Ideas into Reality

​How many hours a month do you all spend on accounting work?

I’ve been running my saas company for about 18 months and I just tracked my time last month so for october (a friend who runs a similar business spends close to 10 hours so I thought why not check it myself) and it turns out I spent around 14 hours on accounting in general (expense reports receipt management etc)

I’ve looked into hiring someone but we’re only at $40k mrr and it feels too early to bring on a full finance person but I also can’t keep doing this forever. The business is growing and so are the transactions (not complaining about this at all fwiw haha)

Just curious how much time do you guys spend on this I just wanna know if I’m being slow

Thanks!

submitted by /u/mustymajority
[link] [comments]

Related Posts

Most viewed

All feeds

About Us (117) Advertising (415) Airbnb (23) Art Business (12) Banking (83) Behavior (897) BOI (22) Branding (45) Business Communication (27) Business Efficiency (11) Business Growth (50) Business Info (40) Business Investment (9) Business Services (35) Business Strategy (81) Business Tools (35) Business Trends (2029) Canva (106) Client Relations (16) Coffee (63) Confidence (766) Content Creation (40) Crafts (136) Customer Reviews (47) Customer Support (8) Cybersecurity (87) Data Protection (56) Digital Marketing (79) Discussion (102) DIY (125) Economy (173) Emotional Intelligence (209) Energy (881) Entrepreneurship (160) Ethics (16) Event Management (15) Events (382) Exit Strategy (7) Family Leave (11) Fashion (87) Fast Food (37) Financial Planning (98) Franchising (41) Fraud (80) Funding (117) Gas Prices (25) Grants (84) Graphic Design (31) Handmade Business (8) Hiring (33) Hospitality (19) Humor (161) Insurance (46) Investments (71) Jobs (228) Leadership (70) Lease (110) LinkedIn (90) Marketing (1122) Monetization (14) Online Reputation (7) Partner (26) Passive Income (25) Password Management (7) Payment Solutions (13) Personal Branding (15) Personality (377) Pricing Strategy (15) Printing (36) Productivity (587) Psychology (792) Relationships (1318) Remote Work (103) Restaurant (14) Retail (270) SaaS (26) Safety (180) Scaling (23) Seasonal Business (9) Self-Improvement (230) Side Hustle (47) Small Business (4774) Social Media (569) Social Responsibility (13) Social Skills (29) Startups (24) Story (272) Supplier (16) Sustainability (290) Technology (271) Tech Tools (7) TikTok (34) Time Management (91) Tools (383) Travel (203) Upcycling (15) Wedding Planning (9) Work-Life Balance (81) Workplace Culture (15) Yelp (46)