Bookkeeping is the process of accurately recording a company's financial transactions. It involves documenting sales, purchases, expenses, and payments, categorizing them, and updating separate ledgers for various accounts like receivables and payables. Using double-entry principles, bookkeepers ensure each transaction has equal debits and credits. They also reconcile accounts like bank and credit card statements to spot any discrepancies. However, it's essential to note that this service does not cover tasks like handling accounts receivable, invoicing, making vendor payments, or managing bills.

Get support from a QuickBooks ProAdvisor every month. Outside of this add-on, this service cost from $50-$125 per hour. 

QuickBooks subscriptions are to use helpful tools for managing money in your business. You can choose a plan that fits your needs, and it lets you easily track income, expenses, and other financial information. It's all online, so you can access it from anywhere and it keeps your money matters organized and clear.

Implement a system to properly calculate and collect sales tax. Make sales tax payments monthly, quarterly, or yearly as required by the state. 

Process payroll weekly, bi-weekly, semi-monthly, or monthly as requested by the client. Add new employees to the system, and file and pay payroll liabilities to the IRS. Provide payroll forms such as 941's, 940s, RT6s, W2s, and W3. Send each employee a W2 form by January 31st as required by the IRS.

Process payroll weekly, bi-weekly, semi-monthly, or monthly as requested by the client. Add new employees to the system, and file and pay payroll liabilities to the IRS. Provide payroll forms such as 941's, 940s, RT6s, W2s, and W3. Send each employee a W2 form by January 31st as required by the IRS.

Process payroll weekly, bi-weekly, semi-monthly, or monthly as requested by the client. Add new employees to the system, and file and pay payroll liabilities to the IRS. Provide payroll forms such as 941's, 940s, RT6s, W2s, and W3. Send each employee a W2 form by January 31st as required by the IRS.

Financial statements are paramount documents that provide a comprehensive overview of a company's financial health. They comprise the Income Statement (revealing revenues and expenses), Balance Sheet (depicting assets, liabilities, and equity), and Cash Flow Statement (tracking cash movement). These statements are instrumental in enabling stakeholders to evaluate a company's performance. In contrast, bookkeeping serves as the foundation for accounting, ensuring meticulous transaction recording, while accounting leverages these records to deliver a deeper financial understanding and produce meaningful financial statements.

A budgeting versus actual comparison is a straightforward way to see how closely a company's planned financial goals (budget) match up with its actual financial performance. It helps identify where the company is exceeding, meeting, or falling short of its anticipated financial outcomes. This comparison provides insights into financial management and decision-making by highlighting areas that might need adjustments or improvements to stay on track and achieve desired financial results.

Forecasting is the process of making educated guesses about future financial or business outcomes based on existing data and trends. It involves using historical information and current factors to predict potential scenarios for a company's future performance, such as revenues, expenses, and market trends. Forecasting helps organizations plan and prepare for what might happen, aiding in strategic decision-making and resource allocation.

Provide bank information to the client as requested. The client can request a transfer between accounts via email or text message. Provide monthly cash positions report and comments on reasons for changes in balances. Warn client on cash balance changes due to upcoming payments not yet posted.

Track profitability by the project. This helps businesses in the construction and consulting industry realize which specific projects are bringing a profit and which ones are resulting in a loss. 

Track profit and loss by location. Recommended for businesses with 2 or more locations. This will help a business determine whether one location is losing too much and needs to be closed. This will also help you see which location is bringing more profit. This tool also applies to departments, divisions, and apartment units.

To track profit and loss by various segments. Recommended for businesses selling various types of products and want to know which product is more profitable. This is also useful for service based businesses with multiple income streamlines

Implement proper billing methods prior to starting service. Learning the client's processes and requirements related to billing. Suggesting best practices as needed. Speak to the clients' consumers via email or text message during normal business hours 9 am to 5 pm regarding open balances in a professional manner. Provide accounts receivable report as requested by the client. Assist the company clients with account setup. Provide W9 and other documentation as requested by an authorized individual.

Pay and keep track of monthly utility bills if requested by the client. Pay other bills as requested by the client via email or text message using the email or phone number registered in our system as the client's valid information. Keep proper documentation of approvals for each bill and processed payment. Accounts payable report provided as requested by the client. All payments are processed with the client's business bank account(s) and or credit card(s) as instructed. This service monthly rate is subject to change every six months if volume changes significantly. The client also has the option to select a pay-as-you-go service agreement. We process all types of payments such as ACH, check, credit card, and other forms of payments as instructed by the client. This service also include resolving payment issues with vendors and payment hold issues with bank and other payment applications

Fractional CFO services provide businesses access to an experienced Chief Financial Officer (CFO) on a part-time or temporary basis. These services encompass a range of financial expertise such as financial planning, budgeting, cash flow management, financial analysis, strategic decision-making, and advising on financial operations. Fractional CFOs assist in optimizing financial processes, ensuring regulatory compliance, and enhancing overall financial health.  Additional our CFO may assist in developing growth strategies. By offering flexible and cost-effective solutions, fractional CFO services allow businesses to leverage high-level financial guidance without the commitment of a full-time CFO, making them particularly suitable for startups, small to medium-sized enterprises, and companies seeking specialized financial insights. Most importantly, we will work with you to find which financial reports would work best for you business. Our goal is to find customized solutions that aligns with your business. Whether that is forecasting, budgeting, we'll build a custom reporting portfolio just for your business.

"Delivery frequency of financial statements" refers to how often you receive your company's financial statements, such as the income statement, balance sheet, and cash flow statement. Accountants are asking how frequently you want or need to receive these reports. Common options might include monthly, quarterly, or annually. This helps accountants understand your reporting needs and schedule so they can ensure that you receive timely and relevant financial information to make informed decisions about your business.

"Delivery frequency of financial statements" refers to how often you receive your company's financial statements, such as the income statement, balance sheet, and cash flow statement. Accountants are asking how frequently you want or need to receive these reports. Common options might include monthly, quarterly, or annually. This helps accountants understand your reporting needs and schedule so they can ensure that you receive timely and relevant financial information to make informed decisions about your business.