Expert Accounting for Small & Medium Businesses in Canada and US by Parth Patel

Expert Accounting for Small & Medium Businesses in Canada and US by Parth PatelExpert Accounting for Small & Medium Businesses in Canada and US by Parth Patel

Expert Accounting for Small & Medium Businesses in Canada and US

Parth Patel

Contact for pricing

About this service

Summary

Helping small businesses by offering comprehensive accounting and bookkeeping services, including QuickBooks setup, transaction cleanup, and monthly financial management tailored to meet your business needs. The services of this package extend to creating customized reports, seamless Gusto integration, and meticulous reconciliations, ensuring accurate and actionable financial insights.

Deliverables

Setting up Masters

• Setting and Cleaning up chart of accounts • Setting up Services/Product list • Setting up relevant payroll items and Tax items in Gusto • Integrating Gusto with Quickbooks Online • Designing the invoice and PO format • Setting up all the cost centers/profit centers • Key preference settings to get the transaction/reporting enabled

Finishing transaction backlog

• Reconciling opening balances • Reconciling bank, customer and vendor balances • Updating the transactions for April to June 2024 in QuickBooks Online

Designing and Setting up reports

• Collating/understanding all the reports which are required by management • Creating and designing customized reports in the application

Monthly Accounting and Reporting

• Recording of all sales and purchase transactions • Recording of all credit card transactions • Recording of Bank receipts and payments • Customer and Vendor Reconciliation • Bank reconciliation • Monthly Accounts review • Monthly MIS reporting

What's included

Setting up Masters
• Setting and Cleaning up chart of accounts • Setting up Services/Product list • Setting up relevant payroll items and Tax items in Gusto • Integrating Gusto with Quickbooks Online • Designing the invoice and PO format • Setting up all the cost centers/profit centers • Key preference settings to get the transaction/reporting enabled
Finishing transaction backlog
• Reconciling opening balances • Reconciling bank, customer and vendor balances • Updating the transactions for April to June 2024 in QuickBooks Online
Designing and Setting up reports
• Collating/understanding all the reports which are required by management • Creating and designing customized reports in the application
Monthly Accounting and Reporting
• Recording of all sales and purchase transactions • Recording of all credit card transactions • Recording of Bank receipts and payments • Customer and Vendor Reconciliation • Bank reconciliation • Monthly Accounts review • Monthly MIS reporting

Example projects

QuickBooks Setup and Monthly Bookkeeping for a Small US Business

Skills and tools

Accountant

Auditor

Bookkeeper

FreshBooks

Microsoft Excel

Quickbooks

Xero