Should You Hire a CPA in Atlanta or Use Accounting Software?

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When it comes to business accounting, you have many options to choose from. You can hire a qualified accountant to take care of your books or use accounting software. Both options have pros and cons, so you must understand these before you make a decision. To make a smart choice, explore the benefits and drawbacks of both options below:

Hiring a CPA

Hiring a CPA in Atlanta is a great option for your business if it does not have the resources or time to do its accounting. A reliable accountant can do bookkeeping, tax preparation, and tax filing. Hiring their service saves you time. You can concentrate on other important aspects of running a business rather than working on business finances for several hours. 

But, finding an experienced CPA with sufficient knowledge of your market and industry can be challenging. In addition, you are limited to the accounting services being offered. That is why you need a well-rounded accountant with extensive skills and services they can bring to the table. 

Using Accounting Software

This is a good option if you want to do your own books and cannot afford to hire an accountant. Accounting software provides you with access to financial data in one place, making it easier to keep track of what is happening in your business and make informed decisions.  

However, using this software can be quite time-consuming and hard to learn. You must understand financial statements to use this software effectively. Without experience in accounting, you will have to spend time learning to use the technology and understand statement meanings. In addition, you need to enter your financial data into the accounting software, which can take a lot of time. If you are struggling to use the software effectively, it’s best to leave accounting to a skilled accountant. 

Before you decide to either hire a CPA or use software to get your accounting done, weigh their pros and cons first. If you prefer to use the software, ensure it’s easy to learn and use. If you want to work with a CPA, ensure this person has extensive knowledge of your industry and is experienced in working with your type of business. An experienced accountant may be able to offer other services like payroll service, in addition to accounting. When it comes to the finances of your business, you want to consider the option that can give you peace of mind.