Hi, Ms. Etten:
Do I need to hire an accountant / bookeeper to do the following tasks for me or can I do these myself?
- Monthly preparation of accounting books
- Monthly filing and payment of taxes
- Annual filing and payment of Income Tax Return
- Preparation of Income and Annual Income Statement and Balance SheetHow much is the average monthly cost of these services for a small scale laundry business?
How do I choose the right accountant / bookeeper?
Thanks in advance,
grich3679
Hi grich,
Based on experience, I never hired an accountant or bookkeeper in my entire life as a business person.I just had some little help from people who are keen on these details, learned from them, studied the procedure and from then on, I religiously paid my taxes. What’s important is you know what you need to pay, know the deadline of payment and never miss a payment.
Thanks for this advice, Ms. Etten.
Medyo overwhelmed lang kasi ako with the entire process and ‘imagined’ hassle of filing taxes kaya isip ko baka better if I outsourced it… kaso sayang din naman if I hired a retainer at P1K-P1.5K/mo lalo kung kaya ko namang gawin myself.
Right now, since wala akong makuhang freebie help from friends on this, I am planning to attend Nego-Skwela’s training course on Accounting and Bookeeping . This way, I hope to gain more knowledge and confidence on this subject after completing the course.
Cheers,
grich3679