Monthly Bookkeeping Basics
If you’re interested in receiving up-to-date financial reports on a monthly or quarterly basis, we offer flat-fee packages depending on the number of accounts we will track, and the amount of activity in your accounts. Your accounting file must be caught up in order to make the most of this service. Please visit our “clean-up/catch-up” section if you’re behind on your bookkeeping.
Monthly or Quarterly Bookkeeping – We will automatically update your accounting file and provide reports through your own secure portal. We will keep up to 1 year of reports in your portal, for access anytime and from anywhere you have internet connection.
3rd party payroll data will be included in your reports with these packages as long as the payroll amounts are deducted from bank accounts we are already tracking as part of the package.
With our business monthly bookkeeping services you receive the following Reports (summary and details) such as:
- Profit & Loss (also known as the Income Statement)
- Balance Sheet
- Statement of Cash Flows
The question we hear the most is “how…”
- How do you access my data?
- How do you know how to classify my transactions?
- How do you know when I deposit money from personal as opposed to a sale?
Because we’ve been doing this for so long and we have experience with so many different types of small businesses- and because business bookkeeping and personal finance is so repetitive in nature- we already know what to look for and where to look for it. We do provide you with reports which we require you to review and give us feedback on.
We are constantly looking for ways to streamline the bookkeeping and accounting duties, so we stay on top of industry changes and the latest technology to make your life just a little bit easier. Running your entire business is hard enough, outsource your bookkeeping and accounting to us. Contact us today to learn how we can help.
Contact us for more information on how we can help you manage your business.
Need more than just business bookkeeping? Visit our Accounting and Bookkeeping page for more information.