QuickBooks does require a little bit of understanding of accounting. As a part of our bookkeeping services for small business, we study and evaluate your accounting needs & recommend what software/hardware you need. We take up the tedious financial tasks off your plate so you can focus on running your business.
We study and evaluate your software and accounting needs to recommend to you the most suitable software version and hardware requirements. We are there with you since the very beginning phase of installing the software to setting up chart of accounts and entire accounting package. We take care of your end-to-end setup including payroll, accounts receivable, inventory, accounts payable, etc.
Using QuickBooks is fairly easy, but what is tricky is the determination of your QuickBooks starting date. It depends on a lot of aspects which requires a significant accounting knowledge to get it right. We help you in loading your chart of accounts and balances as of that starting date. At the same time, we also prepare a list of the items that you sell to your customers. So there’s your inventory taken care of alongwith the services, inventory parts, non-inventory parts, other charges and sales taxes margins that you want to set.
We establish a proper pay cycle for you including your outstanding accounts receivable and accounts payable details as of your starting date. We review your books on a monthly, quarterly or annual basis to assist in tax preparation and management reports.
Not just that, our team of financial experts also train you and your staff in using the software so that you meet your own accounting, management and tax needs on your own. We invest in always keeping you ‘on the right track’ at only a one time setup cost.