Classify and Record Transactions

Reconcile Tranactions

Take your bank statements, receipts, invoices, bills, etc. then record and arrange them into their proper categories within the bookkeeping software.

Making sure the general ledger (the spot in the bookkeeping software where all your recorded transactions are listed) and the bank records are in agreement, making the necessary adjustments so they have the same balance.

Produce Draft Financial Statements

Pull the numbers and transactions into reports, review them for accuracy and analyze the numbers.

Product Final Financial Statements

The core statements are the income statements (aka profit & loss), balance sheet, and statement of cash flows. Different reports can be made depending on your business’s needs.

Meet with client to interpret statements

Interpreting the numbers on the financial statements is a huge part of a great bookkeepers’ job. Business owners shouldn’t just be handed a handful of financial reports each month, you need to know what these reports are telling you about your business in a language you understand. Understanding these financial statements can help you as a business owner make educated financial decisions within your business. So this conversation is very important! This is also when your bookkeeper can suggest improvements to save you money and/or time.

Additional Services

Account Receivables

Helping you invoice, collect, and track the money you are owed.

Account Payables

Helping you manage and record your bills & invoices, monitor when they are due and paid. Keep in mind, a bookkeeper, or really anyone other than the business owner, should never pay bills for you. (One of the major ways fraud is perpetuated in businesses is by giving an employee the ability to authorize payments…it’s best practice to do this yourself as the business owner)

Budgeting...(A.K.A. Your Financial Success Roadmap)

A “financial success roadmap” separates the good businesses from the great businesses. The bookkeeper’s role in this would be to help create, implement, and monitor the budget.

Benchmarking- comparing your financial performance to like businesses to improve and grow your business.