Bank Account and Credit Card Statement Reconciliations:
All bank and credit card transactions are properly categorized manually or electronically to the proper accounts. These accounts are reconciled monthly to ensure accuracy and reports are generated and shared with business owner within days after receiving the bank statements. Comments and suggestions are offered with each report and zoom meetings or telephone calls with business owners are always available.

Bookkeeping Clean-Ups:
Business owners often times fall behind in bookkeeping duties or completely mess up their records while operating their business. Clean-ups can be done quickly and efficiently to return the books to order for income tax return preparation. 

Accounts Receivable and Payable:
Many businesses deal with customers that purchase goods and services with "terms" on payments. There may be discounts offered or late payment fees included. The process involves invoicing with payments received at a later date. Monthly reports can be customized to show payments due in 30-60-90 days and reminders can be sent to customers for past due accounts. The same process is involved for purchases made from vendors. Reports are created monthly to show amounts due to each vendor and which accounts might be past due and require immediate attention. 

Inventory Management:
Product-oriented businesses normally maintain a certain amount of inventory on hand and must account for the value of the items sold and the value of the items kept on hand. Proper bookkeeping is necessary and may have substantial impact on the profitability of the business and tax consequences as well. Maintaining proper levels of inventory can be critical as it can affect potential sales and cash flow concerns for the business. QuickBooks allows for operators to set optimal levels of inventory per product and will alert the bookkeeper when levels drop below preset levels.

Payroll Processing:
QuickBooks offers it's own payroll module but business owners have various options. Some may process their own payroll and share the summary reports with the bookkeeper to enter manually. Some may outsource their payroll processing to a third party capable of sharing payroll summary data with the bookkeeper electronically. And others may choose to have their bookkeeper process payroll from start to finish and be responsible for employee withholdings and employer payroll taxes and filing reports in a timely manner.

1099 Filings:
Any independent contractor paid more than $600 annually by the business must receive a Form-1099 from the business and the business must report thos payments to the IRS. It is crucial that these are filed timely and accurately to avoid penalties.