The purpose for both is keeping track of your company's income and how it spends that money. Bookkeeping is the day-to-day record keeping such as managing the receiving and payment of bills, managing the sales and receiving of payment from customers, and payroll processing. Accounting is the next step after bookkeeping. It starts where bookkeeping left off: Reviewing the bookkeeping processing, completing bank reconciliation, credit card reconciliation, completing payroll tax returns, sales tax returns, property tax returns (571-L), and compiling the periodic financial reports that summarize all of the record-keeping data.business's organization, tax purposes and operations, along with target pricing and profit margins.
Start by calling us. We can organize your records, set you up on Quickbooks Online and get your accounting up and running. Do not be ashamed of paperwork. We love paper!
With the technology available in the 21st Century, a bookkeeper can work from anywhere. We have the right software and other features in place to ensure the our clients get the highest quality service
Bookkeeping Essentials LLC sets up and trains clients on Quickbooks Online, allowing the owner/staff to maintain the accounting themselves in the software. We recommend that we "check-in" on your Quickbooks file to make sure things are being entered consistently and accurately so there are no surprises at year end.