Types of Bookkeeping Services 2023
Bookkeeping is an important building block of every business as it contributes to financial management. Businesses may use a variety of bookkeeping services to maintain their financial records and make sure they are correct and current. Some of the most popular kinds of bookkeeping services are listed below:
Download Our Free Brochure →- General Bookkeeping: In this process, all financial transactions, including sales, purchases, receipts, and payments, are recorded in a general ledger.
- Accounts Payable: This entails keeping track of and managing the money a company owes to creditors, suppliers, and other parties.
- Accounts Receivable: It encompasses keeping track of and managing the money a company is owed by its clients or customers.
- Payroll: Managing payroll entails handling benefits, taxes, and employee remuneration, including wages.
- Bank Reconciliation: This process entails ensuring that a company’s accounting records and bank statement are accurate.
- Financial Statements: This entails creating financial records like cash flow statements, income statements, and balance sheets.
- Inventory management: This comprises monitoring and controlling a company’s inventory expenses and levels.
- Tax preparation: This comprises creating and submitting tax returns for both individuals and businesses.
- Financial analysis: This involves studying financial data to spot patterns and chances for development and advancement.
- Budgeting and forecasting: This process deals with developing budgets for expenditure and financial projections to assist organizations in making well-informed decisions for the future.
All these types of bookkeeping services are offered to companies and businesses of all types and sizes. Based on their need and requirement and various other factors business owners choose the services they want. The requirement of these services depends on the financial objectives of the organization.
Why choose Remote Books Online?
Your business isn’t bookkeeping, but ours is. Let us take care of your books for you. We have your needs covered with back bookkeeping, real-time bookkeeping, bookkeeping, and payroll services, and full-time or part-time bookkeepers, so you can get back to doing what you do best. Not only this, but we will also help you get your books up-to-date quickly and easily and ready for taxes, loans, or other transactions, for a clear picture of your business’s financial situation.
Dedicated Bookkeepers: You will be assigned a dedicated bookkeeper and meet with one of our lead accountants. (All of our dedicated lead accountants have at minimum a four-year accounting degree, and many are CPAs.)
Automated Systems: Our automated and secure web service will download your statements every month and send them to your dedicated lead bookkeeper. The bookkeeper imports the bank statements into your QuickBooks Online account or QuickBooks Desktop account, categorizing monthly transactions and preparing the necessary financial statements.
Back Bookkeeping: Behind on your books? No need to worry! Back bookkeeping services help you get fully caught up with tax-ready financials in less than a week.
Tax-Ready Financials: Remote Books Online completes your bookkeeping and financial statements for filing taxes.
Data Security: We take the security and privacy of our customers seriously. We protect your data with 256-bit SSL/TLS encryption—the same level of encryption as online banking.
Try Remote Books Online for FREE!
Remote Books Online enters all transactions and necessary journal entries as well as reconciles one month of your books for free. This free consultation allows you to see exactly how we remove the stress and frustration of bookkeeping from you. We want you to experience and evaluate our bookkeeping service and process for yourself and start to build the basis of a long-term relationship.
Download Our Free Brochure →Get the professional bookkeeping services you need in New York. Speak with an agent to get a quote and set up an appointment with a Certified QuickBooks Pro Advisor to go over your books.
