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Frequently
asked questions.
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Bookkeeping is the recording of a company's financial transactions. It involves keeping records of all financial transactions and summarizing the information so it can be used for preparing financial reports and making business decisions. Bookkeepers also reconcile your accounts and ensure you business is tax-compliant. It is important because it gives you a clear picture of your business's financial health in order to run your business more efficiently and make informed decisions. When your business is organized it's also easier to apply for business loans, and you're prepared if your business ever gets audited. Bookkeepers are also up to date on tax laws and benefits that will help save your business money.
Outsourcing your business's bookkeeping is cheaper and offers more flexibility than an in-house bookkeeper. It means you never have to worry about overtime, health insurance, paid time off, training and other employee related costs. You get the expertise of experienced bookkeepers without the annual cost and liability of hiring someone.
Yes! Getting a bookkeeper will take the stress out of managing your business. Most business owners start a business because they love what they do, the product or service they provide is their passion and they want to create something for themselves, but don't usually realize all of other hats that come along with owning a business. Our team will handle our books, keep track of your finances and handle your payroll so you don't have to worry about it. With all of this handled you can focus on what you're good at and what's important, making money!
Most business owners think that they do not need to run payroll for themselves in their business, but depending on how your business is structured you might be required to! There are many benefits to putting yourself on payroll, a W2 income makes it easier to qualify for loans, purchase properties and keeps you compliant with tax laws which keeps the IRS happy. Schedule a consultation with us today to see how payroll would support you and your business.
Just like every person is different with different needs, so is every business. All of our packages are customized to fit your specific business and you only pay for the services you need. Generally the cost will vary depending on the size of your company, number of transactions and volume of expected growth. We sit down with all potential clients for an initial consultation so we can learn all about your business needs and goals to provide the best solution for you.
Yes, thanks to technology distance is not a problem! We provide all of our services online, with most of our staff working remotely so we can connect via Zoom and over the phone.
Absolutely! It can be extremely beneficial to meet with a bookkeeper even before you start your business. There can be many different factors to take into consideration when deciding the right legal structure for your business. Meeting with an experienced bookkeeper prior to that can support you with getting off on the right foot. We support with filing DBAs, LLC, EIN numbers and much more.