Bookkeeping
Effective Bookkeeping Services for Small Business Owners
Do you struggle to tally your company’s balance sheets every month or even to wrap your head around all those numbers and figures? You should not be stressing yourself out with business financials when you already have so much else to handle in running your small business. Hiring Bookkeeping For You to provide bookkeeping services for your small business could be the solution you need. Our bookkeeping services for small businesses take this load off your shoulders and also ensure that your cash flow is tracked and maintained efficiently.
A Wide Range of Bookkeeping Services for Small & Medium Businesses
Bookkeeping For You offers a range of finance, accounting, and bookkeeping services for small business owners and mid-sized enterprises. Our services are usually divided into different phases.
Depending on your financial and business needs, you can choose to hire a bookkeeper for the full range of services or for any one of the steps as your business needs.
Set Up
This is the initial stage of accounting and bookkeeping in any business. At this stage, we help our clients install get set up with QuickBooks Online, set up your Chart of Accounts, enter your data into the application, and show you how to read your financial reports. If this is the first time you are setting up your bookkeeping and accounts, you could benefit from hiring a bookkeeper for just this stage itself.
*Note: We do not offer training. Also, we do not use accounting software other than QuickBooks Desktop, or QuickBooks Online.
Clean Up
At this stage, our bookkeepers help clients clean up their existing and historical records. This makes sure their account books are up-to date, organized, and clean.
If you already have accounting software and need to start fresh by streamlining things a little, hiring a bookkeeper from the clean-up stage can help.
Classifications
Services in this phase include recording and classification of transactions into different accounts, such as:
- Invoices
- Receipts
- Inventory tracking
- Accounts payable
- Accounts receivable
*Note: We do not handle inventory tracking.
Reconciliations
Under the account reconciliation services, a bookkeeper helps you reconcile your accounts, bank transactions, and credit card transactions at the end of every month to stay up-to-date.
Reports
If your business needs to prepare monthly financial reports like income statements, cash flow statements, balance sheets, and profit & loss statements, we offer bookkeeping services for financial reporting too.
Advising
Our small business advising services give you a chance to have monthly or quarterly meetings with our business advisors. These meetings involve an in-depth review of your financial reports and analyses of what they mean for the health of your business.
This can be one of the most important reasons for partnering with Bookkeeping For You, especially if you are unfamiliar with accounting.
Personal Bookkeeping Services for Individuals
Frequently
Asked Questions
How Much Time Do I Get With My Bookkeeper Each Month?
There is no contract and no fixed duration you get to spend with your bookkeeper. From our experience, most SMBs set up video conferencing appointments with their bookkeepers once or twice a month. Our clients mostly connect to discuss their questions and review month-end results. You can arrange for one scheduled appointment at a time, making sure that the schedule is convenient for both you and your bookkeeper.
However, certain services like document sharing and live chat with a member of your bookkeeper’s extended team are available any time without an appointment.
What is Not Included in Our Full-Service Bookkeeping Services for Small Businesses?
Our full-service bookkeeping helps you with all the bookkeeping activities in a business. However, it does not include other accounting functions like sending invoices, inventory management, or managing accounts receivable or payable. Bookkeeping services can, however, help you organize these records and tally them every month.
We also don’t offer financial advisory services, tax advice, income tax or sales tax return filing, creating or sending Form 1099, or payroll management. We do help small businesses with bookkeeping for taxes though, helping you have your financial statements better prepared for tax time.
Do You Provide Payroll Management?
Yes, with Bookkeeping For You services, you can enjoy full-service payroll management at an added cost with QuickBooks Online.
How Would You Describe Your Services?
Bookkeeping For You offers efficient and reliable bookkeeping services that help small and mid-sized businesses progress. If you are interested in growing your business or just want to learn more about why you need a bookkeeper, get in touch with us to learn more about how your small business can benefit from our professional small business bookkeeping services.