About Sandee
Sandee was born in which NC city
What is Raleigh
This person records daily transactional financial data
Who is a Bookkeeper
True or False: you should manage your business and personal expenses separate
What is TRUE
What is the top reason a biz might want to hire an outsourced resource?
What is cost savings! You can save on hiring, training, employer tax, etc.
What is the top accounting software used by business owners to provide online access via their desktop or mobile phone?
What is Quickbooks Online
Sandee has this number of boys
The number is 2
This person prepares tax returns
Who is JOEL :)
What type of technology should be used in order to have backup of financial records and to minimize paper?
What is Cloud Technology
TRUE or FALSE: an outsourced resource could be your last hire for (bookkeeping/IT/HR, etc.)
The answer is TRUE! An outsourced resource could be your last hire. Let the outsourced firm bear the burden of turnover costs.
True or False: there's no way to avoid keeping business expense receipts year over year
The answer is FALSE
There is document management software that can be used to take photos of receipts, scan invoices, etc and then upload into your QB file
Sandee enjoys playing this sport for exercise, to be social, and to get out her competitive spirit!
What is tennis
This person performs audits
Who is a CPA
When should you correct errors that you find in your financial data?
The answer is ASAP! If issues carry over one month to another, the problem can only get bigger
TRUE or FALSE: A biz owner should not feel at risk in having a family member managing their books.
The answer is FALSE!
Fraud, control, skillset, turnover are all potential risks of 1 in-house employee managing the books
What is an easy way you can track mileage for business trips?
What is a mileage tracker app such as Mile IQ app (I use)
There is also TripLog and Stride
Sandee worked at this business analytics software company for 17 years
What is SAS
This person can be an extension of your finance/operational team by assisting with heavy transactional data
Who is SOME bookkeepers!
What is a list of accounts that are used to categorize every financial transaction that your business generates and who can help you set this up?
What is a Chart of Accounts and who is a Bookkeeper!
What crazy thrill seeking experience did Sandee get injured in the mountains over Memorial weekend?
What is zip-lining
Who studies tax forms and balance sheets and advises companies on tax write-offs?
Who is a CPA
At what point should you hire a bookkeeper?
The answer is before you are "past needing one". Be proactive and start clean and updated, and you won't ever get behind.