Basic Bookkeeping
The Basic Bookkeeping package is designed for small businesses and startups that need help with the fundamental aspects of bookkeeping. This package focuses on the essential tasks required to keep your books in order and compliant with regulations.
Services Included:
- Bank Reconciliation: Reconciling bank statements with your accounting records to ensure accuracy and identify any discrepancies. This includes matching transactions, investigating errors, and providing a clear reconciliation report.
- Categorization of Transactions: Accurately categorizing all income and expenses to provide a clear picture of your financial performance. This involves assigning appropriate general ledger accounts to each transaction based on its nature.
- Monthly Financial Statements: Preparation of monthly Profit and Loss (Income Statement) and Balance Sheet reports. These reports provide a snapshot of your business’s financial health and performance over the past month.
- Email Support: Responding to bookkeeping-related questions via email within 2 business days. This ensures you have access to timely support for any queries or issues that arise.
- Chart of Accounts Setup: Setting up a basic chart of accounts tailored to your business needs. This provides a structured framework for organizing your financial data.
Ideal For:
- Startups with limited transactions
- Sole proprietorships
- Businesses with simple financial needs
Pricing: Starting at $300 per month
Standard Bookkeeping
The Standard Bookkeeping package builds upon the Basic package, offering more comprehensive services for growing businesses. This package includes everything in the Basic package, plus additional services to help you manage your finances more effectively.
Services Included:
- All services in the Basic Bookkeeping package
- Accounts Payable Management: Managing your bills and payments to vendors, including invoice processing, payment scheduling, and vendor communication.
- Accounts Receivable Management: Managing your invoices and payments from customers, including invoice creation, payment tracking, and customer communication.
- Monthly Review Meeting: A 30-minute monthly meeting to review your financial statements and discuss any questions or concerns. This provides an opportunity for personalized guidance and insights.
- Budgeting Assistance: Assistance with creating and maintaining a basic budget to help you track your income and expenses and plan for the future.
- Fixed Asset Tracking: Tracking the depreciation of your fixed assets, such as equipment and vehicles. This ensures accurate financial reporting and tax compliance.
- Payroll Journal Entry: Recording payroll transactions in your accounting system based on information provided by your payroll provider.
Ideal For:
- Small to medium-sized businesses
- Businesses with moderate transaction volume
- Businesses that need help with accounts payable and receivable
Pricing: Starting at $1000 per month
Add-On Services
In addition to our standard bookkeeping packages, we also offer a range of add-on services to meet your specific needs.
- Payroll Processing: Managing your payroll, including calculating wages, withholding taxes, and preparing payroll tax returns.
- QuickBooks Setup and Training: Setting up your QuickBooks account and providing training on how to use the software.
- Catch-Up Bookkeeping: Bringing your books up to date if they are behind.
Custom Packages
We understand that every business is unique, and our standard packages may not be the perfect fit for everyone. We are happy to create a custom bookkeeping package tailored to your specific needs and budget. Please contact us to discuss your requirements and receive a personalized quote.
Disclaimer
The pricing listed above is an estimate and may vary depending on the complexity of your business and the volume of transactions. A detailed quote will be provided after a consultation to assess your specific needs.
Expert Bookkeeping
Gain financial clarity and confidence with our tailored bookkeeping and payroll services for small businesses. Book a consultation to find the right solution for your business.