Bookkeeping and Accounting

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Real-time bookkeeping and cash flow management, or after-the-fact bookkeeping and account reconciliation services, are available on a weekly, biweekly or monthly basis. All services are customized to meet the specific client’s needs.

Real Time bookkeeping and cash flow management services are best for clients who don’t want to manage cash flow or deal with day-to-day bookkeeping tasks themselves, need more timely or detailed information, or run their books on an accrual basis.

This service is like having a bookkeeper on staff, with all the benefits and cost-savings of an outsourced service.

Real-Time Bookkeeping and Cash Flow Management

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We customize the service to meet your needs, but in general, all full charge or real-time bookkeeping may include the following:

  • Process client payments and prepare deposits
  • Process vendor bills and prepare payments
  • Enter debit and credit card transactions
  • Enter payroll data and track employee benefits
  • Reconcile bank and credit card accounts monthly
  • Reconcile payroll liability accounts quarterly
  • Create reports and financial statements
  • Meeting with the owner or business manager on a regular basis
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Additional services may include running payroll, filing and paying sales or meals tax, preparing worker’ compensation audits, creating professional service invoices (for architects, designers, etc.), tracking expenses by job, project or location, calculating and entering cost allocations for nonprofits, or back-office property management.

These services are generally billed hourly. Some services may be provided at the client’s office, with the rest of the work done remotely.

After-the-Fact Bookkeeping Services

After-the-fact bookkeeping services are best for clients who manage cash flow themselves, but want to ensure their data is entered consistently in conformance with IRS requirements, and their accounts are reconciled each month.

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After the fact bookkeeping services generally include:

  • Enter checks and debit or credit card charges
  • Enter deposits
  • Enter payroll data and track employee benefits
  • Reconcile bank and credit card accounts monthly
  • Reconcile payroll liability accounts quarterly
  • Create reports and financial statements
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Additional services, such as filing and paying sales or meals tax or preparing worker’ compensation audits are also available. However, due to the nature of after-the-fact bookkeeping, invoices and bills usually aren’t entered (just payments and deposits); therefore this service is not suitable for clients who run their books on an accrual-basis.

After-the-fact bookkeeping services are generally provided remotely for a flat monthly fee. Quarterly services may also be available for very low-volume clients. Pricing is based on a standard package customized to meet the client’s specific needs.

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Bookkeeping and Accounting Services?

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