My routine bookkeeping and accounting tasks ensure the smooth operation and financial health of your business, performed at various intervals—daily, weekly, monthly, quarterly, and yearly. These tasks include:

• Weekly Transaction Recording: Keeping accurate records of all financial transactions helps you stay organized and ensures you have a clear financial picture at any given time. This accuracy is essential for making informed business decisions and maintaining financial stability.

• Account Reconciliation: Regularly reconciling your bank accounts, credit cards, and other financial accounts ensures that all transactions are correctly recorded and helps detect any discrepancies early. This practice keeps your financial records accurate and reliable.

• Financial Reporting and Analysis: Preparing and reviewing financial statements, such as profit and loss statements, balance sheets, and cash flow statements, provides insights into your business’s financial health. Analyzing these reports helps you understand where your business stands and what improvements can be made for better financial performance.

• Invoicing and Receivables Management: Issuing invoices promptly and tracking receivables ensures that you get paid on time, maintaining a healthy cash flow. This practice helps you avoid cash crunches and keeps your business running smoothly.

• Accounts Payable Management: Managing vendor payments and ensuring bills are paid on time maintains good relationships with your suppliers. Timely payments prevent any service disruptions and can even result in favorable terms or discounts from vendors.

• Monthly and Yearly Closings: Performing monthly and yearly financial closings ensures all accounts are accurate and complete, providing a clear financial picture. These closings help in assessing the financial performance over time and prepare you for tax filings and financial planning.
• Compliance Checks: Ensuring all financial practices adhere to relevant regulations and standards helps you avoid penalties and legal issues. Staying compliant keeps your business operations smooth and worry-free.
• End-of-Year Preparation: Preparing necessary documents and reports for year-end financial review and tax filing ensures you are ready for tax season. This preparation reduces stress and helps you avoid last-minute rushes.

By performing these routine bookkeeping and accounting tasks, I help ensure the smooth operation and financial health of your organization. From daily transaction recording to year-end preparation, these practices provide you with a clear financial picture, empower informed decision-making, and lay the groundwork for long-term success.

*This list is not exhaustive but provides a general overview of the essential tasks I perform to keep your financials in check.*

My bookkeeping cleanup and catchup services help bring your financial records up-to-date and ensure they are accurate and reliable. These tasks include:

• Reviewing Historical Transactions: Carefully reviewing past financial transactions to identify and correct any errors or discrepancies. This ensures your records are accurate and complete.

• Categorizing Transactions: Categorizing past transactions into the appropriate accounts to provide a clear and organized financial picture. This helps in understanding your financial history.

• Reconciling Accounts: Reconciling bank accounts, credit cards, and other financial accounts to ensure all transactions are accounted for and match your financial records. 

• Clearing Up Unpaid Invoices and Bills: Identifying and addressing any outstanding invoices or bills that need attention. This helps in maintaining good relationships with clients and vendors.

• Updating the Chart of Accounts: Reviewing and updating your chart of accounts to ensure it accurately reflects your current business structure and financial activities. This provides a solid foundation for ongoing bookkeeping.

• Generating Accurate Financial Reports: Preparing accurate financial reports, such as profit and loss statements, balance sheets, and cash flow statements, based on the cleaned-up data. These reports provide valuable insights into your business’s financial health.

• Addressing Compliance Issues: Identifying and resolving any compliance issues related to past financial records. This ensures your business adheres to relevant regulations and avoids potential penalties.

• Preparing for Tax Filing: Ensuring all necessary documents and reports are ready for tax filing. This preparation reduces stress and helps you meet tax deadlines without issues.

• Setting Up Systems for Ongoing Bookkeeping: Implementing systems and processes for ongoing bookkeeping to maintain accurate and up-to-date financial records moving forward. This keeps us aligned and ensures we stay on the same page.

By completing these cleanup and catchup tasks, I help you achieve a clear and accurate financial picture, setting the stage for better financial management and decision-making.

*This list is not exhaustive and will be adjusted to meet the specific needs of your business.*