Transaction recording involves the process of recording a company's financial transactions, such as sales and expenses. Reconciliation is the process of comparing the recording data to external sources, such as bank statements, to ensure that all financial records are accurate and reliable.
Chart of accounts management is the process of organizing and categorizing a company's financial transactions into specific categories (accounts) which will then be populated into financial statements such as the income statement, balance sheet, and cash flow statement.
Accounts receivable management is the process of tracking and managing the money that a company is owed by it's customers for goods/services. This includes invoicing, tracking payments, following up on late payments, and managing bad debt.
Accounts payable management is the process of tracking and managing the money that a company owes to it's vendors or suppliers for goods/services. This includes invoices, tracking due dates, making payments, and reconciling accounts.
The management of payroll processing includes the distribution of employee salaries, taxes, and other benefits; as well as maintaining accurate records of employee hours worked and other payroll data.
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Let's face it, most entrepreneurs did not start their businesses in order to spend hours a week organizing their books and managing their finances. MinnieBooks as an outsourced bookkeeper is a vital part of any small business because we ensure that your financial records are accurate and up to date, allowing you to focus on what's most important to you within your business. Additionally, we help you comply with tax regulations, manage your cash flow, and help identify opportunities for growth. With our help, your finances will be managed more effectively to build a strong and sustainable business.
At MinnieBooks, we believe in providing personalized bookkeeping services that are tailored to meet your specific needs. Because every business is unique, we do not have a set fee structure. Instead, we work with you to determine which services are needed and create a customized plan that meets your budget. Our goal is transparent pricing with no surprises, so you'll only be charged for the services you need and nothing more. To learn more about the pricing of our services please book an appointment now!
While MinnieBooks does not have a CPA on our team, our founder is a financial professional with extensive experience in bookkeeping and accounting. We can provide you with accurate financial records and help you prepare for tax season by working closely with your CPA or other tax professionals. Additionally, we have experience working with a variety of professional vendors including loan brokers, CPAs, and other hired agents who may require financial documentation. As a client of MinnieBooks, we can also help search for and connect you with other professional vendors such as CPA's who best fit your current business needs.