Running the business · 2 min read · Published
What we usually see when the bookkeeper quits in October
By Chris Greco, Founder and President.
When the bookkeeper quits in October, the company faces a Q4 close, year-end, 1099s and W-2s with nobody in the seat. The first week matters more than the hiring decision.
Get the passwords, bank feeds and payroll access into the company's hands, not a person's. Reconcile the last month closed to find out where the books actually stand. Pay the bills that are due; stop everything else until someone owns the ledger again.
Then decide whether to hire a person or a function. A departure is often the moment a company learns its books depended on one set of hands, and chooses not to let that happen twice.
Where this applies
Chris Greco
Founder and President, CFO Anywhere. CFO for owner-led companies since 2002. Executive MBA, Gies College of Business, University of Illinois.
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