Think you’re saving money by doing your own books? Think again.
On paper, DIY bookkeeping seems like a smart choice — no extra staff, no outsourcing fees. But the real costs are often hidden in lost time, missed opportunities, and costly mistakes.
- Your Time Has Value
Every hour spent logging transactions is an hour you’re not selling, marketing, or building your business. If your time is worth R500–R1,000 per hour, the numbers add up fast.
- Mistakes Can Be Expensive
Misclassifying expenses, missing tax deadlines, or forgetting to invoice clients can cost you far more than outsourcing would have.
- Missed Insights
A professional bookkeeper doesn’t just enter numbers — they spot trends, highlight risks, and flag opportunities you might miss when you’re deep in the day-to-day.
- Burnout Risk
Wearing too many hats is one of the fastest paths to burnout. Your business needs you focused and creative, not buried in reconciliations.
The takeaway: DIY bookkeeping might look cheaper upfront, but in the long run, it can cost you money, momentum, and peace of mind.
You didn’t start your business to be your own accountant — Beancounter365 can take it from here.