• Season’s Greetings from Fuel Accountants

    | Categories: Accountant , Bookkeeping , Finance

    Blog by Fuel Accountants

    Fuel Accountants wishes you and your family a wonderful Holiday Season and a happy, healthy, and peaceful New Year 2023!

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  • 5 ways outsourcing payroll can help you

    | Categories: Accountant , Bookkeeping , Business Tips , Employee , employment , Finance , Management , Profit First Accountants , Staff

    Blog by Fuel Accountants

    When you start a business, you’re typically your only employee and payroll is about as simple as it gets. But as you grow, you hopefully find yourself in the position of needing to take on more employees. Before you know it, what was once a very straightforward task becomes a giant undertaking that’s sucking up most of your time. This is when it makes sense to outsource your payroll. While this is yet another cost to consider, it’s actually a great idea that easily pays for itself. Here are the ways outsourcing your payroll can help you: 1. Free up your time In…

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  • Do I still need an accountant or bookkeeper if I use Xero?

    | Categories: Accountant , Bookkeeper

    Blog by Fuel Accountants

    One of the allures of cloud accounting is that it makes keeping your accounting records more accessible. Entering payables, managing receivables, and reconciling your bank account are now effortless. It does make you wonder whether you even need an accountant or bookkeeper at all these days!

    I often liken it to having a car. You can operate the car pretty well on your own. You know how to drive, how to put fuel in it, how to fix a flat – maybe even change the oil. But unless you were specially trained you wouldn’t try doing much more than that. You know that there are lots of things that you don’t know, so you pay a mechanic to do routine (and unexpected maintenance) and give you the certificates you need to keep the government happy. Sure, you could watch you-tube videos until 4 in the morning (every morning) and work out how to do most of what the mechanic does, but you would probably never do it as well as they do.

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