Services
Monthly and Quarterly Bookkeeping
- Categorizing and recording monthly transactions
- Reconciling bank and credit card accounts
- Preparing monthly financial statements
Our team specializes in QuickBooks Online
Account Receivable / Accounts Payable
Accounts Receivable (A/R)
- Invoicing
- Payment Tracking
- Aging Reports: QuickBooks reports show overdue invoices, and we will follow up on outstanding payments.
Accounts Payable (A/P)
- Bill Management:
- Payment Processing:
- Aging Reports: QuickBooks A/P aging reports help to manage due dates and avoid late payments.
Diagnostic Review
A Diagnostic review allows you to get a clear picture of what is wrong with your books. At the end of the review, you get upfront pricing for services to remedy problems uncovered. The things that we’ll look at during your diagnostic review include:
- Whether the balance sheet on the books reconciles to a balance sheet on the tax return (if there is one)\
- Banking and Credit Card Accounts
- Undeposited Funds
- Profit and Loss Accounts
- Balance Sheet Accounts
- Accounts Receivable and Accounts Payable agings
- Chart of accounts
- Products and services list
- Other areas such as payroll, inventory, and sales taxes (if they’re tracking that in QuickBooks Online)
Bookkeeping Clean Up
If a cleanup is necessary, this phase involves:
- Categorizing historical bank transactions
- Reconciling historical balance sheet accounts
- Modifying your Chart of Accounts
- Adding any missing accounts
- Reviewing the mapping of your products and services
- Ensuring your records align with the last filed tax return, or recommending amendments if needed
- Conducting weekly one-hour Zoom meetings as required
