Remote Outsourced Bookkeeping

Whether you have an internal accounting department or not, Bookkeeping Enterprises can assist with your weekly, monthly, and quarterly closings. Working alongside your existing accounting staff to assist in facilitating AP/AR, reconciliations, AJE’s etc. or simply taking on this entire workload for you. Everything can be done remotely with monthly in-person meetings (if desired) to review the financials. If online banking/credit card access is not provided, and scanning your documents into our system is cumbersome, we offer a courier service (free of charge) to pick up/drop off files (weekly, monthly etc. depending on your needs).

Bookkeeping Cleanup & Audits

Do you need your books converted to QuickBooks from scratch, need your books reconciled for an entire year or more or simply need to have your books audited/reviewed to ensure the entries are posted correctly? We can assist in all of these areas to get your accounting back on track. A detailed proposal will be provided, which reflects the different stages, milestones, and due dates in order to complete the project in its entirety.

1099 Reporting

This service includes the creation of the 1099’s, providing PDF copies for your records, mailing the 1099’s to all recipients via USPS, and mailing form 1096 to the IRS. If you need assistance with exporting the 1099 reports from your accounting software, we can provide these reports for you and/or assist with emailing/phoning vendors to obtain W9 forms.

Accounts Payable

Enter vendor invoices, process check-runs, and reconcile vendor statements as needed. Ensuring duplicate payments are not made, invoices are correct (no excess charges which need to be disputed or negotiated), and paid in a timely manner by their due date.

Business & Personal Bookkeeping

Some of the industries we specialize in are Aerospace, Architecture & Design, Chiropractic, Consulting & Professional Services, Hospitality, Manufacturing, Medical & Wellness, Real Estate, and Retail and Service to name a few. We also specialize in accounting for individuals. For most of our clients, we have one set of books for the business and another set of books for the owners. Many owners want to see what their monthly spending is, be up to date on their investment accounts, track their assets and payroll. We will provide a set of financials for the business and personal account each month, quarter etc. (depending on the desired deadline).

QuickBooks Training

Let our experts bring your staff up to speed. The staff at Bookkeeping Enterprises provides customized QuickBooks training. We will train you and your employees to utilize your software more efficiently and effectively. After the training sessions are complete, we’re here to provide support that’s just a phone call or email away. With the help of Bookkeeping Enterprises, your employees can gain practical knowledge and tips from professional bookkeepers with years of experience.

Accounts Receivable & Collections

Creation of customer invoices which can either be entered in your accounting software and not sent, entered in your accounting software and sent to you to send to your client, or entered in your accounting software and sent directly to your client. Once payment is received, we can post the payment to the o/s invoice and record the deposit. An AR report can also be provided on a recurring basis depending on your need. Should we need to assist with collecting on the o/s invoice, we can liaise with your client directly, to ensure they have everything needed and payment will be issued promptly.

Picture of a person using a calculator to separate their personal and business finances

Payroll

Payroll is the #1 item that is booked incorrectly in most companies. We will create and book the AJE to book payroll properly. Which includes tracking and recording wages, bonuses, commission, vacation, holiday, taxes, as well as, deductions and garnishments. To take it a step further, we can assist with setting up departments with your payroll company, so you can see in-depth the cost of each department within your company when running financial statements. Should you need assistance with processing payroll, we can recommend several companies which would be a good fit for you and your company.

Consolidations

Using our custom-designed formulated spreadsheets, Bookkeeping Enterprises will combine assets, liabilities, and other financial items of two or more entities into one. Where all subsidiaries report under the umbrella of a parent company.

Asset & Liability Reconciliations

Monthly or quarterly we will reconcile all asset & liability accounts to tie to the statements. Upon reconciling the accounts, a reconciliation report will be provided, along with, detailed notes pointing out uncleared deposits and/or checks (which are 60+ days outstanding and have not cleared your bank). We can set up bank feeds in your accounting software, which gives you an up-to-date balance of your accounts each day. This also cuts the amount of time in half to avoid doing data entry for transactions.

Policies & Procedures

Policies are important in a workplace, as it helps reinforce and clarify the standards expected of employees. They also help employers manage staff more effectively, as it defines what is acceptable and unacceptable in the workplace. Our policy creation procedure includes: identify a need, identify who will take lead responsibility, gather information, draft policy, consult with appropriate stakeholders, finalize/approve policy, consider whether procedures are required, implement, and monitor/review/revise.

Workman Compensation Review & Audits

Most businesses have their employees classified incorrectly (which is mainly directed by your insurance provider/broker). We will take a look at your departments and classify each employee to the appropriate department.  Then we will speak with the Workers Comp auditor to determine the correct classifications. We will then work directly with the auditor to obtain the list of reports and items needed for the audit. After gathering everything requested, we will coordinate with the auditor and HR/Owner for the in-person audit and will attend the meeting to ensure a smooth and successful audit.

Budgets

Do you need to set up a financial plan for future activities? Bookkeeping Enterprises will create budgets for Sales/Revenue detailed by products or services, COGS, Payroll, Optional Expenses and Non-Optional Expenses. The budgets are created by thoroughly reviewing every chart of accounts 6-month to 12-month trends, as well as, forecasting increases (salary, rent, insurance etc.)

Financial Audits

An Income Statement, Balance Sheet, and Cash Flow Analysis will be provided with each closing. Along with the financial statements, any questions/comments for the owners will be provided (unusual charges, missing information etc.)

Professional, Quality, Value.

Kimberly/Bookkeeping Enterprises was referred to me by my accountant about a year ago. Kimberly and the team have done an amazing job cleaning up my books for multiple businesses and providing timely, organized, and professional monthly reconciliations. They have helped me with payroll audits, apply for various loans, sales tax payments, and various other value-added services. I would highly recommend Bookkeeping Services for others looking to focus on their business while having a knowledgeable bookkeeper to focus on keeping finances organized.

Matt Scord

Business Owner

Industries

Extensive range of specialty and niche industry practices.

We manage small to medium-sized businesses’ books ranging from $1,000,000 to $20,000,000 in annual revenue and serving 100’s of happy clients in a variety of industries nationwide.

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Niche industry practices

Get in touch.

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Contact us today and see how we can help you with all of your accounting and bookkeeping needs.

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949.243.0032