Do you run a small business? A common problem for small business owners is bookkeeping and making sure all the information like taxes, income, and expenses are all accurate and completed on time. This part of running a business can take hours, days, weeks to complete, taking time away from you, the business owner, from being able to focus on running your business. Have you ever thought about hiring a bookkeeper? If you have, that’s great, you are just one step closer to bliss. The next step is choosing the right type of bookkeeping service. Let’s talk about different types of bookkeeping services there are to choose from and why each one might be beneficial to you!
Types of Bookkeeping Services
When you think about bookkeeping, you might think of someone just filling out a book of all the finances, but there is a lot more to it than that. Bookkeepers provide numerous services.
Accounts Payable
The types of bookkeepers who manage accounts payable keep track of all the money leaving your business. They take care of invoices and bills. Additionally, they must keep track of all due dates.
Accounts Receivable
This account is the money coming into your business. A bookkeeper will make sure that all of your customers are paying on time and will even go as far to reach out if the customer is not. The bookkeeper will keep track of all money coming in and can keep track of any income the business is receiving.
Payroll Processing
Your employees need to be paid. It is the bookkeeper’s job to keep track of all the payroll and be able to answer any question about the payroll, and make sure your employees are paid correctly and all tax information is accurate.
Tax Preparation
Another service a bookkeeper can provide is tax preparation. Tax season is never easy and can take a very long time to do. It is the bookkeeper’s job to keep track, update, and keep accurate records of all tax information from the business.
Bank Reconciliation
This service provided by the bookkeeper is to help make sure that your amount in the bank matches the balance sheet. Bookkeepers will keep track of every transaction, debit or credit, from the business and will make sure that everything looks the same and accurate.
Financial Statements
Every business must have a couple important financial statements. They should have a balance sheet, cash flow statement, and a profit and loss statement. The bookkeeper will keep a record and update these financial statements.
Why You Need a Bookkeeper
Bookkeepers are trained professionals and can provide a lot of services that help your business run a lot smoother and can make your life easier. Now you know more about the services that a bookkeeper can provide, now it’s time to talk about who can provide the best bookkeeping service for your business.
Why Should You Choose Harvest Tax & Accounting?
Here at Harvest Tax & Accounting, all of our bookkeepers are professionally certified and have proven experience. That’s why we can offer the best of the best for your business. We offer the best, reliable bookkeepers. When you invest in a bookkeeper, it takes the stress off your back so you can get back to running your business.
Overall, investing in a bookkeeper results in less anxiety and more success for business owners. Harvest Tax & Accounting understands the importance of providing accurate and professional bookkeeping services for your business. Our goal is to provide all the business bookkeeping you need. No headaches. No sleepless nights. Just proactive, straightforward bookkeeping guidance in a language you can understand. We work to eliminate the confusion. That way, you can focus on only the most important financial decisions you need to keep growing your business.
With more than 45 years of combined experience, the team at Harvest Tax & Accounting has seen it all. Our team takes the time to give you the information that is most relevant to your business right now. We explain taxes in a way that is easy to understand. To learn more about how your small business can benefit from our services, especially our business bookkeeping service, schedule your free consultation today.
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