Services -

Virtual Bookkeeping Services

What are the benefits to outsourcing your bookkeeping needs?

Reporting – I can ensure accurate and timely reporting from a certified bookkeeper following current accounting practices and regulatory guidelines, which can reduce the risk of costly errors during tax time.
Cost Effective – Hiring a full-time bookkeeping employee can be expensive – on average costing $45k/year (plus additional expenses like medical, workers compensation, and paid time off). By outsourcing your bookkeeping needs, you can save money and get the same high-quality services, plus interpreting, advising, and reporting services at a fraction of the cost.
Time – Let’s face it – bookkeeping can be stressful and time-consuming. By outsourcing this task to a professional, you can free up valuable time to focus on other aspects of your business. Plus, you’ll have more downtime to enjoy hobbies and spend time with family and friends.
Knowledge – I’m not here to just crunch numbers – I’m here to help you understand them. I’ll work with you to analyze your financials and provide insights into where your money is going, whether you can afford to hire an employee, how to manage your inventory effectively, and so much more!

How Does It Work?

Consultation

During the consultation phase, it is important for me to gain insights into your business and your objectives. I am interested in understanding the reasons behind your decision to seek assistance at this time, identifying the primary challenges your business is encountering, clarifying your goals, and determining how I can provide support to help you achieve them.

Diagnostic Review

Allow me to conduct an in-depth analysis of your financial records to identify areas of concern. Subsequently, I will generate a personalized report outlining my findings, recommendations, and a detailed quotation. We can then review this report together in depth. You have the option to independently address the identified issues based on my recommendations or opt to engage my services for their resolution.

Onboarding

During the onboarding process, I will ensure the setup of essential accounting software, secure document collection software, and payroll software (if included in your services). You can anticipate receiving a form to complete, which will gather pertinent business information, website access details, tax information, and more. Rest assured, I will be there to guide you through each step, striving to make this engagement as smooth as possible.

Working Together

Upon receiving all necessary documentation, I will begin meticulously organizing your books according to a customized package tailored to your specific financial needs. Whether it involves cleaning up past records, catching up on previous months, or categorizing and reconciling current transactions, my goal is to streamline and simplify your bookkeeping process, freeing you to concentrate on effectively managing your business. Each month, I will diligently prepare detailed financial statements for your review during a virtual meeting, simplifying the numbers to provide you with a comprehensive understanding of your business’s financial health. Let me help you navigate the complexities of bookkeeping with precision and expertise.

Services

I strongly believe that every business is unique, and as a result, the services and pricing I offer should be tailored to meet your specific needs. I am committed to providing personalized solutions that are designed to help you achieve your goals and drive success.

Basic Monthly Bookkeeping Services

Classify transactions
Reconcile monthly bank statements and credit card statements
Prepare monthly financial statements
Monthly Review
Email and phone support

Add on Services

Accounts Receivable
Accounts Payable
Payroll Services
1099’s
Budgeting
Fixed and Other Asset Management
Liabilities Management
Other

Catch Up

Code bank transactions from prior months of current year
Reconcile monthly bank statements and credit cards from prior months of current year

Historical Clean Up

Detailed review of the prior years financial records looking for errors, discrepancies, and missing information
Clean up all issues ensuring that the financial records are accurate and up to date