Bookkeeping and Accounting Strategies and Solutions - QB QBO

[Steven Segal]

I've had issues conquering the least fun part of running businesses - bookkeeping and accounting. I'm sure people have gone through this before, so hopefully I can learn from how you all have conquered this.

1. Quickbooks vs Quickbooks Online: I get different advice from different CPAs. I have 4-5 single member LLCs. One of the CPAs is all for having them all in one QBO account. This seems to lead to a little too much co-mingling. I also put stuff on my credit cards, which means I have them hooked up. It just seems to add a lot of excess because all my non-business stuff is now on there.

2. What exactly does your CPA do for you? Do they do all the allocating? Do they just do a monthly review? 

Any input and advice would be useful.