Frequently Asked Questions

Being a small business owner can be an incredibly awarding experience. However, running your business can be stressful enough without trying to understand and maintain your books! It is generally an area that small business owners don’t like, but must be responsible for.

One of the key roles as bookkeepers is to take the stress and pressure away from small business bookkeeping, allowing individuals to spend more time on what they do best.

But having a bookkeeper is about more than just saving time. A good bookkeeper is like having a built-in business coach, someone you can build a relationship with. They will take care of all the “ tedious” stuff while educating you on the picture behind your numbers so you can make better informed business decisions. Bookkeepers can help you understand the ongoing costs of running your business, what your cash flow situation looks like and if you are really making a profit.

Bookkeeping has other important benefits as well. It allows you to analyze and plan based on your collected data, helps minimize accounting costs, and saves you time during tax season since you’ve done the work to keep your finances updated throughout the year. And remember, keeping your books up to date is essential in the event your business gets audited. 

A good bookkeeper can be a huge asset to your business as they have the knowledge, experience and passion to manage your records accurately. Most importantly, they provide you with an important insight into your business’ operations and profitability.

Not quite, but they do go hand in hand. Both are extremely important for every business, especially when used together. Bookkeeping and taxes are two of the biggest services that affect small businesses.

Your bookkeeper is responsible for recording financial transactions, classifying transactions, account reconciliations, and the reporting that keeps your business running smoothly. Your accountant/CPA is responsible for analyzing and summarizing the financial data produced by your bookkeeper to minimize your taxation, doing your taxes, compliance and assisting in anticipating future financial needs as well as planning on how to meet them. Accountants/CPA’s have a strong understanding of tax law & requirements and will be best to assist in this area.

Instead of perceiving a “bookkeeper vs accountant” situation, it is important to understand that your bookkeeper and accountant/CPA work best together to serve the financial requirements of your business.

We work with Small Businesses and Solopreneurs.

Specializing in:

Real Estate Agents and Small Brokerages

Marketing Specialist and Graphic Designers

Photographers

Production Services ( Producers, Freelancers)

Wellness Professionals

And Many More!

Absolutely! Today’s cloud accounting capabilities were designed to make life easy. Your bookkeeper can manage your books remotely, but you can also access your own real-time data, financial information and reports. You will always have access to the information you need to make business decisions on the go from anywhere, anytime, on any device.

Absolutely! Unlike some accounting firms who use proprietary software, we use Quickbooks Online. You have access to your books at any time.

We offer wholesale rates for your QBO subscription and wrap that cost into your monthly bookkeeping rate, but we can transfer the subscription to you (at retail rates) at any time.

Yes! We use vpn software for secure connections and password encryption to ensure all of your data is secure.

Legal Business Advice - Lets leave this up to the CPA’s and attorneys.

Taxes - we do not prepare or file taxes. We will however work closely with your CPA and/or accountant throughout the year and at year end.

Onsite Bookkeeping - all bookkeeping is performed remotely using Quickbooks Online.

We will not! Tax preparation requires a specialized focus and skill set. We focus on being experts at bookkeeping. However, we will provide you with end of the year reporting to give to your tax preparer. We also ask for an introduction to your tax preparer, CPA or accountant so we can work together to make things easier for you.

All accounting is done using the cloud based software QuickBooks Online (QBO). QBO is an excellent cloud based software providing security and efficiency. If you're currently using a desktop software, we can discuss converting it to QBO.

We also offer and advise on your accounting “Tech Stack” for handling tasks including payroll services, bill pay, receipt management and document storage.

We make things as simple as possible for you however, we still need your help. At the beginning of each month, you'll receive an email with a list of any items needed for the previous month.

This list may contain questions regarding transactions, request for missing statements, receipts and/or other items needed to properly close the month. Once we have everything we need, we finish your books, review them, and get your reports to you within a few days.

We charge a flat rate for all of your services. Clients appreciate the flat rate model and love knowing how much their service will cost them each month.

Click below to see how to get started and how your rates are determined.

How To Get Started