April is often known for two things: spring showers and taxes. It’s also the time that many business owners begin to examine their financial books to determine where they can make some changes. For this, they can turn to By the Books. This virtual accounting service led by owners Sara and Scott Wolfe, is available for all kinds of bookkeeping needs. Their goal is to help business owners invest in their businesses.
By the Books began in 2011 because of Sara’s passion for bookkeeping. She also earned her master's in education to help business owners thrive in their industry and encourage them to work on continuing education. The By the Books team provides “everything short of end-of-year taxes,” including monthly data entry, sales tax, payroll, accounts receivable and accounts payable, financial reporting, and more. They exist for business owners without or needing a full-time, in-house accountant.
Whether you are a non-profit, a church, or a small business, all of these services are essential. It’s easy to believe that if you have a CPA, you don’t need a bookkeeper, and vice versa, but Sara said that is far from the truth. The reality is, that you need both to make the most well-informed decisions for you and your business.
According to Sara, a CPA will provide a big-picture view of your business whereas a bookkeeper will be much more detail-oriented. The two combined can help you make successful decisions that allow you to invest in your business today and tomorrow.
What Sara strives to push more than anything is financial analysis. This is more than just reading numbers; it’s a process that helps clients understand where they are and how they can get to where they want to be. Sara explained that with financial analysis, businesses can understand how to plan for future profitability, growth, and scalability.
“We want to analyze today’s numbers to make a plan to be more efficient, more cost-effective, and to provide budgeting and financial forecasting,” Sarah said of how she helps businesses invest in themselves.
For more about By the Books, visit their website bythebooks.biz, or give them a call today, and get a real person, at 682-220-9288.
“We want to analyze today’s numbers to make a plan to be more efficient, more cost-effective, and to provide budgeting and financial forecasting,” Sarah said of how she helps businesses invest in themselves.