Frequently Asked Questions

FAQ

When should I contact an accountant?

As soon as you start to think about your business, an accountant can help you take the next steps. We can discuss your business’s organization, tax purposes and operations, along with target pricing and profit margins.  

Is my business too small for a bookkeeper?

 It doesn’t matter what size your business is. A bookkeeper can be an asset to your business. You can free up more of your time to concentrate on your business and customers, while we get your accounts completed for you. By getting your accounts complete on a regular basis you can ensure that you are making a profit and look at any problems that the business may have on a monthly basis instead of year end surprises. 

 

How can I know which accountant is right for me?

Does your accountant return your calls? Do you feel comfortable asking them a question? Do you feel heard? With the right accountant, the answers should be a resounding “Yes!”

 

What's included in the Basic Bookkeeping package?

 Every month we will categorize all business related income and expense transactions and issue you a monthly financial statement consisting of a Balance Sheet and a Profit and Loss. These reports will help you understand your business past to make decisions on your business future. They are required in order to do any tax planning or to fund your business with mid-year loans. Unlimited email and text support is also included.   

 

What's not included in the Basic Bookkeeping package?

Anything above and beyond basic tracking of income and expense items for the month is not included in the monthly price. However, additional services are available as an add-on to your basic bookkeeping package, These add-on’s include: accrual basis accounting, detailed financials showing class tracking or job profitability, invoicing, bill payment, payroll sales tax filing, and legal help. Monthly strategy sessions are also available for additional fees. 

Is Quickbooks Online required to sign up for bookkeeping services?

 Yes. Our team must use Quickbooks Online in order to handle the bookkeeping. Versions – Essentials, Plus, or Advanced are all acceptable. simple Start or Quickbooks Self-Employed are not. If you have a current subscription, you are ahead of the game. No need to get another subscription. If you do not currently have a subscription, the on-boarding videos will walk you through how to get that setup. We are able to offer 50% off to our new clients for 12 months. This is the best discount you can get with Quickbooks Online. We highly recommend signing up for Essentials or Plus to start. 

 

Do you require a contract?

Nope! No contract is required. However, there are no partial month refunds.

Is an engagement letter required?

Yes, an engagement letter is required.