General
The accounting experts who work for Bookkeeping Pro Services have experience in working for numerous accounting platforms. They include QuickBooks, Microsoft Dynamics GP and many more.
We will pay attention to detail while managing all the accounting entries. Our accounting experts will double check and ensure that such errors will not take place as well.
If accounting work is done properly, there is no possibility for this to happen. Hence, make sure that you stick only to experienced and reliable virtual accounting services.
Bookkeeping
A bookkeeper will be a certified individual, who will be taking records of all financial transactions of your business. The financial transactions will be recorded in the General Ledger. It will include details about your income and expenses.
Bookkeeping is the process where all the day to day financial transactions are recorded. However, accounting is different as it provides subjective financial insights to the business owners.
Bookkeeping will be able to help you with managing your daily income and expenses. Hence, you can make sure that you manage your money in an effective manner to secure a profitable financial future.
Yes, we will be able to help. Even if you are running behind the schedule, it will not be a challenge for our experienced bookkeeping experts.
Payroll
Payroll processing is the process where the wage payments for employees of your company will happen. This includes collecting the information of employees, managing their deductions and benefits and making the accurate salary payment.
Yes, we are licensed to offer payroll management solutions to all the states.
If you can download the Xero mobile app, you will be able to run the payroll on your mobile app. Our online accountant can guide you on how to do it.
You will need to keep the payroll records for a duration of up to six years in most of the states. In some states, it is only five years.
Tax Preparation
The amount of money you have to pay as taxes vary based on your tax liability. We will be able to calculate your tax liability and try our best to reduce it by paying attention to tax deductions. Then your small business can reduce the overall tax burden.
The quarterly estimated taxes will be determined when you are filing the tax returns for previous financial year. In here, you will be dividing the overall tax liability of the previous year by four and calculating estimated tax payments.
Yes, a small business can get a tax refund. We will help you to highlight all your overpayments and get the maximum tax refund.