We are a city surrounded by water. From the Pacific Ocean to the San Francisco Bay lakes, rivers, and reservoirs. Many of us take our free time to boat, swim, dive, surf, paddle, kayak and many more activities on nearby waters.
There’s nothing like that crisp breeze and feeling connected to the natural world. It’s a peaceful way to ‘flow’ with our environment and recharge.
San Francisco has a history of ‘going with the flow.’ Historic Ashbury is one historical example of our city’s attitude about flowing in new directions. Whether it’s connecting with a new idea, or elevating one, reaching a ‘state of flow’ is a normal path for many city locals. But what is ‘flow’ exactly? And why is a CPA business blogging about it?
A flow state is a mental condition where one is completely engrossed and focused on an activity. Call it ‘being in the zone,’ which is a moment where you are so absorbed in the task, time flies by. There’s no resistance, and the work you’re doing can connect you to a bigger picture. Flow isn’t only an experience in the natural world, inventors and artists can fall into flow while creating something incredible. Steve Jobs was a practicing Buddhist which helped clear his mind. He even credited those Zen practices with inspiring Apples simple, clean design.
Let’s talk about being in the accounting zone
Flow isn’t just for creatives, and spiritual folks. Jobs was clearly a businessman too. And he proved the use of flow can elevate the success of business practices. For instance, our CPAs’ passion for what they do can feel like second nature. When we are responsible for a client task like bookkeeping, time flies by. And we can find ourselves absorbed in the flow of financial management.
San Francisco business owners come to us when their bookkeeping has outgrown them. Either the business keeps them too busy, or they don’t see the need for a full-time bookkeeper. Combining our bookkeeping services with a tax strategy is a great way to bring together two interconnected practices.
Bookkeeping requires daily and monthly attention. You must enter every purchase order, receipt, and bill properly. End-of-month bank statements must be reconciled and so forth. The IRS has a page noting what kind of records a business should keep. The page lists many expenses and assets that requires recording. The list can seem overwhelming for a busy business owner with limited time. It’s why a cost-effective way to combine taxes and bookkeeping is to work with the same San Francisco CPA.
We are flexible and adjust to different accounting systems. Since most business owners use QuickBooks to manage their finances, our bookkeepers are QuickBooks-trained experts. They come into the office and easily step in to manage bookkeeping duties. Practices include cash flow, identify deductions, and consulting so business owners make better financial decisions year-round. When tax season arrives, our CPA team handles the tax preparation too. Bookkeeping combined with tax preparation make it easy to flow through business tax season!
