As a bookkeeping service, we help keep your financial records organized and accurate.
It starts with recording your income and expenses. We do this on a weekly basis, so your books stay up-to-date. This also helps when we have a question about a transaction, as we can ask you while it’s still fresh in your mind.
Next, we make sure your records perfectly match what happened in your bank and credit card accounts. This is called “reconciling” your accounts, and it happens after the end of each month.
Finally, we prepare important financial reports, like balance sheets and profit and loss statements. Your balance sheet shows what you have and what you owe, while the Profit and Loss statement shows how much you made and where your money went. These are also completed after your accounts are reconciled and then sent to you.
All the above helps make sure you are ready at tax time. But more important, you get the information you need to get more done, grow your business, and generally sleep well at night.
We make managing your finances easier, so you can focus on running your business.