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Frequently asked questions
- 01
A bookkeeper is essential for maintaining accurate financial records, ensuring compliance with tax laws, and providing valuable insights into your business's financial health. At McLarren Consulting, our expert bookkeeping services help manage your expenses, invoices, payroll, and other financial transactions, allowing you to focus on growing your business. With our attention to detail and expertise, we can help you make informed financial decisions and keep your business on track for success.
- 02
At McLarren Consulting, our bookkeeping services can save you money in several ways. Firstly, our experienced bookkeepers can identify areas where you may be overspending, helping you to cut costs and improve efficiency. Additionally, we can help you stay on top of bill payments to avoid late fees, optimizing your cash flow. Our team can also ensure that you're taking advantage of all available tax deductions, maximizing your savings. Finally, by providing you with detailed financial reports, we can help you make informed business decisions that can lead to increased profitability and sustainable growth. With our tailored bookkeeping services, you can feel confident that your financial resources are being utilized effectively.
- 03
Bookkeepers focus on recording and organizing financial transactions, ensuring that all income and expenses are accurately tracked. On the other hand, accountants use this organized financial data to prepare financial statements, analyze financial data, and provide tax planning and advice. Both roles are crucial for effective financial management, and the need for either a bookkeeper or an accountant depends on the size and complexity of your business. At McLarren Consulting, we provide comprehensive bookkeeping services to ensure your financial transactions are accurately recorded and organized, giving you the foundation for effective financial management. Additionally, we can also assist with financial analysis and tax planning, making us a one-stop solution for all your business financial needs. Whether you need a bookkeeper, an accountant, or both, McLarren Consulting is here to help you navigate your business finances effectively.
- 04
When hiring a bookkeeper for your business, it's important to look for someone with relevant experience, a good understanding of your industry, strong organizational skills, and proficiency in accounting software. At McLarren Consulting, we pride ourselves on delivering bookkeeping services with a team of professionals who have a wide range of experience in different industries. Our bookkeepers are highly proficient in accounting software and possess strong organizational skills to ensure that your financial records are accurate and up to date. Additionally, we prioritize building trust and effective communication with our clients, so you can rest assured that our bookkeepers will work closely with you to understand your business needs and deliver exceptional service.
- 05
A: At McLarren Consulting, we understand the importance of choosing the right bookkeeping services for your business. Our team will work closely with you to assess your specific needs, whether you require basic bookkeeping, financial reporting, payroll services, or a combination of these. We will take the time to understand your business's financial operations and tailor our services to ensure we provide the support you need to maintain the financial health of your business. With our expertise and personalized approach, we can help you determine the precise bookkeeping services that will benefit your unique business.
- 06
The frequency of meetings with your bookkeeper at McLarren Consulting depends on the size and complexity of your business. For small businesses, quarterly meetings may be sufficient, while larger businesses may benefit from monthly or even weekly meetings to stay on top of their finances. Our team at McLarren Consulting will work with you to determine the optimal meeting schedule based on your specific business needs and goals. Whether it's basic bookkeeping services or comprehensive financial management, we are dedicated to providing the level of support that helps you make informed decisions and achieve financial success.
- 07
While bookkeepers can help organize your financial records and ensure accuracy, it's usually an accountant who will prepare and file your tax returns. However, having a bookkeeper, such as McLarren Consulting, can make the tax preparation process smoother and more efficient. By maintaining accurate and organized financial records throughout the year, a bookkeeper can provide the necessary documentation and reports to an accountant, enabling them to efficiently complete your tax returns. Additionally, a skilled bookkeeper can help identify potential deductions and credits, ensuring that you maximize your tax savings. At McLarren Consulting, our bookkeeping services not only ensure your financial records are in order but also support a seamless and stress-free tax preparation process for our clients.
- 08
QuickBooks Desktop 2021, including Pro, Premier, Enterprise Solutions v21, and Desktop for Mac 2021, will be discontinued after May 31, 2024. QuickBooks Desktop Point of Sale 19.0 will be discontinued after October 3, 2024.
What happens after discontinuation?
You will lose access to live technical support, QuickBooks Desktop Payroll, Payments, online bank feeds, and other Intuit services. Discontinued versions will not receive security patches and updates after May 31, 2024.
How can I avoid service disruption?
Upgrade to a newer version of QuickBooks Desktop or consider moving to QuickBooks Online, which offers cloud-based access, automatic updates, and a subscription model. Evaluate which version best suits your business needs.
What should I do if I decide to move to QuickBooks Online?
Intuit offers tools and resources for the transition. Consult with an accounting professional or a QuickBooks expert to ensure a smooth transition to QuickBooks Online.
- 09
There are several financial software options available for small businesses, but one popular choice is QuickBooks Online. QuickBooks Online offers a range of features tailored to small businesses, including bookkeeping, invoicing, expense tracking, and financial reporting. It also allows for integration with banking and other financial institutions, making it easier to manage your business's finances in one place. Additionally, QuickBooks Online has user-friendly interfaces and mobile app accessibility, making it convenient for business owners to access and manage their financial data on the go. McLarren Consulting recommends QuickBooks Online for its clients due to its robust features, ease of use, and ability to streamline financial management for small businesses.






