It's all about the numbers
We use two software products for accounting online. Although I prefer using a desktop version for accounting, we can maintain our "Transparency" policy better with online versions.
As a client you may choose whether you prefer QuickBooks Online or WaveApps. There is a monthly fee for Quickbooks, while WaveApps is free. Both products charge additional fees for Payroll and Inventory modules.
We will set up your software with you as the owner with your own log-in credentials. Then we will be "invited" to the program as the "Accountant". This way you have full access to the information and may have as much control as desired. You will also be able to create reports and see transactions on demand. We also encourage connecting your bank account(s) to the software to ensure accurate transactions. In addition, receipts can be uploaded to each transactions. This can be done with a smart phone at your convenience or we will do it for you if you send us the receipts.
Initial Set up
Monthy transaction review
Monthly bank reconciliation
Monthly financial reports
24/7 access to client portal - Free
One hour - one-on-one consulting - Free
Plus Software fee for payroll
Compute periodic paychecks $5.00 fee for each paycheck computed.
File quarterly payroll reportsstate and federal
File state unemployment compensation reports
Set up Workers Compensation account
File Workers Compensation audits and reports
File annual payroll reports
Prepare W2s and 1099s
Create Fixed Asses Accounts
Enter depreciation transactions
Periodic adjusting entries
Maintain Customer List
Enter/create invoices to customers
Send monthly statements to customers
Enter payments from customers
Maintain Vendor List
Enter bills from vendors
Schedule payments to vendors
Record payments to vendors