Fractional Outsourced Bookkeeping Services:

Record and categorize daily financial transactions

Manage accounts payable and receivable

Process and reconcile bank and credit card statements

Maintain accurate and up-to-date general ledger

Organize and store financial documents

Ensure proper audit trail for all transactions

Generate monthly financial statements

Prepare cash flow reports

Develop customized financial reports as needed

Compile necessary financial information for tax filings

Assist with sales tax calculations and remittance

Provide organized financial data to tax professionals

Perform regular account reconciliations

Identify and resolve discrepancies

Ensure accuracy of financial records

Implement and manage accounting software

Set up automated financial processes

Integrate bookkeeping systems with other business tools

Assist in maintaining financial records for regulatory compliance

Help prepare documentation for audits or reviews

Stay updated on relevant accounting standards and regulations