Who it is for
Businesses with 20 or more employees where the owner or office manager keeps the books after hours, or where the books are months behind.
How it works
- A bookkeeper records income and expenses as they happen.
- Each month, every bank and card account is reconciled against its statement.
- Payroll and benefit deductions are matched to the books, so what you withheld lines up with what you paid.
- You get a profit and loss statement and a balance sheet every month.
- At year end, your CPA gets clean books to work from.
What to bring to the call
- The accounting software you use now, if any.
- Your last bank and card statements.
- Reports from your payroll provider.
- A rough idea of how far behind the books are.