Services
1. Recording transactions
The bookkeeper will record all financial transactions of the company, including sales, purchases, expenses, and payments, in a ledger or accounting software.
2. Categorizing transactions
The bookkeeper will categorize each transaction into the appropriate account, such as sales revenue, cost of goods sold, rent, utilities, or office supplies.
3. Reconciling accounts
The bookkeeper will reconcile bank statements and other financial statements such as credit card or loans to ensure that all transactions are accounted for and the balances are correct.
4. Generating reports
The bookkeeper will generate financial reports, such as profit and loss statements, balance sheets, and cash flow statements, to provide an overview of the company’s financial performance.
5. Managing accounts payable and receivable
The bookkeeper will manage the company’s accounts payable and receivable, ensuring that bills are paid on time and that customers pay their invoices in a timely manner.
6. Payroll and Federal and State Reporting of Payroll Tax
Personal Property Tax Return: The form that requires an individual to report their personal property and estimate its value to the local government for the purpose of calculating property taxes owed. It’s important to accurately report all personal property to avoid penalties or fines for non-compliance.