List of our services
Bookkeeping services that are performed on a daily or weekly basis
Income related tasks
- Record payments from your clients
- Enter bank deposits and classify to appropriate income categories
- Enter paypal and other credit card income and classify
- Track client under and over payments
- Create and manage sales/accounts receivable invoices
- Track delayed payments and send reminders, if needed
Expense related tasks
- Record checks that were sent out and enter proper codes to classify
- Enter paypal, debit and credit card transactions to correct expense categories
- Enter supplier/accounts payable invoices. Route to appropriate people for approval
- Set up online bill payments to pay your suppliers
- Create reports on how much money you owe your suppliers
- Enter payroll information of your staff
- Track advance payments made to company staff
Reconciliations
- Check actual amount deposited in the bank statements for any discrepancies
- Reconcile credit card transactions
- Correct any errors and write up adjusting entries
Other bookkeeping tasks
- Asset management and reporting
- Inventory management
- Sending picklists for warehouse for shipping products
Reports
- Income and Expense statement
- Balance sheet
- Cash flow
- Amount that customers owe you
- Amount that you owe your suppliers
- General ledger
- Reconciliation
- Vendor 1099 reports
- Other custom reports you need
Software used
- QuickBooks
- PeachTree
- Microsoft Dynamics
- Simply accounting
- Quicken
- MYOB
- Sage
- Creative solutions
- And many more
Online bookkeeping services: Does it sound too good to be true?
Online bookkeeping service has arrived with much publicity and is now challenging the traditional bookkeeping service. Apart from the benefit of never leaving your office with files of receipts and statements, it also comes with a much lesser price plan. Does it sound too good to be true?
Not really. Since the services are performed from a developing country like India, the salary of the bookkeeper is much lesser. Moreover, they are also keen to excel and so the quality of work is usually much higher. The regular bookkeeping work is done by bachelors and masters degreed accountants.
The speed of internet connectivity, increased availability of high-speed broadband connections and online security has made online bookkeeping service a viable option for business in the west. Even the powerhouse accounting software companies are challenged by the online accounting software companies in a big way.
One major question, that comes to everyone´s mind is, “is it a hassle to use online bookkeeping service?” Honestly, it is not a hassle. It is just changing the way bookkeeping was always done. If bookkeeping industry thought the accounting software was a hassle to use, we would still be using large paper books and journals to enter our accounts.
As a business owner, it is natural that you think that it may sound too good to be true. Online bookkeeping services is the new phenomenon and used by companies for several years now. The people who doubted it are still wasting their time and effort on getting the best out of their bookkeeper. It is TRUE. It is REAL and it is here to stay. Our online bookkeepers have helped dozens of clients across US, Canada and UK and they are ready to start for you whenever you are!
