frequently asked questions

FAQ Page

FAQ Page

Accountant vs. Bookkeeper?

What is the Difference?  An accountant is in charge of assessing and interpreting a company’s financial data and reporting on it. An accountant has a higher skill set than a bookkeeper, whose primary responsibility is handling the actual recording of the company’s financial transactions. An accountant usually has a degree or certification (CPA) and is paid better than a bookkeeper. Typically, a bookkeeper reports to the accountant.

What is Catch-Up Accounting?

It’s a process of reviewing poor historical accounting, bookkeeping, and financial activities of a company over a period of time and getting them back on track.

What Accounting Software do You Support?

7 Digits uses QuickBooks Online and QuickBooks Desktop.  We can also support Microsoft Dynamics Great Plains. 

Do You do Payroll?

Yes, 7 Digits can set you up with a cloud payroll system that connects with your accounting software. 

Do You do Bill Pay?

Yes, 7 Digits uses Bill.com, cloud-based software that simplifies, digitizes, and automates back-office financials processes for small and mid-sized businesses. 

How Do I Get My Documents to You?

Dropbox is our preferred; we also use Google Drive, email, and snail-mail. We can conform to any process that makes our clients’ life easier.

Will 7 Digits File my Taxes?

7 Digits does not offer tax services directly, but we partner up with the local licensed CPA.

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