Bookkeeping
If your financial records aren’t crisp, accurate, and timely, you’re not giving your business the attention it deserves. Running your business based solely on the balance in your bank account is a risky approach. Have our CPA provide a bookkeeping service for you!
Say goodbye to time-consuming financial chores and hello to accurate and up-to-date financial records at your fingertips.
You didn’t start your business to spend time on subpar bookkeeping. Unfortunately, many companies outsource their financials to amateurs to save costs, only to face costly consequences later—making decisions based on inaccurate information and filing incorrect tax returns.
At Prep Tax Smart, we handle bookkeeping the right way, offering fair pricing while saving you money, time, and stress in the long run.
Personalized Bookkeeping Services
Bookkeeping services involve much more than just recording financial transactions. We are experts at systematically organizing and managing your finances to provide a clear overview of your business’s financial health. With our help, you can say goodbye to the stress and confusion that often comes with handling your own bookkeeping.
- Weekly/Monthly/Quarterly/Yearly Data Entry
- Bill Pay (Accounts Payable) Outsourcing
- Customer Invoicing Outsourcing
- Payroll
- Embedding Receipts Within Financial Statements
- Chart of Accounts Customization
Did You Know?
Within their first five years
of new businesses fail due to ineffective management, lack of funding, poor financial management or the failure to adapt.
Businesses save, on average
on average when outsourcing their accounting and financial services compared to the services being done in-house.
Ready for stress-free bookkeeping?
Let us handle the numbers while you focus on growth. Contact us today to discuss your business’s bookkeeping needs.
Bookkeeping FAQs
What does a bookkeeper do for my business?
A bookkeeper is responsible for recording and organizing financial transactions, managing accounts payable and receivable, reconciling bank statements, preparing financial reports, and ensuring compliance with relevant accounting standards.
How often should I engage bookkeeping services for my business?
The frequency of bookkeeping services depends on the size and complexity of your business. In general, regular updates, such as monthly or quarterly, are recommended to maintain accurate and up-to-date financial records.
Can I just use bookkeeping software instead of hiring a bookkeeper?
While bookkeeping software can assist with basic tasks, a professional bookkeeper brings expertise and ensures accuracy in financial records. They also provide valuable insights, financial analysis, and help interpret data that software alone may not cover.
How does a bookkeeper help with tax preparation?
A bookkeeper ensures that financial records are accurate and organized, making the tax preparation process smoother. They may also collaborate with tax professionals, provide necessary documentation, and support the business during audits.
What qualifications should I look for in a bookkeeper?
Look for a bookkeeper with relevant education, such as a degree in accounting or a related field. Professional certifications, such as Certified Public Bookkeeper (CPB), can also indicate a higher level of expertise.
How do bookkeepers handle sensitive financial information?
Professional bookkeepers adhere to strict confidentiality standards. They use secure systems to handle financial data and ensure that sensitive information is protected. Clear agreements or contracts may also outline confidentiality obligations.
What is the typical cost of bookkeeping services for a small business?
The cost of bookkeeping services varies based on the complexity of the business and the services required. Some bookkeepers charge hourly rates, while others offer fixed monthly packages. It’s important to discuss pricing structures upfront. At Prep Tax Smart we work to customize our bookkeeping service to your business’s demands.
Can a bookkeeper help improve my business's cash flow?
Yes, a bookkeeper can play a crucial role in optimizing cash flow by implementing effective invoicing processes, monitoring receivables and payables, and providing insights into cash flow patterns.
Industry-Leading Standards and Capabilities
