The true cost of doing your own books
Doing the books yourself feels free. Here is what it really costs.
Your time has a price
Every hour sorting receipts is an hour not spent with customers or doing paid work. If your time is worth $100 an hour, four hours of bookkeeping a month costs you $400 in lost work.
Mistakes cost more later
Missed expenses mean missed deductions. Missed invoices mean missed income. Small errors pile up and take longer to fix the longer they sit.
What to do about it
Hand off the monthly bookkeeping. You get your time back, clean numbers every month, and organized records for your tax professional.