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Behind On Your Books,
Business Owners?

Let Me Rescue Your Financials Today!

Behind On Your Books,
Business Owners?

Let Me Rescue Your
Financials Today!

5 Accounting Decisions You Must Make

by | Feb 24, 2023 | Accounting, Bookkeeping

Owners and Executives will admit that accounting and bookkeeping are not the most exciting activities in a business, but… 

Without a strong outsourced accounting department, the business will fail. 

It sounds grim. It sounds tough. But, it’s the truth. 

And if you want to make accurate, growth-oriented decisions for your company, then getting an outsourced accounting department is on that list. 

I’m your local, expert outsourced accounting department for a third of the cost. 

With more than 15 years of experience, I deliver spot-on, accurate reports weekly, monthly, quarterly, or whenever you’d like so you know exactly where your business stands. 

This is where Local Accounting Services can help you a ton with your accounts payable system and processes.

An Outsourced Accounting Department can help you make informed, accurate decisions for the health and growth of your operation. Simply put: no accounting team? No success. Here are the major decisions you must make in order to work ON your business instead of IN it.  

5 Important Business Accounting Decisions

These are five common accounting decisions every business must make, no matter their revenue level. 

Without these decisions made, the company is on the fast track to failure. 

And if you want to grow your operation, then having these pieces in place through your outsourced accounting department are imperative:  

#1. Track Income & Expenses

It sounds simple. It sounds common sense. But you’d be surprised at how many companies, large and small, do not accurately (or efficiently) track their income or expenses. They “wing it” and hope it all works out. If they bring in more than they spend, all is well, right? Wrong! Income & expenses are only two factors in your business. Cash flow, debt, assets and more all play a roll in how your business fails or succeeds. 

With an outsourced accounting department, you’re able to track income and expenses so you can grow your company.  

#2. Track Assets, Liabilities, & Capital

Balance sheets are one of your few best friends in business. They tell the truth, the whole truth, and nothing but the truth. Unless you’re not properly tracking and reconciling accounts. The balance sheet keeps your assets, liabilities, and capital “in sight” so you always know their status. 

An outsourced accounting department will help you create automated financial reports so you can see your company at a bird’s eye view.  

#3. Set a Budget

If you want to grow your business, a budget is must have. Whether you’re a startup or established operation, a budget keeps your financials in order and on track. You’re able to identify goals, put them on paper, and orient the business toward achieving them. This is how a budget helps. A budget is more than “tracking cashflow.” A budget is the bridge between where you are now and where you want to be in the future. 

#4. Choose Your Accounting Method

Every business must choose an accounting method. Depending on what they choose, the reporting and statements will be affected. Most companies go with accrual based accounting. While cash based accounting is considered easier to implement and manage, accrual based accounting is used in companies who are actively growing. Because the accrual approach is more focused on predicted expenses and revenue down the line. Accrual accounting asks the question, “How can we make tomorrow’s revenue larger than today’s?”

#5. Hire an Outsourced Accounting Department

The prior four decisions all help put the foundation in place to grow your business. But, who is going to manage your books and reconcile your accounts each and every week? Surely, as an owner or executive you won’t be doing this. This is why hiring an outsourced accounting department for a third of the cost of an internal accounting team is your fifth and final decision. The name of the ownership game is to delegate. And delegating to an outsourced accounting department makes it so you can work ON your business, not IN it. 

Put your business in a position to grow, win, and succeed.

How Do I Hire Virtual, Outsourced Bookkeeping & Local Accounting Services?

Hire me, your Local, Master Outsourced Bookkeeper & Expert Virtual Accountant, today.

I bring your books current the very first time. Bringing back months and years!

I deliver accurate, spot-on reports weekly, monthly, quarterly, or whenever you like without fail. 

And, I help you forecast your financial future so you can know exactly where your business stands financially. 

Don’t let behind books and inaccurate accounting get in the way of growing your business.

Hire me, THE Top Rated Local® Master Bookkeeper & Expert Accountant, to rescue your books now!



I am so happy I found Kendra and her bookkeeping and CPA services! They have been so efficient, reliable, friendly and accessible. I was previously with another company for 30 years and do not regret making this change.

-Jan P.



My company engaged Kendra for bookkeeping and accounting services and I am very happy that we did. Kendra is a pleasure to work with and always accommodating via phone or on our Zoom meetings.

-Londin H.



Furever Bookkeeping has been our financial savior. Our small business went through several bookkeepers before hiring Furever Bookkeeping. Furever Bookkeeping has been responsive, adaptable, and provided excellent communication throughout the pandemic. The level of customer service we have experienced is unmatched for a small business such as ours.

-Orman M.



Kendra brought years of my business’s financials current and balanced my books quickly. She and the whole furever bookkeeping squad know what they’re doing. Helped my business exponentially.

-Charlie U.



Kendra served as our law firm’s outside, independent bookkeeper. When she started working for us she inherited financial books that were a complete mess. She was able to straighten them out and, since then, has kept our books accurately and complete. I can ask her at anytime where we stand financially and she can tell me instantly. She is very personable and a delight to work with. During her tenure working with us, even though she was an independent contractor, she became our firm’s CFO. I do not hesitate to recommend her.

-Fred P.



The entire Furever Bookkeeping team helped my Consulting Firm and me streamline our Accounting system using technology for efficiency sake. This saved us a ton. Kendra and her team are gems.

-Patricia F.



Kendra has been instrumental for our business. If you are looking for an accounting team that is professional, timely, and great at communicating call Furever Bookkeeping. They were a life saver for my company!

-Renee D.



Kendra’s team is top notch and reconciled back years under budget. Thanks to the entire team. We continue to grow as a direct result of her knowledge and strategy.

-Brian D.

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Kendra Moore
Owner/Master Bookkeeper
Expert Accountant

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Our clients range in annual revenue from $200K up to in excess of $75M+. Simple or complex financials across MULTIPLE industries are our Core Capabilities.

About Me

Furever Bookkeeping & Accounting Services brings 15+ years of Expert Bookkeeping & Master Accounting to each of our clients. Kendra Moore and her team have over 37 years experience in: Bookkeeping & Accounting. Serving MD, VA, DC, DE, PA & Surrounding Areas.

Our Certifications

We are approved Accounting & Bookkeeping Federal Government Contractors, DUNS #079524284, as well as for the State of Maryland, NAICS #541219.

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