What's included

• Organized Financial Records

  Provide accurate and up-to-date records of financial transactions, including income, expenses, assets, and liabilities. Ensure that all transactions are properly categorized and reconciled within QuickBooks.

• Accounts Receivable Management

  Generate and send invoices to customers for products or services rendered. Track customer payments and follow up on overdue invoices to ensure timely collections.

• Accounts Payable Management

  Process vendor invoices and bills within QuickBooks, ensuring accurate recording and timely payment. Maintain accounts payable aging reports and communicate any outstanding liabilities to the client.

• Bank Reconciliation

  Reconcile bank and credit card accounts to ensure that all transactions are accounted for and discrepancies are resolved. Provide reports detailing reconciled transactions and any outstanding items for review.

• Payroll Processing

  Calculate employee wages, deductions, and taxes accurately within QuickBooks payroll. Process payroll payments and file associated tax forms, such as W-2s and 1099s, in compliance with regulations.

• Financial Analysis and Reporting

  Provide insights and analysis of financial data to help clients understand their financial performance and make informed decisions. Prepare customized financial reports and metrics tailored to the client's needs and preferences.

• Tax Preparation Support

  Prepare and organize financial records for tax filing purposes, including income tax returns and supporting documentation. Coordinate with tax professionals or provide assistance during tax audits as needed.

• Compliance and Regulatory Support

  Ensure compliance with relevant accounting standards, regulations, and tax laws in all bookkeeping activities. Stay updated on changes in accounting practices and regulations to ensure adherence and provide guidance to clients.