Basic Bookkeeping: Recording daily financial transactions, including sales, purchases, receipts, and payments.
Accounts Payable & Receivable: Managing bills and invoices, tracking who owes money and what your clients owe to others.
Bank Reconciliation: Ensuring that your clients' financial records match their bank statements by reconciling the accounts.
Payroll Processing: Handling payroll for your clients, including calculating wages, withholding taxes, and issuing paychecks or direct deposits.
Financial Reporting: Preparing key reports such as income statements, balance sheets, and cash flow statements to give your clients an overview of their financial position.
Tax Preparation and Filing: Assisting clients with preparing and filing their tax returns, including organizing documents and tracking tax deductions.
Budgeting and Forecasting: Helping your clients create a budget and offering forecasting to track financial goals and growth projections.
Expense Tracking: Monitoring and categorizing business expenses to help clients manage their spending.
Tax Planning: Analyzing the customers financial situation and providing strategies such as maximizing deductions, managing retirement contributions, and timing income and expenses effectively, you can help them reduce their tax burden throughout the year.
Tax Planning:
