Many small business owners make the mistake of thinking that the major reason they need to keep books is to make their tax accountant happy.  This is only half right.  While we all want a happy tax preparer, a sound set of books can provide the owner with on-going management information throughout the year to support business decision-making with facts and the ability to measure results: Profit & Loss, Balance Sheet, Budget Performance.

And come tax time, we want to avoid that frantic exercise to assemble everything for the tax preparer – usually resulting in lost opportunities for write-offs. Your tax preparer is a tax professional looking at ways to save you money at tax time – not organize your shoebox of receipts.  That’s our job.

Bookkeeping service basics:

• Posting/processing Accounts Payable/Receivable

• Input credit card and other bank transactions

• Monthly reconciliations and reports sent to client

• Quarterly review sessions with client (2 hours max)