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Lots of tools integrate with Quickbooks and Xero now so you're right that a big chunk of bookkeeping work is pretty automated, but there will always be a bunch
by refrigerator 4y ago
Lots of tools integrate with Quickbooks and Xero now so you're right that a big chunk of bookkeeping work is pretty automated, but there will always be a bunch of transactions that don't live inside a nice system that will need manual categorisation, e.g. random invoices from vendors that need to be manually paid and categorised.
Outside of categorisation, there's some more technical accounting stuff that also needs to be done, e.g. accounting for revenue properly on the Balance Sheet.
- CalChris 4y agoWhat about putting those odd invoices that don’t Xero into a shoebox and letting the to be hired CFO deal with them later?