At what revenue did you stop doing your own books?

saltflats_sam · 4/2/2024

I white-knuckled QuickBooks myself until about $900k in revenue and it cost me a clean year-end. Curious where everyone else drew the line — headcount, revenue, or just the moment you missed a filing?

6 replies

Hit about $600k and handed it off. Not because the bookkeeping got hard, because I stopped doing it on time.
jenn_from_provo · 4/3/2024
$1.4M and still in QBO myself. Takes me 3 hrs a month. Sorry, not paying $900 for someone to hit reconcile.
801hustle · 4/3/2024
You are not paying for reconcile, you are paying for the person who notices your COGS drifted 4 points before your banker does. But if you actually look at your numbers monthly you are fine.
meghan_the_cfo · 4/3/2024
fair
801hustle · 4/3/2024
The real answer is payroll. The month you add employees is the month you stop being your own bookkeeper.
lurker_since_2012 · 4/5/2024
this thread saved me like four months of denial, thanks all
saltflats_sam · 4/11/2024