Weekly Bookkeeping Services

Typical Business Revenues $250,000 - $750,000 a year

Bookkeeping Functions Performed Weekly:

• Record Vendor Invoices
• Reconcile Vendor Statements
• Record Vendor, Debit Card Transactions, Pay Pal & EFTS Payments
• Provide Signature Ready Checks and/Or \Set Up Online Bill Payments
• Record Purchase Orders (PO) Prepared By Client
• Process Manual Checks Issued As Needed For Emergencies
• Weekly Accounts Payable Aging Report
• Record Sales Invoices
• Email/Mail Customer Invoices and Statements
• Record Customer Payments
• Track Customer Under Or Over Payments
• Weekly Accounts Receivable Aging Report
• Record Payroll
• Break Out Payroll, Payroll Fees and Payroll Taxes
• Employee Activity – Update Employees Records
• Prepare Spreadsheet For Payroll Processing and Transmit To Your Payroll Company
• Track Employee Advances

Bookkeeping Functions Performed Monthly:

• Prepare Bank Account Reconciliation
• Record Individual Credit Card Purchase Transactions
• Prepare Credit Card Reconciliation
• Prepare Month-end Adjusting and Closing Journal Entries
• Maintain Vendor W-9 Information
• Create Collections Process

Monthly Reporting:

• Balance Sheet
• Profit and Loss Statement – Month
• Profit and Loss Statement – Year-to-Date
• Cash Flow Statement
• Accounts Receivable Aging
• Accounts Payable Aging
• General Ledger
• Bank Reconciliation Report
• Credit Card Reconciliation Report
• 3 custom QB reports

Additional Services:

• Monthly or Quarterly Telephone Consultation to Review Financials
• Budgeting
• Forecast
• Sales Tax Reporting
• Tax Preparation
• Tax Planning
• Estimated Tax Payments
• Virtual File Room
• Financial Dashboard