A Three-Pronged Approach: The Power of a Client-CPA-Bookkeeping Team

A Three-Pronged Approach: The Power of a Client-CPA-Bookkeeping Team

Posted on February 19, 2019 by

Many people think that a CPA and a bookkeeper are one in the same, but they actually have very different roles.

While the CPA offers tax planning and advisory services, the bookkeeper crunches the day-to-day numbers, prepares forecasts and tax filings, and turns the clients’ data, or key performance indicators, into actionable results to drive business growth.

When you combine the CPA and bookkeeper – and add in the client – you get a powerful result that can unlock your untapped potential and turn it into a big success. Here are some of the best benefits that come out of this relationship.

The Trust Factor

Being able to trust others is so important when it comes to your sensitive data and your business. By nature, a CPA and a bookkeeper must be trustworthy. When you know you can trust both – and then bring them together knowing they have your best interests at heart – it’s a tremendous feeling.

The CPA and bookkeeper have different roles, but when working in tandem, they provide accountability that limits mistakes and saves time. They can check each other’s work, look for mistakes (no one is perfect!), collaborate and plan. For example, after the CPA determines your safe harbor tax payments, the bookkeeper makes sure that those payments happen consistently. From there, the bookkeeper can build the numbers and spot any red flags that stand out.

The Dream Team

Simply put, two forces are better than one. When you take the knowledge and expertise of a strong CPA and bookkeeper, and combine those forces, it’s a powerful thing. With your financials, there is a lot of crossover that both parties are already working on; getting them on the same page is key to your long-term growth.

Creating this open line of communication between your CPA and bookkeeper enables you to get the most value and best results for your business. In turn, the two can keep you apprised of all decisions and strategies, while giving you the peace of mind that they are coming up with great solutions and not taking up too much of your time.

Improved Turnaround Times and Less Stress

By bringing the bookkeeper and the CPA together, you create a shared workload and avoid bottlenecks, especially during tax season. In turn, you will be happier and more productive.

For your CPA, tax season is stressful enough when clients come to them with incomplete or inaccurate books – which is only natural! But, by involving a bookkeeper like Sound Business Services (SBS), the CPA’s stress will be alleviated knowing that the bookkeeper works with their clients ahead of time to get everything cleaned up and caught up before they handle your taxes.

Help Us Help You

At SBS, we recently started a campaign to partner with more CPAs to bring you the best of both worlds, and ultimately, be more productive and happier in business and in life.

We would love to start this discussion with you and your CPA to pursue this opportunity for growth. If you are ready to start, or have any questions, don’t hesitate to reach out today. We would love to hear from you and deliver you the powerful solution that this three-pronged approach brings.

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