FAQs:
1. What services do you offer as a bookkeeping service?
-Transaction Recording: Accurately entering all financial transactions into the accounting system, including income, expenses, and transfers.
-Accounts Receivable and Payable Management: Tracking amounts owed by customers (receivables) and amounts the business owes to suppliers (payables), and managing timely invoicing and bill payments.
-Bank Reconciliation: Ensuring that the business’s financial records match up with bank statements, helping to catch and correct any discrepancies.
-Financial Reporting: Preparing key financial reports, such as profit and loss statements, balance sheets, and cash flow statements, to help businesses understand their financial position.
-Cash Flow Management: Monitoring cash flow to ensure that the business maintains adequate funds to cover its operations and to identify potential shortfalls or surpluses.
2. How experienced is your team in bookkeeping?
Our bookkeeping team brings together a wealth of experience, with seasoned professionals who have extensive backgrounds in finance and accounting. Each member is well-versed in the latest bookkeeping practices and accounting software, ensuring that we provide knowledgeable and up-to-date service. With a collective experience spanning multiple industries and business sizes, our team is equipped to handle a diverse range of bookkeeping needs with precision and expertise for the Real Estate Industry.”
3. Can you handle my bookkeeping needs remotely?
Absolutely! We offer remote bookkeeping services to cater to your needs and ensure convenience.
4. Do you work with individuals or businesses?
We work with both individuals (Real Estate Agents) and businesses (Real Estate Brokers, Investors, CPA’s and Accountants) of all sizes, tailoring our services to meet your specific requirements.
5. How do you ensure the accuracy of financial statements?
-Diligent Data Entry: Carefully recording all financial transactions with attention to detail to minimize errors in data entry.
-Regular Reconciliation: Routinely reconciling bank statements with the general ledger to catch and correct discrepancies.
-Implementing Internal Controls: Establishing robust internal control procedures to prevent errors and detect fraudulent activities.
-Use of Reliable Software: Utilizing reputable accounting software that reduces the risk of human error and helps in maintaining consistent records.
-Staying Informed: Keeping up-to-date with accounting standards and financial regulations that affect the way financial statements are prepared and presented.
-Double-Checking Work: Reviewing financial data regularly to ensure that all entries and calculations are accurate.
-Professional Development: Engaging in ongoing education to maintain and enhance accounting knowledge and skills.
-Peer Review: Having another team member review the financial statements can provide an additional layer of scrutiny.
-Client Communication: Working closely with clients to ensure that all relevant financial information is accounted for and understood.
By following these practices, a bookkeeper can help ensure the reliability and accuracy of the financial statements they prepare for their clients.
6. Can you assist with tax compliance as well?
Yes, we provide tax compliance services via referral to our CPA’s, ensuring that you meet all regulatory requirements and deadlines.
7. What software do you use for bookkeeping?
We are proficient in Quickbooks Online bookkeeping software and can work with the one that best suits your business needs.
8. How do you ensure data security and confidentiality?
We prioritize data security and confidentiality, implementing strong security measures and strict privacy policies.
9. What are your pricing options? click here for pricing
We offer flexible pricing options, including one-time and monthly packages, tailored to your specific bookkeeping needs.
10. How soon can you start working on my books?
We aim to start working on your books as soon as possible, typically within a week of discussing your requirements.
11. Can you assist with budgeting and financial planning?
Yes, we can help you with budgeting and financial planning to ensure your financial stability and growth.
12. What types of industries have you worked with?
Our experience spans across various industries, including Real Estate Brokers, Investors, CPA’s , Accountants and Productions Companies,.
13. Can you help with payroll management? click here
Absolutely! We can handle payroll management, by referring you to ADP.
14. Do you provide ongoing support and guidance?
Yes, we are committed to providing ongoing support and guidance to address any questions or concerns you may have. You may want to consider our CFO services. Click here to learn more.
15. How can we get started with your bookkeeping service? Click here to reach out.
Simply reach out to us through phone or contact request, and we’ll guide you through the process of getting started with our bookkeeping service.
