{"id":21106,"date":"2021-06-18T16:55:09","date_gmt":"2021-06-18T16:55:09","guid":{"rendered":"https:\/\/wcginc.com\/?p=21106"},"modified":"2026-01-26T16:36:43","modified_gmt":"2026-01-26T16:36:43","slug":"small-business-bookkeeping","status":"publish","type":"post","link":"https:\/\/wcginc.com\/blog\/business-bookkeeping\/","title":{"rendered":"Small Business Bookkeeping"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row][vc_column]\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-68b5740b1e60f\" class=\" wd-rs-68b5740b1e60f wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none border-btm-title \">\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><\/p>\n<div class=\"overview\">\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400\"><b>WCG offers a Fractional Controller service:<\/b><span style=\"font-weight: 400\"> Acts as your single point of contact while Bench handles the back-office bookkeeping.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Hands-off solution for business owners:<\/b><span style=\"font-weight: 400\"> WCG monitors, interfaces, and delivers financial statements, minimizing your day-to-day involvement.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Bench pricing is based on monthly spend:<\/b><span style=\"font-weight: 400\"> Plans range from Starter ($139\/month) to Corporate ($299+), covering up to 15 accounts.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>WCG add-on fees vary by plan:<\/b><span style=\"font-weight: 400\"> Transparent pricing includes monitoring, analysis, and interface services, with discounts for certain advisory plans.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Fractional Controller responsibilities:<\/b><span style=\"font-weight: 400\"> Monitor Bench\u2019s progress, gather missing info, review statements for errors, and analyze data for tax and operational insights.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Bookkeeping evolution at WCG:<\/b><span style=\"font-weight: 400\"> Started in-house (2007\u20132015), then outsourced to focus on high-value consultation, tax planning, and CFO-style services.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Partnership model proven with ADP:<\/b><span style=\"font-weight: 400\"> WCG\u2019s success with payroll interfacing inspired the same approach for bookkeeping with Bench.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Comprehensive business support:<\/b><span style=\"font-weight: 400\"> Combines bookkeeping, financial statement analysis, cash flow insights, KPI tracking, budgeting, and strategic planning.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Goal:<\/b> Free business owners to focus on operations while WCG ensures accurate financial management and compliance.<\/li>\n<\/ul>\n<\/div>\n<p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t[vc_column_text css=&#8221;&#8221; woodmart_inline=&#8221;no&#8221; text_larger=&#8221;no&#8221; el_class=&#8221;post-content-block&#8221;]WCG has recently introduced a new bookkeeping function for business owners as your Fractional Controller. We will use Bench as our back office engine since we believe they remain an amazing and cost-effective approach to small business bookkeeping and financial reporting. However, we take over the interfacing, monitoring and financial statement delivery\u2026 a hands off option for you. Your first and only call is to us.<\/p>\n<p>We have a similar relationship with\u00a0<a href=\"https:\/\/www.adp.com\/\" target=\"_blank\" rel=\"noopener\">ADP<\/a>, and for the past 3 years it has worked very well. They do all the heavy lifting, and WCG does all the interfacing.<\/p>\n<p><strong>A one throat to choke approach<\/strong>. Does this sound like a solution worth considering? We believe so! Keep reading\u2026[\/vc_column_text]\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-68504c5702156\" class=\" wd-rs-68504c5702156 wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none for-border-heading \">\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t<h2 class=\"info-box-title title wd-font-weight-800 box-title-style-default font-primary wd-fontsize-m\"><span class=\"ez-toc-section\" id=\"Bench_Business_Bookkeeping_Pricing_Model\"><\/span>Bench Business Bookkeeping Pricing Model<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><p><a href=\"https:\/\/bench.co\/pricing\/\" target=\"_blank\" rel=\"noopener\">Bench<\/a>\u00a0takes a unique approach to pricing its small business bookkeeping services by basing it on the amount of monthly expenditures. Huh?! Yeah\u2026 certainly interesting! Here is a quick table-<\/p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t<style><\/style>\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t[vc_row_inner el_id=&#8221;colored-table&#8221; woodmart_css_id=&#8221;68504e19c07d8&#8243; responsive_spacing=&#8221;eyJwYXJhbV90eXBlIjoid29vZG1hcnRfcmVzcG9uc2l2ZV9zcGFjaW5nIiwic2VsZWN0b3JfaWQiOiI2ODUwNGUxOWMwN2Q4Iiwic2hvcnRjb2RlIjoidmNfcm93X2lubmVyIiwiZGF0YSI6eyJ0YWJsZXQiOnt9LCJtb2JpbGUiOnt9fX0=&#8221; mobile_bg_img_hidden=&#8221;no&#8221; tablet_bg_img_hidden=&#8221;no&#8221; woodmart_parallax=&#8221;0&#8243; woodmart_gradient_switch=&#8221;no&#8221; woodmart_box_shadow=&#8221;no&#8221; wd_z_index=&#8221;no&#8221; woodmart_disable_overflow=&#8221;0&#8243; row_reverse_mobile=&#8221;0&#8243; row_reverse_tablet=&#8221;0&#8243;][vc_column_inner][vc_raw_html css=&#8221;&#8221; el_id=&#8221;colored-table&#8221;]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[\/vc_raw_html][\/vc_column_inner][\/vc_row_inner][vc_column_text css=&#8221;&#8221; woodmart_inline=&#8221;no&#8221; text_larger=&#8221;no&#8221; el_class=&#8221;post-content-block&#8221;]The monthly spend does include payroll expense, but it does not include draws or distributions. So, a business who has revenue of $600,000 annually and who also spends $500,000 annually would fall under the Venture plan above at $219 per month.<\/p>\n<p>What about WCG\u2019s fee for its Fractional Controller interface between you, the small business owner, and Bench, the back office bookkeeping department? No one works for free, and in the spirit of WCG\u2019s commitment to\u00a0<a href=\"https:\/\/wcginc.com\/fee-structure\/\">transparent fee structures<\/a>, we offer the following fee arrangement which includes Bench\u2019s fee. Another quick table-[\/vc_column_text][vc_row_inner el_id=&#8221;colored-table&#8221; woodmart_css_id=&#8221;68504e19c07d8&#8243; responsive_spacing=&#8221;eyJwYXJhbV90eXBlIjoid29vZG1hcnRfcmVzcG9uc2l2ZV9zcGFjaW5nIiwic2VsZWN0b3JfaWQiOiI2ODUwNGUxOWMwN2Q4Iiwic2hvcnRjb2RlIjoidmNfcm93X2lubmVyIiwiZGF0YSI6eyJ0YWJsZXQiOnt9LCJtb2JpbGUiOnt9fX0=&#8221; mobile_bg_img_hidden=&#8221;no&#8221; tablet_bg_img_hidden=&#8221;no&#8221; woodmart_parallax=&#8221;0&#8243; woodmart_gradient_switch=&#8221;no&#8221; woodmart_box_shadow=&#8221;no&#8221; wd_z_index=&#8221;no&#8221; woodmart_disable_overflow=&#8221;0&#8243; row_reverse_mobile=&#8221;0&#8243; row_reverse_tablet=&#8221;0&#8243;][vc_column_inner][vc_raw_html css=&#8221;&#8221; el_id=&#8221;colored-table&#8221;]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[\/vc_raw_html][\/vc_column_inner][\/vc_row_inner][vc_column_text css=&#8221;&#8221; woodmart_inline=&#8221;no&#8221; text_larger=&#8221;no&#8221; el_class=&#8221;post-content-block&#8221;]How many accounts? This is straight from Bench.co \u201cPlans include monthly bookkeeping for up to 15 financial accounts (e.g. bank accounts, credit cards, loans, merchant processors). If your business requires additional accounts or custom services, you may be custom priced.\u201d<\/p>\n<p>What about goofy stuff? Again, straight from\u00a0<a href=\"https:\/\/bench.co\/pricing\/\" target=\"_blank\" rel=\"noopener\">Bench.co<\/a>\u00a0\u201cYou\u2019ll require a specialized Bench team if your business needs any of the following: property tracking, third party revenue collection, or cash and revenue tracking.\u201d As such our fee to you might change depending on your unique situation.<\/p>\n<p>What about discounts? Of course! If you are using our Telluride or Aspen\u00a0<a href=\"https:\/\/wcginc.com\/fee-structure\/\">Business Advisory Service<\/a>\u00a0plans, then we offer a wonderful discount as you can see above.[\/vc_column_text]\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-68505956f2a00\" class=\" wd-rs-68505956f2a00 wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none for-border-heading \">\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t<h2 class=\"info-box-title title wd-font-weight-800 box-title-style-default font-primary wd-fontsize-m\"><span class=\"ez-toc-section\" id=\"Fractional_Controller_Role\"><\/span>Fractional Controller Role<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><p>What the heck does this mean? Yeah, another good question! WCG will interface with Bench in a Fractional Controller role with our primary duties being-<\/p>\n<ol>\n<li>Monitoring Bench\u2019s progress on the preparing and delivery of financial statements.<\/li>\n<li>Assist Bench in obtaining missing information and clarification from the business owner.<\/li>\n<li>Examining the financial statements for obvious errors and omissions.<\/li>\n<li>Analyzing the data for tax savings and operational opportunities.<\/li>\n<\/ol>\n<p>Not trying to sound harsh, but bookkeeping is a profession, not a hobby. Interested? Let\u2019s chat!<\/p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t<style><\/style>\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-6850596f80d82\" class=\" wd-rs-6850596f80d82 wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none for-border-heading \">\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t<h2 class=\"info-box-title title wd-font-weight-800 box-title-style-default font-primary wd-fontsize-m\"><span class=\"ez-toc-section\" id=\"Bookkeeping_How_Did_We_Get_Here\"><\/span>Bookkeeping, How Did We Get Here<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><p>Are you interested in how WCG arrived at this decision to add small business bookkeeping? It\u2019s a bit boring frankly\u2026 but\u2026 let\u2019s take a brief stroll down memory lane.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2007\"><\/span>2007<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Tina Watson Accounting is launched, which predates Watson CPA Group which of course predates WCG Inc. As some of you know, Jason was Tina\u2019s administrative assistant, and was also full of crazy ideas (more like present tense). One of the ideas was bookkeeping. Tina wasn\u2019t a big fan of business bookkeeping; it just wasn\u2019t where her heart was. But she also didn\u2019t mind provided Jason did all the bookkeeping work.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2013\"><\/span>2013<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Watson CPA Group expands by acquisition, and with it came a small business bookkeeping client base. This was fine at the time and it also fit in with our in-house payroll processing. We did it all, and we did it all ourselves. However, over time we discovered that our time and talents were best leveraged providing high-quality consultation and tax planning to small business owners, over the distractions of the daily grind of payroll and business bookkeeping.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2015\"><\/span>2015<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>A slow boil concept developed suggesting that bookkeeping functions were not profitable, caused too much trauma in the office and did not bring professional satisfaction to the firm. Therefore in the spring of 2015, WCG transitioned all of the business bookkeeping work to a fellow CPA who loved payroll and bookkeeping. The firm was running leaner from a staff perspective and all of the marketing efforts could go into growing tax and consultation engagements which WCG\u2019s small business owners craved.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2016\"><\/span>2016<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>2016 marked an important year as well. A client suggested to Jason that WCG (Watson CPA Group at the time) create an \u201call-in\u201d package to include tax preparation, payroll, routine consultation and tax planning. This made a ton of sense to us and to our business owner clients.<\/p>\n<p>A couple of years later, WCG also transitioned all payroll processing to ADP. Again, this allowed us to focus more on our core competencies which included the \u201call in\u201d package for business owners. The great experiment was underway.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2020\"><\/span>2020<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>This was the dawn of a new era for WCG. Several clients wanted more than just consultation and tax planning. Business owners needed CFO-esque advice and strategic conversations. Specifically they needed-<\/p>\n<ul>\n<li>Financial statement analysis and comparisons<\/li>\n<li>Cash flow management and analysis<\/li>\n<li>Industry-focused consulting<\/li>\n<li>National and regional economic reports<\/li>\n<li>KPI analysis, benchmarking and trend analysis<\/li>\n<li>Budgeting forecasting and goal-setting<\/li>\n<li>Financial advice and strategic planning<\/li>\n<\/ul>\n<p>Therefore we added these additional business advisory services. However, one thing was missing. Small business owners also wanted WCG to perform accounting and bookkeeping services akin to an outsourced Controller. Ok?! Now what\u2026<\/p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t<style><\/style>\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-6850598576dda\" class=\" wd-rs-6850598576dda wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none for-border-heading \">\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t<h2 class=\"info-box-title title wd-font-weight-800 box-title-style-default font-primary wd-fontsize-m\"><span class=\"ez-toc-section\" id=\"The_Light_Bulb\"><\/span>The Light Bulb<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><p>WCG and its leadership looked around, and reflected on its alliances and partnerships. One that stood out was ADP. WCG used ADP for all payroll processing; all the heavy lifting from collecting money and dispersing it to government agencies to filing payroll filings and tax return was done by them. But! The interfacing was done by WCG. Hmmmm\u2026<\/p>\n<p>Reasonable compensation calculation? WCG did. Setting up a new employee? WCG handled. Wires get crossed at the IRS regarding payroll taxes? WCG instructed ADP to resolve and we monitored their progress.<\/p>\n<p>So, we took the chore away from the small business owner and acted as their fractional Controller or virtual CFO or whatever sexy title made sense. This was working, and working well. Small business owners made widgets and WCG kept the business owner compliant by leveraging external experts such as ADP.<\/p>\n<p>Ok, more of \u201cNow what?<\/p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t<style><\/style>\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-685059a532ea3\" class=\" wd-rs-685059a532ea3 wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none for-border-heading \">\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t<h2 class=\"info-box-title title wd-font-weight-800 box-title-style-default font-primary wd-fontsize-m\"><span class=\"ez-toc-section\" id=\"Bench_Business_Bookkeeping\"><\/span>Bench Business Bookkeeping<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><p>Our payroll relationship with ADP has been and continues to be wonderful. What about bookkeeping? Bench approached WCG in the summer of 2019 to see what we did and how we did it. What Bench and WCG discovered over several meetings was that our interests were very much aligned; we wanted to help small business owners focus on what they do best. Take away the chores.<\/p>\n<p>Therefore, WCG is partnering with Bench to perform all the bookkeeping processing from coding bank feeds to preparing financial statements. WCG will interface with Bench in a Fractional Controller role with our primary duties being-<\/p>\n<ul>\n<li>Monitoring Bench\u2019s progress on the preparing and delivery of financial statements.<\/li>\n<li>Assist Bench in obtaining missing information and clarification from the business owner.<\/li>\n<li>Examining the financial statements for obvious errors and omissions.<\/li>\n<li>Analyzing the data for tax savings and operational opportunities.<\/li>\n<\/ul>\n<p>There you have it! Excellent business bookkeeping with the Fractional Controller interface. Beauty!<\/p>\n<p><em>Jason Watson, CPA is the Managing Partner of WCG Inc., a business consultation and tax preparation CPA firm located in Colorado Springs, and is the author of\u00a0<a href=\"https:\/\/www.wcginc.com\/book\" target=\"_blank\" rel=\"noopener\">Taxpayer\u2019s Comprehensive Guide on LLC\u2019s and S Corps<\/a>\u00a0which is available online and from average\u00a0<\/em><\/p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t<style><\/style>\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-68b5742ede482\" class=\" wd-rs-68b5742ede482 wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none border-btm-title faqs-wrap \">\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t<h2 class=\"info-box-title title box-title-style-default wd-fontsize-m\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span>Frequently Asked Questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_a_Fractional_Controller\"><\/span>What is a Fractional Controller?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>A WCG professional who manages bookkeeping oversight, financial statement review, and analysis without handling day-to-day entries.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_Bench_pricing_work\"><\/span>How does Bench pricing work?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Monthly fee is based on total monthly expenditures, covering up to 15 financial accounts.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_additional_WCG_fees_apply\"><\/span>What additional WCG fees apply?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Add-on fees vary by plan and include monitoring, reviewing, and interfacing with Bench.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_my_plan_cover_more_than_15_accounts\"><\/span>Can my plan cover more than 15 accounts?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Yes; additional accounts or custom services are available with custom pricing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_WCG_ensure_accuracy\"><\/span>How does WCG ensure accuracy?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>They review Bench\u2019s financial statements for errors and omissions and analyze the data for tax and operational opportunities.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_service_hands-on_for_the_business_owner\"><\/span>Is this service hands-on for the business owner?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>No; you only communicate with WCG, who handles all interfacing with Bench.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Are_there_discounts_for_bundled_services\"><\/span>Are there discounts for bundled services?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Yes; Telluride or Aspen Business Advisory Service plans include discounted rates.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_is_this_different_from_traditional_bookkeeping\"><\/span>How is this different from traditional bookkeeping?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>It combines outsourced bookkeeping with strategic oversight, analysis, and CFO-level insights.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_WCG_add_bookkeeping_services\"><\/span>Why did WCG add bookkeeping services?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Clients wanted an all-in solution with outsourced accounting, consultation, and CFO-level guidance.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_this_benefit_small_business_owners\"><\/span>How does this benefit small business owners?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Frees owners from bookkeeping chores, ensures compliance, and provides actionable financial insights for better decision-making.<\/p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t[\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_column_text css=&#8221;&#8221; woodmart_inline=&#8221;no&#8221; text_larger=&#8221;no&#8221; el_class=&#8221;post-content-block&#8221;]WCG has recently introduced a new bookkeeping function for business owners as your Fractional Controller. We<\/p>\n","protected":false},"author":6,"featured_media":31878,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-21106","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Small Business Bookkeeping - WCG CPAs &amp; Advisors<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wcginc.com\/blog\/business-bookkeeping\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Small Business Bookkeeping\" \/>\n<meta property=\"og:description\" content=\"[vc_row][vc_column][vc_column_text css=&#8221;&#8221; woodmart_inline=&#8221;no&#8221; text_larger=&#8221;no&#8221; el_class=&#8221;post-content-block&#8221;]WCG has recently introduced a new bookkeeping function for business owners as your Fractional Controller. We\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wcginc.com\/blog\/business-bookkeeping\/\" \/>\n<meta property=\"og:site_name\" content=\"WCG CPAs &amp; Advisors\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-18T16:55:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-01-26T16:36:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wcginc.com\/wp-content\/uploads\/000006_AdobeStock_124263554_bookkeeping_300-3.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"300\" \/>\n\t<meta property=\"og:image:height\" content=\"200\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Jason Watson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jason Watson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Small Business Bookkeeping - WCG CPAs &amp; Advisors","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wcginc.com\/blog\/business-bookkeeping\/","og_locale":"en_US","og_type":"article","og_title":"Small Business Bookkeeping","og_description":"[vc_row][vc_column][vc_column_text css=&#8221;&#8221; woodmart_inline=&#8221;no&#8221; text_larger=&#8221;no&#8221; el_class=&#8221;post-content-block&#8221;]WCG has recently introduced a new bookkeeping function for business owners as your Fractional Controller. 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He has been an owner of three small businesses, and holds both a Bachelor\u2019s and Master\u2019s in Business Administration from the University of Wisconsin \u2013 Madison.","url":"https:\/\/wcginc.com\/author\/jason\/"}]}},"_links":{"self":[{"href":"https:\/\/wcginc.com\/wp-json\/wp\/v2\/posts\/21106","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wcginc.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wcginc.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wcginc.com\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/wcginc.com\/wp-json\/wp\/v2\/comments?post=21106"}],"version-history":[{"count":2,"href":"https:\/\/wcginc.com\/wp-json\/wp\/v2\/posts\/21106\/revisions"}],"predecessor-version":[{"id":90188,"href":"https:\/\/wcginc.com\/wp-json\/wp\/v2\/posts\/21106\/revisions\/90188"}],"wp:attachment":[{"href":"https:\/\/wcginc.com\/wp-json\/wp\/v2\/media?parent=21106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wcginc.com\/wp-json\/wp\/v2\/categories?post=21106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wcginc.com\/wp-json\/wp\/v2\/tags?post=21106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}