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How Bookkeeping Services Work

 
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How Bookkeeping Services Work

Bookkeeping Services

Let's have a look at how our bookkeeping services work, shall we?



As a private individual with gets a headache at just the thought of getting all those scraps of paper organized for tax time, or as a business owner who needs to keep a record of daily income and expenditures, you might be wondering whether or not making the investment to hire a professional bookkeeper is worth the expense?

For private individuals, we can do more than just help you with getting records organized for tax time. We can also help you take a look at the money you are spending each month, helping you to better understand where it's going and how to plan and budget it more wisely.

So yes, we can take that shoebox of receipts and make sense of all your financial records!

It is a bookkeeper's task to see to the accurate processing of all of a company's business transactions, no matter how big or small. This ensures that there is an accurate record of all expenditures as well as purchases. Part of a bookkeeper's responsibilities might include all debits and credits, charts of accounts, payroll, etc. It all depends on the needs of the business or individual. This need is usually determined by the type and size of the business concerned.

What can a bookkeeper do for my business?



For businesses, depending upon what you need, our bookkeeping services could include any or all of the following tasks:

  • Purchase supplies and equipment as authorized by management

  • Monitor office supply levels and reorder as necessary

  • Tag and monitor fixed assets

  • Pay supplier invoices in a timely manner

  • Take all reasonable discounts on supplier invoices

  • Pay any debt as it comes due for payment

  • Monitor debt levels and compliance with debt covenants

  • Issue invoices to customers

  • Collect sales taxes from customers and remit them to the government

  • Ensure that receivables are collected promptly

  • Record cash receipts and make bank deposits

  • Conduct a monthly reconciliation of every bank account

  • Conduct periodic reconciliation of all accounts to ensure their accuracy

  • Maintain the petty cash fund

  • Issue financial statements

  • Provide information to the external accountant who creates the company's financial statements

  • Assemble information for external auditors for the annual audit

  • Calculate and issue financial analysis of the financial statements

  • Maintain an orderly accounting filing system

  • Maintain the chart of accounts

  • Maintain the annual budget

  • Calculate variances from the budget and report significant issues to management

  • Comply with local, state, and federal government reporting requirements

  • Process payroll in a timely manner

  • Provide clerical and administrative support to management as requested


What does my book keeper need from me?



When it comes to bookkeeping and record keeping services, what we need from you will depend on the size and type of the business we are dealing with, and what you, as the client, need from us.

At Professional Bookkeepers we ask that our clients supply us with all the relevant source documents applicable, such as receipts, deposit slips and bank statements. This allows us to do our job and takes the stress out of yours. All we need from you is the original documents that you can bring to us, mail to us or even ask us to come and collect, and we will do the rest. Or, if you prefer, we can have one of our professional work with you right in your own office.

We will organize everything, do the appropriate bookkeeping and provide you with the relevant, professionally compiled, reports and spread sheets so that you can see exactly where your money is coming from, and where it is going to. This is, after all, what you need so that you can maximize your business' potential without the extra burden of slogging through the hours of book keeping involved. Leave it to us, it's our specialty.

At Professional Bookkeepers in , our aim in life is to make things easier for our clients.


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Frequently Asked Questions
  How will bookkeeping help me?
  Does my small business need a bookkeeper?
  What services can a bookkeeper provide for my business?
  Whats the difference between a bookkeeper and an accountant?
  How can a bookkeeper help me get ready for tax time?
  Can a book keeper help me with payroll?
  What do I need to provide my bookkeeper?
  What are some book keeping tips for small businesses and/or freelancers?
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Professional Bookkeepers Professional Bookkeepers Professional Bookkeepers
How Bookkeeping Services Work How Bookkeeping Services Work How Bookkeeping Services Work
Business Bookkeeping Services Business Bookkeeping Services Business Bookkeeping Services
Corporate Bookkeeping Services Corporate Bookkeeping Services Corporate Bookkeeping Services
Personal Bookkeeping Services Personal Bookkeeping Services Personal Bookkeeping Services
Types of Clients We Serve Types of Clients We Serve Types of Clients We Serve
Green Bookkeeping Green Bookkeeping Green Bookkeeping
Full Time or Temporary Staffing Full Time or Temporary Staffing Full Time or Temporary Staffing
Quickbook Services Quickbook Services Quickbook Services
How will bookkeeping help me? How will bookkeeping help me? How will bookkeeping help me?
Does my small business need a bookkeeper? Does my small business need a bookkeeper? Does my small business need a bookkeeper?
What services can a bookkeeper provide for my business? What services can a bookkeeper provide for my business? What services can a bookkeeper provide for my business?
Whats the difference between a bookkeeper and an accountant? Whats the difference between a bookkeeper and an accountant? Whats the difference between a bookkeeper and an accountant?
How can a bookkeeper help me get ready for tax time? How can a bookkeeper help me get ready for tax time? How can a bookkeeper help me get ready for tax time?
Can a book keeper help me with payroll? Can a book keeper help me with payroll? Can a book keeper help me with payroll?
What do I need to provide my bookkeeper? What do I need to provide my bookkeeper? What do I need to provide my bookkeeper?
What are some book keeping tips for small businesses and/or freelancers? What are some book keeping tips for small businesses and/or freelancers? What are some book keeping tips for small businesses and/or freelancers?