As a business owner, you likely have more important things to focus on than bookkeeping – which is where a good bookkeeping service can come in handy. What we do instead is process your business transactions into a profit and loss report, balance sheet, and reconciliation report. The first thing we explain to clients and want them to know about our services is that we do not bill your customers, write checks for you, or pay your bills. New statements come every month with transactions to record and sort through. Our trusted outsourcing services make it easier to not only Be In Business in Hawaii, but to Succeed in it.
- Bookkeeping services can be a great help to your business, especially if you are not familiar with accounting and financial transactions.
- You can concentrate on running your business with complete confidence while we handle your books.
- Not only is bookkeeping a time-consuming process, but it’s also critical to ensuring your business is compliant with all relevant regulatory and statutory laws.
- These are just some aspects of bookkeeping we can do, so you can focus your business day on exactly that – your business.
Some clients we talk with almost daily, others weekly or monthly and some on a quarterly basis. The level of bookkeeping and other services is created to fit you and your company specifically, not a general template. Are you https://accounting-services.net/bookkeeping-charleston/ new to running a small business or are you looking to brush up on how to keep track of your business transactions? We do not overcharge as many similarly determined and high-level professional bookkeeping specialists might.
General Excise Tax (GET)
These are just some aspects of bookkeeping we can do, so you can focus your business day on exactly that – your business. Our existing clients have all their books and data ready for the Accountant in the 1st week of January, if not January 1st. To do this, we will need your bank and credit card statements each month. The problem is, recording business activity is a TIME DRAIN that never ends. We can make that difference for you through our proven services, which can be done remotely.
This includes tracking sales income, expenses, assets, and liabilities. By having a bookkeeper maintain your records, you will have a clear snapshot of the financial position and performance of your business. Incorrect financials or delayed reporting can only undermine your integrity and seriously threaten your businesses long term viability. The only way to ensure you are making the best decisions for your business is to ensure that you have all the data at your fingertips. HiAccounting assures that Hawaii companies have the proper tracking and reporting resources to stay on track and above board at all times. You can concentrate on running your business with complete confidence while we handle your books.
First Choice Accounting Services
For example, we might want to look at your mid-year estimated tax planning to see if you are on track with your estimated tax payments. We are at full capacity at this time and can only take a very limited number and scope of new clients through attrition of our current Bookkeeping Honolulu clients. When it comes to bookkeeping, many small business owners find themselves feeling overwhelmed. Not only is bookkeeping a time-consuming process, but it’s also critical to ensuring your business is compliant with all relevant regulatory and statutory laws.
Bookkeeping, on the other hand, is a service offered by accounting firms to small businesses. It’s crucial to understand, however, that bookkeeping services are not the same as accounting services. While bookkeepers maintain day-to-day financial records, accountants prepare, report, analyze, and summarize financial data collected by bookkeepers. So if you’re looking for more in-depth insights into your company’s financial standing, you may want to consider hiring an accountant in addition to a bookkeeper.