Bookkeeping Services For Small Business And Self Employed
What Is Bookkeeping
Bookkeeping and bookkeeping services in its’ simplest terms is the record keeping of the financials of a business. Bookkeeping is a vital part in managing a businesses finances. By maintaining accurate records, small businesses can analyze the businesses financial data and financial reports. This will help make business decisions regularly. It is always a good idea to look at the financial health using your financial statements on a regular basis.
Types Of Bookkeeping Services
A bookkeeping service helps small business owners by providing many options of accounting services. Services offered can include basic bookkeeping services like organizing receipts in an online system, categorizing credit card transactions, entering accounts payables and receivable, handling bill pay to reconciling bank accounts. Additional services and complex bookkeeping services can include going over reports. These can include the balance sheet and profit loss statement with small business owners. Bookkeeping tasks can also include things like creating a budget for the business and looking at the profit margin and cash flow with the owner.
Our Online Bookkeeping Services
Our bookkeeping services are designed to help provide a small business or self employed individual peace of mind about their financial records. With years of experience our bookkeeping services are based on a businesses specific needs. We provide anything from general data entry to in depth financial analysis. Our goal is to provide the best service for your accounting needs. We specialize in QuickBooks Online for the financial management of your small business accounting software.
No matter what type of services you choice for your business, our goal is to provide reliable bookkeeping services. Aiming to help with the success of your business. We provide a dedicated day and time for your service. That way you will know when to expect your books to be updated. We also provide you a minimum of a one hour meeting at least once a month to go over any aspect of your business finances or QuickBooks Online you would like. We spend between three to six months working at an hourly rate to determine your company’s needs. After that we switch to a fixed rate monthly plan for six to twelve months of service. Allowing you to know exactly how much money your bookkeeping services with cost on a monthly basis.
We aim to provide the best bookkeeping services for your unique business. Our services are tailored to your small businesses needs. We aim to help streamline your bookkeeping and accounting services so your business can operate smoothly. Our dedicated team of bookkeeping experts understands the unique challenges that small businesses and self employed individuals have. We strive to provide the best customer service and guarantee your books are accurate.
Advantage Of Outsourcing Your Bookkeeping
Often time small businesses do not have a need for a full time in-house bookkeeper. On average a small business spends 10-15 hours per month managing there books. Because that amount of hours does not require the hiring of a full-time bookkeeper, small businesses will often hire a full-charge bookkeeper company to take care of their books. The benefit of outsourcing is the cost savings. You will not only not have to hire a part or full time in-house bookkeeper but will also save time and money by not having to train a new employee.
Outsourcing your bookkeeping allows the owners of the business to focus on actually operating the business. All without the added worry of handling the finances. Small business owners and self employed individuals may not have the knowledge or time to take care of the bookkeeping themselves. Hiring an expert will help the business run more efficiently and give peace of mind to the owner.
Another great benefit of outsourcing bookkeeping services is the objectivity and impartiality on the financial management of the business. A bookkeeping services provider can take and objective look at the business and help identify areas for improvement of financial management and any potential issues with the financial transactions.
Benefits Of Breakwater Accounting Bookkeeping Services
At Breakwater Accounting we strive to bring business owners and self employed individuals the best online bookkeeping services. We pride ourselves on giving you accurate financial statements including a balance sheet, statement of cash flow and profit loss report. Our exceptional services include looking at all new clients to make sure the nothing is categorized in the wrong account and that your account balance is correct.
Our software systems were chosen with small business owners and self employed individuals in mind and are easy to use. We will go over the necessary documentation that the owner will need to provide so that we have the proper supporting financial documents.
We take our time to learn about your business, both it’s short term and long term goals and help guide the business owner along the way. We are dedicated to helping small business owners succeed using our online bookkeeping services.