FREQUENTLY ASKED QUESTIONS
Does Precision Books handle all of my bookkeeping?
Our bookkeeping software and expert team take care of nearly all the work, making your bookkeeping process effortless. However, there are a few details only you can provide, such as uploading specific documents or sharing contracts that help us accurately categorize transactions. Each month, we’ll check in with you as needed to confirm that your books are accurate and your deductions are fully optimized.
How long does bookkeeping take each month and when can I expect it to be completed?
Once we receive all necessary documents and information from you, your monthly bookkeeping takes us a minimum of 30 days. If you have specific timeline needs, we always try our very best to accommodate.
How does bookkeeping help my business?
Accurate bookkeeping gives you a clear picture of our finances so you can make smart decisions with confidence.
It helps you:
- Track income and expenses
- Understand your cash flow
- Prepare for tax season with no stress
- Avoid costly mistakes
- Stay organized financially as your business grows
When your books are up to date, you can focus on running your business, not worrying about numbers.
Will I loose control of my books?
Not at all. You stay fully in control of your business and financial decisions. Our role is to organize, maintain, and manage your books so they stay accurate. You'll always have access to your financial information, and you can review everything at anytime.
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What if I'm behind on my books?
Many clients are months or even years behind on their books. Getting caught up if the first step toward clean, organized finances and we are here to make the process easy for you.
We offer a catch up bookkeeping service designed specifically for business that need past months (or years) cleaned, organized, and brought up to date. We will get your books current so you can move forward with clarity and confidence.
Is it worth the money, and what do I actually get out of it?
Absolutely. Professional bookkeeping pays for itself through:
- Saved time
- Reduced stress
- Fewer errors
- Accurate records for tax season
- Better financial insight
- Peace of mind
Instead of spending hours trying to stay organized, you get clean, reliable books every month, backed by expert support. This frees you to focus on growing your business and prevents costly mistakes down the line.
What documents do you need me to provide? Will that take up a lot of time or mental energy?
We keep this process as simple and stress free as possible. Most clients only need to provide a few basic items, such as:
- Bank and credit card statements
- Receipts or invoices (if applicable)
- Access to your bookkeeping software
- Any large or unusual transactions you want noted
Once everything is set up, your involvement becomes very minimal. Most clients only spend a few minutes each month reviewing or uploading items. Our goal is to take the mental load off your plate, not add to it. We handle the details so you can stay focused on running your business.
I'm concerned about giving someone access to my accounts.
Your financial security is our top priority. We only use secure, encrypted systems and follow strict privacy standards. You stay in full control of your accounts, we simply view the information needed to keep your books accurate. Your data is always protected and confidential.
