Many business owners believe that bookkeeping and accounting are synonymous, but these two practices are two.
Bookkeeping answers “Are the books complete and accurate?” It builds the data.
Accounting answers “What do the numbers mean and are they correct from a reporting and compliance standpoint?” It validates and interprets the data.
Together, these two processes create a smooth and efficient month-end close to help ensure the information is available to help you make quicker and better business decisions.
If you don’t know which service would be most beneficial to your business, simply contact us and we will help you figure out the best fit for your needs!
Our bookkeeping service includes:
- Recording income and expenses
- Categorizing transactions
- Reconciling bank and credit card accounts
- Posting payroll and routine journal entries
- Ensuring supporting documentation is in place
- Collaborating with your tax accountant
Our accounting services include:
- Reviewing reconciliations and balances
- Posting accruals, depreciation, and adjusting entries
- Ensuring compliance with accounting standards and tax rules
- Analyzing financial results and trends
- Preparing and explaining financial statements
- Collaborating with your tax accountant
If your books haven’t been reconciled in a while, that’s okay – we’ve got you! This service helps get your financial accurate, organized and ready for tax time. We help resolve errors, reconcile accounts and make sure everything is in order. This service is available exclusively to clients who use our bookkeeping or accounting services.
This unique service is meant to help businesses streamline their accounting processes for more accuracy, higher efficiency and greater compliance. Our consulting can include:
- Designing efficient workflows for recording transactions
- Improving month-end close procedures
- Identifying internal controls to help mitigate risk
- Creating documentation and providing training to staff
The scope and complexity of each project will determine the hourly rate, ensuring you only pay for the support and expertise your business requires.