Bookkeeping
Holes in pockets? Revenue check points? Let’s find those.
Accounting and bookkeeping explained
Why a business needs to designate a professional for accounting & bookkeeping.
There are four stages in your accounting and bookkeeping. If you have a failure in any 1 of these stages, there will be a failure in your business of some kind.
The four stages are:
- Receipts
- Transactions
- Reconciliation
- Reporting
Why would a Small Business use us?
- How much can I pay myself, right now?
- Is my business making or losing money?
- How much in estimated tax should I submit?
- Can I afford to hire help? Can I afford not too?
- Am I swimming, drowning, or treading water?
Answers to these questions are provided weekly. Tax time should not be an anxiety trigger. Properly set up accounting and bookkeeping make tax time a breeze…and less expensive! And, to support all those deductions 🙂 your small business will be prepared with IRS compliant, paperless (yay!) record keeping.
Bookkeeping FAQ's
What does proper record keeping mean?
Karen maps efficiencies into your bookkeeping storage to capture receipts and records. IRS or State audits are simplified – saving you money in the long run. (Audit representation starts at about $5,000 without it). We match you with apps specific to your industry that will minimize your accounting burden
Businesses with solid records do not need to fear a tax audit – let us help your business get there and give you peace of mind.
Why do you need a profit and loss sheet?
We coach you to read your P&L and Balance Sheet to make healthier decisions supporting the goals you have for your business. Without complete numbers, the decisions you make are from ‘best guesses’ and ‘intuition’…why take that sloppy risk when the info should be right on your cell phone?
Complete picture of your business = reaching your goals. Yes, it really does
