What's the difference between Accounting and Bookkeeping anyway?
I am often asked this question. So, here's the simple answer:
An accountant creates the financial accounting system that contains the daily income/expense transactions of a business. They also perform accounting analysis of the business to help the owner with: Business management, Taxes, Forecasting, and more.
A bookkeeper is usually responsible for the data entry of the daily transactions into the accounting system.
For your convenience we offer Monthly Bookkeeping services that include:
- Post income and expenses
- Reconcile bank, credit card, and loan statements
- Tangible and Intangible Asset Management
- Depreciation & Amortization of Assets
- Accounts Receivable and Accounts Payable
- Monthly, Quarterly, and Annual Profit & Loss Reports
- Monthly, Quarterly, and Annual Balance Sheet Reports
Bookkeeping source documents can be delivered in several ways:
- Use the convenient 24/7 mail slot near the front door of the office
- Scan and email non-sensitive documents
- Upload to a secure shared DropBox folder