MANAGERIAL BOOKKEEPING

Bookkeeping is more than inputing your reciepts into a platform

MANAGERIAL BOOKKEEPING:

With managerial bookkeeping we provide day-to-day financial tracking system to maintain financial statement clarity. We transcend merely recording financial transactions to encompass a more comprehensive and strategic approach. Unlike traditional bookkeeping, which focuses on accurately logging receipts and expenditures for compliance and historical record-keeping, managerial bookkeeping plays a pivotal role in strategic decision-making and business management.

WHAT TO EXPECT FROM THIS SERVICE:

  • Thorough analysis and configuration: By working with you to understand your business, we are able to set up your chart of accounts to work for you while adhering to GAAP standards.
  • Recording of all transactions: Depending upon your needs, we record transactions along with necessary documentation weekly, semi-monthly or monthly. We make this convenient for you by setting up easy electronic communication – it will be just like we’re there in your office.
  • Efficiency and Accuracy: We focus on efficiency and accuracy, minimizing the risk of errors and ensuring a smooth audit experience.
  • Timely reports: We close out each month within 5 business days then deliver insightful reports that we have developed specific for your business. Commonly requested reports include the “big 3” – profit & loss statement, cash flow statement, and balance sheet but also reports like sales channel profitability.