Professional Bookkeeping Services

Bookkeeping is the process of recording and organizing a business's financial transactions, such as sales, purchases, payments, and receipts. It helps track income and expenses to ensure accurate financial management.

A bookkeeper manages daily financial records, reconciles bank statements, tracks accounts payable and receivable, and prepares financial statements to keep your business finances accurate and up to date.

QuickBooks is a popular accounting software designed to help small businesses manage their finances, including invoicing, expense tracking, payroll, and generating reports.

Bookkeeping focuses on recording daily financial transactions, while accounting involves interpreting, analyzing, and reporting this financial data to guide business decisions.

Accurate bookkeeping offers several benefits for a business:

- Financial Clarity: It provides a clear picture of a business's financial health, which allows for understanding income, expenses, profits, and cash flow. This is crucial for informed decision-making.

- Tax Compliance: It ensures tax obligations are met and helps identify potential deductions. This minimizes the risk of penalties, audits, and legal issues.

Improved Cash Flow Management: Cash flow can be tracked in real-time. This helps to identify trends, anticipate shortfalls, and manage working capital effectively.

- Enhanced Business Growth: Analyzing financial performance over time identifies areas for improvement and capitalizes on growth opportunities.

- Streamlined Processes: Well-organized records simplify tax filing and financial reporting, saving time and effort.

- Reduced Stress: Knowing finances are in order provides peace of mind, especially during tax season.

Yes, on a schedule to be determined. Daily, weekly, twice a month, monthly, quarterly and annually. We can customize to any schedule that you need.

We do not do taxes or give tax advice. We do compile and process 1099’s every January. Collect W9s from your vendors and turn them into us during the year.

Our goal date is the 15th of each month for the prior month closing. Situations that can delay this process are open items, documents and questions that are waiting to be received in order to finish up. If you don’t need reports, you can indicate so in the questionnaire.

If you are a monthly recurring client, payment is due on the 1st of every month. If you have a special clean up project, a retainer is due to begin work and is generally charged on an hourly basis.