Bookkeeping

Books in a Shoe Box: No Problem!

If you own a small business, work under an assumed name or Schedule C company and haven't kept up your bookkeeping throughout the whole tax year – DON'T GET OVERWHELMED! We are here to help you get up to date. We'll prepare your bookkeeping for the year from your bank records, business receipts, and information you provide. Along with reviewing your personal information, we'll prepare a full Schedule C, as well as your personal income tax return. Then we'll help you set up an easy system that allows you to keep your books in tip-top shape next year.

Weekly Bookkeeping Functions:

• Record vendor invoices
• Reconcile vendor statements
• Record vendor, debit card transactions, and any electronic payments
• Provide signature ready checks or online bill payments
• Record purchase orders (PO) prepared by client
• Process manual checks as needed
• Weekly accounts payable aging report
• Record sales invoices
• Email or mail customer invoices and statements
• Record customer payments
• Track customer or vendor discrepancies
• Weekly accounts receivable aging report
• Record payroll and Update employees records
• Track employee advances and deductions

Monthly Bookkeeping Functions:

• Prepare bank account reconciliations
• Record individual credit card purchase transactions
• Prepare credit card reconciliations
• Prepare month-end adjusting and closing journal entries
• Maintain vendor W-9 information
• Create Collections Process

Monthly or Quarterly Reporting:

• Balance sheet
• Profit and loss statement – Monthly
• Profit and loss statement – Year-to-date
• Cash flow statement
• Accounts receivable aging
• Accounts payable aging
• General ledger
• Bank reconciliation report
• Credit card reconciliation report
• QB custom reports

Additional Services as Provided per Contract:

• Monthly or quarterly consultation to review financials
• Budgeting and forecasting
• Sales tax reporting
• Tax preparation
• Tax planning
• Estimated tax payments
• File management and storage
• Financial dashboard or management snapshot