Bookkeeping

Proper bookkeeping is vital for any business, regardless of size or complexity. It allows you to have up-to-date and accurate information regarding the well-being of your business to help you make well-informed business decisions. This can be very important for planning an upcoming extension or change, planning day-to-day operations, and many other situations that commonly arise during the life of a business.

Additionally, having proper bookkeeping records and reliable financial statements is very important for any business that may need to work with banks, lenders, investors, and other third-parties. These financial records are the main source of information in their determination of your business's credit-worthiness and potential.

Unfortunately, bookkeeping is a very time-consuming process. It requires tons of data entry, record-keeping, bank reconciliations, verification of transactions, numerous adjustments, as well as continuous researching of accounting rules and standards.

Bookkeeping can eat up valuable time business owners can better spend running their business. Also, problems can arise when they try to do it themselves or hand it off to an employee who is inexperienced or unknowledgeable about bookkeeping and accounting rules and procedures. Pinpointing such problems and fixing them is often even more time-consuming than doing the bookkeeping itself.

Outsourcing your bookkeeping to an experienced accounting firm like ours can save you time and money. It becomes our job to stay on top of all the changes in IRS rules and accounting standards. It frees you up to run your business and generate profits.

Our team customizes your bookkeeping to provide a cost-effective solution to meet your business's needs.

Whether you need bookkeeping done monthly, quarterly, or simply at the end of each year, we can provide you with reliable and comprehensive reports. Our bookkeeping services include maintaining your general ledger, as well as providing financial statements, such as your Income Statement (aka "Profit & Loss" or "P&L") and Balance Sheet.

We work with businesses large and small, and have experience working with a variety of businesses across many industries. This allows us to have insight and knowledge about the specific needs and idiosyncrasies of each industry.

Additionally, you can create a custom package with our other business services, such as payroll, income tax preparation, tax planning, sales tax, or any of our other services.

We normally maintain our clients' bookkeeping records and data using our professional accounting software; however, we also have an alternative service available for business owners who prefer to do the bulk of their accounting themselves on Quickbooks Online. We can periodically "clean up" your general ledger/transactions, correct any misclassifications, reconcile your bank accounts, and make required adjustments to prepare your records to produce accurate financial reports.