Services
What I can do for you and your business
Bookkeeping Services
Why you need a bookkeeper
Having a bookkeeper provides critical advantages that go beyond simple data entry. By outsourcing these tasks, business owners save an average of 120 hours per year, allowing them to focus on revenue-generating activities like strategy and customer relations.
The primary benefits include:
Financial Accuracy and Reduced Errors: Professionals use advanced software such a QuickBooks Online to minimize mistakes. As of this year, approximately 40% of small businesses still incur IRS penalties due to filing errors; a bookkeeper helps avoid these costly blunders.
Optimized Cash Flow: Bookkeepers track real-time inflows and outflows to prevent “cash crunches”. Research shows that 82% of businesses with professional bookkeeping experience improved cash flow within one year.
Strategic Decision-Making: Accurate records provide the foundation for “real-time insights” into profitability and cost efficiency. This data helps determine when to hire new staff, invest in equipment, or adjust pricing.
Simplified Tax Compliance: A bookkeeper ensures your business is “tax-ready” all year. This can save an average of $7,000 annually by helping to identify eligible deductions and credits that might otherwise be overlooked.
Audit Preparedness and Security: Organized records act as a “safety net” during external audits. Professional services also implement strict internal controls to reduce the risk of fraud, which costs businesses roughly 5% of their annual revenue.
Improved Funding Potential: Clean, professionally managed books make a business twice as likely to secure loans or investment funding by demonstrating financial stability and transparency.
Seamless Scalability: As your business grows, a bookkeeper can adapt to increasing transaction volumes and more complex financial regulations without the need for you to hire a full-time in-house team.
Monthly and Annual Reports
Monthly Reports
Monthly reports, such as the income statement (profit and loss), balance sheet, and cash flow statement, offer a real-time snapshot of your business’s financial health, enabling agile and proactive management. By reviewing these reports, you gain a clear understanding of your finances, allowing you to steer your business with clarity and confidence, rather than guesswork.
Informed Decision-Making: Regular access to current data allows you to quickly adjust business strategies, set realistic budgets, and make data-driven decisions about pricing, staffing, or investments.
Cash Flow Management: Monitoring cash flow monthly helps you identify seasonal patterns, anticipate potential shortages, and ensure you can meet short-term obligations like payroll and vendor payments.
Early Problem Detection: Frequent reviews help catch financial errors, discrepancies, or potential fraud early, preventing small issues from escalating into major problems.
Annual Reports
The primary benefits of annual reports isn’t just for filing taxes. It also provides a comprehensive summary for external stakeholders and ensures legal compliance.
Legal and Tax Compliance: Annual reports and the underlying accurate records are necessary for filing taxes correctly and on time, which helps you avoid fines, penalties, and audits.
Attracting Investors and Lenders: Lenders and investors require accurate, professional, and consistent financial statements to assess your business’s creditworthiness and stability when you apply for loans or seek investment.
Strategic Analysis: The annual report provides a broad, year-long perspective, which is invaluable for long-term strategic planning, performance benchmarking, and evaluating overall business growth.
Payroll Services
QuickBooks Payroll Services
Hiring a bookkeeper that specializes in QuickBooks Online for your payroll provides a seamless integration between your labor costs and overall financial health. Because I will already be managing your business transactions, I can ensure your payroll data is instantly and accurately reflected in your books, providing a real-time picture of your cash flow.
What more does it mean for you and you business?
Beyond recording numbers, a bookkeeper handles the complex compliance of employee compensation, including:
Accuracy & Compliance: Calculating gross/net wages, managing tax withholdings (federal, state, and local).
Risk Reduction: Preventing costly IRS penalties—which affect about 40% of small businesses—and avoiding employee dissatisfaction due to pay errors.
Efficiency: Freeing up approximately 17 hours per month for business owners to focus on growth instead of administrative paperwork.
Integrated Reporting: Generating a complete financial story where labor, which is likely your largest expense, is perfectly aligned with your profit and loss statements.
Free Consultation
Schedule your free 15-30 minute consultation
Let’s talk about how profitable and affordable it will be to have me handle your monthly bookkeeping. Click the button to the right to select a date and time that works for you and you will be imediately scheduled in my calendar.
