FAQs
Why do I need a bookkeeper?
Bookkeepers record, manage, and organize the financial data of your business.
I will ensure you stay up to date with processing all transactions, so you have a clear picture of where the financials of your business stand each month. This will provide you with the information needed to help make informed decisions that will increase your profitability. Your books will be maintained in a tax-ready format, so that your annual report will be clear, easy to understand, and the basis for your tax return.
Outsourcing the financial burden to an experienced professional will allow you to focus on your clients and growing your business. It will also provide you with confidence that your financial records are being properly maintained, and you are adhering to all IRS rules and regulations.
When should I hire a bookkeeper?
As soon as possible! Maintaining financial records and properly recording transactions are essential to running a profitable business.
Bookkeepers not only classify transactions and post necessary journal entries, but also generate reports which help show how your business is performing and are the foundation to preparing your business tax return.
Even if you are comfortable with the numbers side of running your business, outsourcing your bookkeeping will free up time and energy for you to focus on your clients, expand your business, or have more free time to do the things you love.
What does your monthly bookkeeping process look like?
First, we will conduct an initial onboarding call where I can learn about you and your business. After that, I will setup an account for your business in the accounting software, link any business bank and credit card accounts, download your transaction history, and categorize your transactions. I will also record any necessary journal entries to setup your opening balances and record any transactions which were paid using personal funds that wouldn’t be shown on your business bank account transaction history. After the month ends and all transactions have been categorized and necessary journal entries have been posted, the monthly reports will get delivered to your inbox by the 15th of each month.
For clients enrolled with CFO Services, we will review the reports during our monthly calls and adjust any budgets accordingly based on the most up to date information you provide. For clients enrolled with Bookkeeping Essentials, we will review the reports during our quarterly calls.
What is the cost of your services?
I currently offer two packages, Bookkeeping Essentials and CFO Services. Packages start at $600 per month and will vary depending on your business needs. Payment plans are available upon request and agreement. If catch-up services are required, there will be an additional one time fee. Please refer to the Services page for more information.
Do you offer tax services?
Yes! Tax services are available for your business and personal tax returns. Please refer to the Services page for a listing of the services offered.