FAQ

  • How much does it cost to outsource your Accounting and Bookkeeping?

    Typical cost to outsource can range from $500 to $5,000 per month for small businesses. There are many factors to consider in terms of processes for any kind of business. The tasks may appear complex and even intimidating but the accounting partner you choose does this everyday and should be able to simplify the process and maybe even make it a bit fun!

  • What is more cost efficient the hourly rate or the fixed monthly price?

    The hourly rate is the way they’ve always done it. It can motivate us your vendors to be inefficient by adding more hours to increase revenue. For this reason we charge a low hourly rate for customers who just want a portion of their bookkeeping outsourced. The fixed rate includes all of the processes in the accounting cycle and motivates us your partner to be efficient and you know what to expect and the bills are easy to plan for.

  • Why should you Partner with us?

    We believe partnering is an investment. We are more then just a vendor. We are apart of your team and there to help you grow or see through trying times. Think of partnering with us as an investment in your business, not a cost. Surrounding yourself with a team of experts is how successful businesses succeed.

  • What is a benefit of outsourcing your Accounting?

    The main benefit is we have an entire organization that does Accounting and acts as an extension of your staff.

  • Why Customers choose Socorro Business Solutions?

    We provide timely and accurate reporting, we provide expert industry guidance, we have streamlined processes with Quickbooks, provide a discount on your monthly subscription, our competitive pricing packages are tailored to support your industry’s needs and we ensure to provide exceptional value by making sure you receive expert financial support while optimizing your budget.

  • What is our backstory?

    We are a team of Accounting professionals with over 30 years combined experience in the industry. As employees working for many corporations we got tired of doing the same processes every month for the same company. We wanted to help people especially small business owners because we feel we can make a difference. We get to work with different companies in different industries and are always learning something new as well as coming up with new solutions that impact the lives of many business owners and their families.

FAQ

  • What types of Business' do we specialize in?

    All Franchisee’s welcome!

    Automotive Repair/Sales. Computer/Software. Construction/Contractors. Design/Architecture/Engineering. Financial Services. Hospitality. Insurance/Brokerage. Lawncare/Landscaping. Legal. Manufacturing Property Management. Retail. Restaurant/Bar. Salon/Beauty. Telecommunications. Transportation. Wholesale distribution

  • What is a Bookkeeper?

    A bookkeeper is a person employed to keep the records and financial affairs of a business. Bookkeepers are responsible for some (or all) of an organization’s financial information, which is generally known as the General Ledger. These Ledgers include balance sheets and income statements. They also record financial transactions in the form of debits or credits in the ledger, as well as create financial reports.

  • What is the difference between Bookkeeping and Accounting?

    Bookkeeping focuses on recording and organizing financial data, including tasks such as invoicing, billing, payroll and reconciling transactions. Accounting is the interpretation and presentation of that financial data, including aspects such as tax returns, auditing and analyzing performance through financial statements.

  • What will I need to do?

    Have open communications with us! Our work cant be done without business communications on a weekly basis at minimum.

  • As a business owner/operator how much can I save a year on overhead costs?

    Midsize companies have saved over 200k a year with our services!

  • What Accounting software do we recommend?

    You guessed it Quickbooks for sure! but we certainly have experience working with other software like Sage, Microsoft Dynamics, Financial Force etc.