Bookkeeping – What We Do


Bookkeeping Services


We offer a competitive, efficient bookkeeping service to companies of all sizes and industry.

Bookkeeping is about financial data: this is what we do. We take care of your financial information from entering the data to processing it via an accounting software (QuickBooks) and analyzing it for performance.

We issue the correct reports, alert you of any issues and prepare all the billings for you. Of course, our services extend into many ways to look at the information we process for you, at which point you need a Free Consultation.


How Does It Work?

Our Rates and Offer

For bookkeeping services, we charge $15 an hour. We believe in the weekly bookkeeping, where all data entry, payments and invoices are issued weekly.

For the weekly service, we found that a business requires 3 hours a week to process. This means $45 a week.

In this weekly package, you receive:

  • All bills and invoices entered;
  • All bill payments issued;
  • All reports overviewed;
  • P&L, B/S and other reports issued;
  • Advisory on accounting events.


What We Do

Company Set Up

Your company’s set up is the subject of an evaluation following the initial consultation. It will be decided then what is the condition of the current accounting files and whether there is a need for additional set up.

Data Entry

We enter all your business transactions into the accounting software daily and weekly:

  • Receipts
  • bills – invoices
  • checks
  • sales
  • purchases
  • expenses

Reconciliation, Sales & Other Taxes

We reconcile all your accounts weekly:

  • Bank accounts
  • credit card accounts
  • CC reconciliation
  • Preparation of your sales tax reports
  • Yearly issue of accountant copy

Accounts Payable

Data entry and reconciliation:

  • Input vendors into payable system;
  • classify invoices to proper account;
  • request and maintain vendors W-9;
  • retrieve payment copies as needed;
  • prepare and file 1099;
  • prepare checks to vendors;
  • reconcile vendors statements;
  • update vendors information;
  • issue weekly accounts payable report

Accounts Receivable

  • Input invoices into system;
  • record and account for revenue;
  • input receivable transactions;;
  • issue weekly report;
  • prepare credit memos and checks;
  • apply cash payments to system;
  • categorize revenue sources for tax;
  • reconcile credit card receipts

Reporting

You receive full reports weekly, monthly, quarterly and yearly:

  • Income statement;
  • balance sheet;
  • accounts receivable;
  • accounts payable;
  • list of customers, vendors, etc.;
  • budget control forms;
  • controlling forms.


Controlling

You also have access to controlling services. These include analytical reports that allow you to understand exactly how your business is performing:

Examples of Controlling Reports

  • Budget comparison;
  • sales and labor analysis;
  • Cost of Goods Sold analysis;
  • reports from your industry.