Last year, I successfully handled the bookkeeping for a dynamic event management and planning company. They specialized in weddings, corporate events, and social gatherings. My work ensured accurate financial tracking, event-specific profitability analysis, and smooth tax compliance.
I began by analyzing their business structure and creating a tailored chart of accounts, categorizing key expenses like venue, catering, and logistics. I set up and optimized QuickBooks Online, ensuring seamless management of invoices, expenses, and reconciliations.
I tracked income and expenses for each event, providing detailed profitability reports and custom financial insights. Regular reconciliations and monthly reports (Profit & Loss, Balance Sheets, and Cash Flow) kept their financials organized. I also prepared them for year-end tax filings and ensured sales tax compliance.
Through my efforts, bookkeeping errors were reduced by 98%, processes were streamlined, saving 10+ hours weekly, and the client gained actionable insights to improve their profitability.
Tools Used: QuickBooks Online, Excel.
