Frequently Asked Questions

What services can you provide?

Highpoint Advisory Services specializes in:

  • General bookkeeping
  • Payroll
  • Tax preparation
  • Accounting systems and setup
  • Quickbooks software training and support

When should I hire an outside accountant or bookkeeper?

As soon as you start your business. Getting started right will help you avoid mistakes from the beginning and reduce headaches and potential legal and tax liabilities.

I have a data-entry person. Can you set me up so they can do my bookkeeping?

Certainly. It just takes some initial setup and training, and periodic consultations to make sure the data is being entered correctly.

Do I really need an accountant? I know EXCEL and prefer to use it.

The real question is should you? Most small and medium business owners do not have the knowledge, time or ability to effectively perform necessary bookkeeping duties. We keep abreast of new tax laws and accounting changes and help you avoid the pitfalls that you will face from doing it wrong. Do you understand double-entry accounting? Do you have the time to do it yourself? Is it worth the risk you will be taking?

What’s the difference between accounting and bookkeeping?

A bookkeeper puts together a complete ledger of income and expenses for your business using an established chart of accounts. The accountant takes the bookkeeping data and performs the necessary tasks for tax completion and advisory services.

Is it okay to keep my receipts and bring them to you at the end of the year?

It is very important to keep and maintain receipts throughout the year, both for bookkeeping purposes and potential IRS audits. We can help you keep track of your receipts – it can be as simple as taking a picture and sending it to us.

Free 30-minute initial consultation

Please call us today at (630) 523-5762 and we'll be happy to offer you a free 30-minute initial consultation!