Daily Money Managers Can Relieve You of Day-to-Day Financial Chores
By Isabel Waters Lic.,Real Estate Property Consultant
If you don't have the time to devote to the daily financial duties required by your small business, or to your personal finances, you might want to consider the services of a daily money manager.By Isabel Waters Lic.,Real Estate Property Consultant
Daily money management is a relatively young spectrum of the financial services industry, and encompasses day-to-day financial duties such as managing payables and payroll, depositing checks, reconciliation of bank and other accounts statements, and ensuring that your ledger is balanced. Unlike accountants, who tend to serve as financial planners and guides, daily money managers do the day-to-day financial legwork that not only keep your business running but also simplifies the tedious year end reports to your CPA.