they’re working full-time or taking care of the kids, they may not have the bandwidth to add another task—especially one as time-consuming as bookkeeping—to their plate.
2. They Might Not be Familiar with All the Software Options
Remember that software updates every year or so—and sometimes multiple times per year. That means there’s always a learning curve as you (or your bookkeeper) adjust to how things work in the new software. If your spouse isn’t familiar with all the software options out there, they might not be able to keep up with the changes—which could cost you money in missed deductions or incorrect categorization of expenses.
3. They May Not Have Professional Experience
Even if your spouse is good with numbers and has experience keeping track of their own finances, that doesn’t mean they have professional experience performing bookkeeping tasks for a business. They may not know about some of the unique challenges businesses face when it comes to managing their finances—challenges that a professional bookkeeper will be well-versed in handling.
4. It Could Create tension in Your Relationship
Money is one of the top sources of stress in relationships—and for good reason. When money is tight, tempers can flare and couples can start arguing about things that wouldn’t normally be an issue. If you’re already dealing with financial stress in your relationship, adding bookkeeping into the mix could make things worse instead of better.
Outsourcing your bookkeeping to your accountants is always the best decision you can make for your business. They have the time, experience, and expertise to handle your finances—and they won’t put additional strain on your relationship. Win-win!
If you’re looking for a qualified bookkeeper in Auckland contact us today. We’d be happy to help you get started. Book a call at a time that’s convenient for you below!
What do you think? Are you going to outsource your bookkeeping or try doing it yourself?
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