Do I really need a Bookkeeper?
Yes. If you are planning on growing your business and continue to work on your Books, your business will soon be running you instead of you running your business.
What’s the difference between a Bookkeeper, Accountant, and CPA?
A Bookkeeper: Keeps track of all of your income and expenses via bank statements, credit card statmetns, and any other financial statements/records. Bookkeepers also use this data to create an Income Statement and Balance Sheet. Bookkeepers give the detailed year-end data to you and your Accountant or CPA in an easy to use detailed format for the purpose of filing your taxes. When we keep detailed records of your income and expenses, it cuts down on the time and cost an Accountant or CPA needs to spend preparing your income tax retrun.
An Accountant: Has a degree in accounting and can provide the same services as a bookkeeper. They may advise clients as to what expenses are tax deductible and also file your Income Tax Return.
A CPA: Is a Certified Public Account. They have a degree in Accounting and have passed the required testing to become a CPA. CPAs can help businesses set up their business entity (i.e. Corporation, L.L.C., etc.) and advise clients as to what expenses are tax deductible. CPAs can also file your Income Tax Return at the end of your fiscal year.
Why should I use a bookkeeper instead of an Accountant or CPA to do my books?
As you increase in the level of expertise, an Accountant and CPA charge anywhere from $50.00 – 95.00 per hour to keep your books. Bookkeepers keep the same detailed records as Accountants and CPAs at a more affordable price for small to medium size businesses (indivudals and sole-proprietors as well).
How long will it take to do my books?
Please see our services page and link to learn more about our individual services and prices for our affordable packages.
How much do you charge per hour?
We feel that you as the customer have the right to know up front exactly how much you will be paying for our services and not have to feel as if you are writing us a blank check like an hourly employee that may be cushioning their hours to make a bigger paycheck. Therefore, we have packages that any new to seasoned business owner can afford.
What is a transaction?
A transaction can be any of the following: entering or writing a check; entering or paying a bill; entering an invoice or sales receipt; entering a deposit; entering a credit card receipt; setting up a new account, vendor, customer, or item. The more transactions a company generates; the greater the need for office visits.
Is my business large enough to use QuickBooks?
Essentially, any sole-proprietor to medium size business can utilize QuickBooks. You can evaluate any of the software that Intuit offers and to determine which is best for you and your business.
Who or what is Intuit?
Intuit is the company that provides QuickBooks and Quicken software. 85% of small to medium size businesses in the US use a version of QuickBooks or Quicken to track their business’ income and expenses.
Can you do my Books if it’s just me running my business?
Absolutely. We work with businesses that have one employee (usually the owner) all the way up to 50 employees.
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