Bookkeeping is the practice of organizing, classifying and maintaining a business’s financial records. It involves recording transactions and storing financial documentation to manage the overall financial health of an organization.
While they seem similar at first glance, bookkeeping and accounting are two very different topics. Bookkeeping serves as a preliminary function through the straightforward recording and organizing of financial information. Accounting takes information and expands on it through analyzing and interpreting the data.
Bookkeeping tasks provide the records necessary to understand a business’s finances as well as recognize any monetary issues that may need to be addressed. Proper planning and scheduling is key since staying on top of records on a weekly or monthly basis will provide a clear overview of an organization’s financial health.
For every type of business, bookkeeping includes several components and steps, including:
1-2 Accounts with up to 125 monthly transactions. Payroll and Time keeping separate.
3 Accounts with up to 225 monthly transactions. Payroll and Time keeping separate.
4 Accounts with up to 449 monthly transactions. Payroll and Time keeping separate.
5+ accounts with up to 750 monthly transactions. Payroll and Time keeping separate.
Unlimited pay runs, auto payroll, 401(k) plans, 1099 E-file and pay, next-day deposits
Same-day direct deposit, automated tax payments and form filing at local level
Mutlistate filings, tax penalty protection
Includes 10 contractors
Please contact us for a specific estimate based on your monthly books.