Frequently Asked Questions

What Do You Want to Know?

Why do I need a bookkeeper?

  1. You must know where your income and revenue is coming from and where your money is going in order to know if your business is profitable.
  2. If you are losing money, bookkeeping will let you know how much and from what.
  3. You need to know which clients or customers owe you money, which ones pay you on time and which ones pay late or not at all. This is important when deciding if you can safely extend credit terms to a particular client.
  4. If many of your customers pay bills late, you need to know how late so you can take action to collect from “problem” customers.
  5. You need to know where you are spending money. If you are spending too much in some areas, bookkeeping will clarify your expenditures and help you to develop a plan to save more and spend less.

What information is required to get my company set up?

  1. Your company's name, address, phone numbers, EIN Numbers
  2. Bank statements, credit card statements.
  3. A list of your customers and their billing information whether in a spreadsheet, note pad, or even on scrap paper
  4. A list of services you will be billing for - along with your charges
  5. Any and all receipts on expenses you have paid. Shoeboxes welcomed!

How long does it take?

Obviously, the time will depend on the size of the company and the number of transactions that occur on a regular basis. Typically, a new setup will take approximately 5-7 days depending on the amount and clarity of the information provided. After initial set up, maintaining books (dependant on the number of transactions) usually has a 3-4 day turnaround.  Any catching up on entries will depend on the length of time you are behind and how many entries are needed.

What software do you use?

We recommend and use QuickBooks® Online Version.

Do you provide CPA Services?

No, we are not CPA’s nor do we provide CPA services, but we will work directly with your own CPA.

What are your hours?

We are available Monday through Friday from 9:00 AM until 4:30 PM by appointment only.