February 12, 2023

Why DIY Bookkeeping is Like a Game of Jenga (But With Your Finances)


February 12, 2023

So, you're thinking about handling your company's bookkeeping and accounting on your own. I’m here to let you know, that's like playing a game of Jenga with your finances. It might seem like a fun idea at first, but as soon as one wrong move is made, the whole tower crumbles.

I know you're a smart and capable business owner, but bookkeeping and accounting is a specialized field, and there's a reason why professional accountants exist. Trying to handle it all on your own can be a recipe for disaster, leading to missed deadlines, incorrect financial reports, and, in the worst-case scenario, an audit from the tax man.

So, what's the solution? Managed bookkeeping and accounting services! With me on your side, you can rest easy knowing that your financials are in good hands. Here are just a few of the many benefits of outsourcing your bookkeeping and accounting needs:

  1. Save time and focus on your core business: Let's face it, you have better things to do than sift through endless piles of receipts and invoices. With managed bookkeeping and accounting, you can free up your time and focus on what you do best, growing your business.
  2. Increased accuracy and reduced errors: Professional bookkeepers and accountants are trained to spot and avoid potential errors, saving you time, money, and headaches in the long run.
  3. Peace of mind: No more worrying about missing deadlines or incorrect financial reports. With managed bookkeeping and accounting, you can have confidence in the accuracy of your financial information and sleep soundly at night.
  4. Access to expert advice: With managed bookkeeping and accounting services, I’m able to provide advice and support on all things financial and tax.
  5. Access to the information: All of the above is enabled with cloud accounting with Xero and HubDoc for receipt capture, so you can access your financial information without having to send a backup for me to work on, and in the case of an audit, you’ve kept all the receipts with your with your expenses.

In conclusion, trying to handle your bookkeeping and accounting on your own is like playing a game of Jenga with your finances. Don't risk it! Invest in managed bookkeeping and accounting services to ensure the accuracy of your financial information, save time, and get the peace of mind you deserve.

So, go ahead, put down the ledger, step away from the calculator, and let the professionals handle it!


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Brian K. Hlady

Chartered Professional Accountant

CPA Canada In Depth Taxation

Xero Certified Advisor



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