There is perhaps nothing quite more devastating to a company than losing a key accounting or bookkeeping employee.  Because unless you have well documented procedure manuals…it is not only they who leave …but typically so do your company’s ability to easily process financial data. In addition, business owners can find themselves “held hostage” to their employees who may have such a high degree of proprietary knowledge that they feel they are unable to function without them. This is why it is so important to have well documented procedure manuals that outline all critical procedures and protocols.