Bookkeeping
Overview
Bookkeeping is the process of systematically recording, organizing, and maintaining a business's financial transactions. This essential service helps ensure that financial records are accurate, up-to-date, and compliant with relevant regulations. Bookkeepers handle tasks such as tracking income and expenses, managing accounts payable and receivable, reconciling bank statements, and preparing financial reports. Proper bookkeeping provides businesses with the insights they need to make informed decisions, maintain financial health, and meet tax and regulatory requirements.
Bookkeeping Services
Our bookkeeping services ensure your financial records are accurate, up-to-date, and compliant, allowing you to focus on growing your business with confidence. From transaction tracking to tax preparation, we offer tailored solutions to meet your unique needs.
- Recording Financial Transactions: Accurately track and record all financial transactions, including sales, purchases, payments, and receipts, ensuring all records are up-to-date.
- Bank Reconciliation: Reconcile business bank accounts with internal financial records to ensure accuracy and identify any discrepancies,
- Accounts Payable and Receivable: Manage incoming and outgoing payments, ensuring bills are paid on time and customer invoices are processed promptly.
- Payroll Processing: Calculate employee wages, process payroll, handle tax withholdings, and ensure timely payroll tax filings.
- Financial Reporting: Prepare regular financial statements such as balance sheets, profit and loss statements, and cash flow reports to help business owners understand their financial standing.
- Tax Preparation and Compliance: Assist with preparing financial data for tax filings, ensuring compliance with local, state, and federal tax regulations.
- Expense Tracking and Budgeting: Monitor expenses, track spending, and assist with budget creation to help businesses stay on track financially.
- Financial Analysis: Provide insights into business performance and trends to help owners make informed decisions based on accurate financial data.
- General Ledger Maintenance: Ensure that the general ledger is properly maintained, with accurate postings for all accounts.
- Software Setup and Integration: Help set up accounting software and integrate systems for streamlined record-keeping and reporting.
Bookkeeping packages
standard plan: $750/month
Services Included:• Monthly Financial Statements: Preparation of Profit & Loss statement and Balance Sheet.• Bank & Credit Card Reconciliation: Reconcile up to 2 bank accounts and/or credit card accounts per month.• Accounts Payable & Receivable Management: Manage and track bills and invoices but does not include follow-up on overdue payments.• Payroll Processing: Up to 3 employees (for small businesses that need payroll support).• Tax Preparation Support: Assist with organizing tax documents and preparing for quarterly tax filings.• Monthly Review: One 15-minute consultation or call per month to review the financial statements and answer any basic questions.• Software Setup: One-time setup for accounting software and general guidance on using it effectively.• Basic Cash Flow Review: Review of the cash flow and basic recommendations for improvement.Additional Features:• Limited to 1 hour of additional customized support per month for ad-hoc needs (e.g., budgeting help or simple financial analysis).• Priority email support (response within 24-48 hours).
Premium Plan: $1,000/month
Services Included:• Monthly Financial Statements: Preparation of Profit & Loss statement, Balance Sheet, and Cash Flow report.• Bank & Credit Card Reconciliation: Reconcile up to 3 bank accounts and/or credit card accounts per month.• Accounts Payable & Receivable Management: Manage and track bills and invoices, including follow-up for overdue payments.• Payroll Processing: Up to 5 employees (for businesses that require payroll processing).• Tax Preparation Support: Organize and maintain tax documents, prepare for quarterly taxes, and support annual tax filing.• Cash Flow Management: Assist in monitoring and managing business cash flow.• Monthly Consultation: One 30-minute meeting per month to review financial reports, answer questions, and discuss business performance.• Software Setup & Maintenance: Help set up and maintain accounting software (e.g., QuickBooks, Xero, etc.).• Additional Services: Up to 2 hours per month of customized bookkeeping support for other financial matters (e.g., budgeting, financial analysis, etc.).Additional Features:• Priority support via email or phone for urgent matters.• Includes up to 4 hours of additional time for special projects (e.g., preparing for an audit or financial analysis).• One financial report revision per month.
Elite plan: $2000
Services Included:Complete Monthly Bookkeeping:
Monthly financial statements (P&L, Balance Sheet, Cash Flow)Bank & credit card reconciliation (up to 5 accounts)Transaction categorization and trackingAccounts Payable & Receivable:
Manage invoices, track payments, and handle billsPayroll Processing (up to 10 employees/contractors)
Tax Support & Planning:
Quarterly tax prep and planning to minimize liabilitiesYear-end tax support and document organization for filingFinancial Strategy & Consultation:
One 60-minute consultation per month for business insights, budgeting, and tax strategiesQuarterly financial reviews with detailed analysis and actionable recommendationsRevenue Stream Management & Expense Tracking:
Track multiple income sources (sponsorships, merchandise, ad revenue, etc.)Maximize tax deductions for business expenses like equipment, software, and production costsSoftware Setup & Support:
Setup and ongoing management of accounting software (e.g., QuickBooks, Xero)Integration of financial systems to streamline reportingPriority Support:
24-48 hour response time for urgent financial questions or issuesUnlimited email support for quick inquiriesDocument Organization & Backup:
Cloud-based document storage for receipts, contracts, and tax-related filesMonthly data backup to ensure records are secureWhy Choose This Plan?This all-inclusive package offers full-service bookkeeping, advanced financial strategy, and personalized support, allowing you to focus on growing your business while we handle the complexity of your finances. Ideal for high-earning content creators and businesses with multiple revenue streams, it ensures complete financial oversight, maximized tax savings, and continuous business support.
Monthly financial statements (P&L, Balance Sheet, Cash Flow)Bank & credit card reconciliation (up to 5 accounts)Transaction categorization and trackingAccounts Payable & Receivable:
Manage invoices, track payments, and handle billsPayroll Processing (up to 10 employees/contractors)
Tax Support & Planning:
Quarterly tax prep and planning to minimize liabilitiesYear-end tax support and document organization for filingFinancial Strategy & Consultation:
One 60-minute consultation per month for business insights, budgeting, and tax strategiesQuarterly financial reviews with detailed analysis and actionable recommendationsRevenue Stream Management & Expense Tracking:
Track multiple income sources (sponsorships, merchandise, ad revenue, etc.)Maximize tax deductions for business expenses like equipment, software, and production costsSoftware Setup & Support:
Setup and ongoing management of accounting software (e.g., QuickBooks, Xero)Integration of financial systems to streamline reportingPriority Support:
24-48 hour response time for urgent financial questions or issuesUnlimited email support for quick inquiriesDocument Organization & Backup:
Cloud-based document storage for receipts, contracts, and tax-related filesMonthly data backup to ensure records are secureWhy Choose This Plan?This all-inclusive package offers full-service bookkeeping, advanced financial strategy, and personalized support, allowing you to focus on growing your business while we handle the complexity of your finances. Ideal for high-earning content creators and businesses with multiple revenue streams, it ensures complete financial oversight, maximized tax savings, and continuous business support.
add-on services (available for all Packages)
Additional Transaction Categorization: $50 per 100 transactionsQuarterly Financial Review: $150 per reviewPayroll Processing (per employee): $25 per employeeBank Reconciliation (per account): $75 per monthCustom Financial Reports: $100 per reportTax Filing Assistance: $200 per filing (can vary based on complexity)Budget Creation & Financial Forecasting: $300 per sessionYear-End Financial Closing: $250 per yearSoftware Setup/Integration (e.g., QuickBooks, Xero): $150 per setup