Accounting and the art of delegation!

I was recently listening to a video blog that said one of the keys to success was to delegate, delegate, delegate. Speaking from experience, I understand that delegating can be a hard task to do. At times it is easier to pass along the work to others but making sure the work is completed in a time and to your standards can be difficult. When I talk to potential clients about outsourcing their accounting many become squirmish about delegating the accounting to someone else. There are a few things you need to keep in mind when your outsourcing your accounting:

1. Pick a firm that is insured.
2. How long have they been in business.
3. Make sure you are understand how it's going to work.
4. Know how involved you want to be in the day to day accounting and what you need help with.
5. Hold the firm accountable, you are the customer.
6. Ask questions!
7. Review your bill.
   

Knowing what role you want to have and what you want them to do lets everyone know what is expected. A good accounting firm knows how important it is for you to know what is going on at all times. At the beginning of each month you should be able to call the accounting company and ask for reports or if your accounts have been reconciled, if their not ask WHY! Did you get billed for the work that is not complete? Ask questions! Make sure you follow up and if you're not happy then find a company that will perform the tasks you ask in a timely fashion.

These are just a few things that let us stand above the rest, we've been doing this for a while and we know what we're doing. Call XBS and see how we can help you!