Question 1

Which accounting software do you work with?

Accepted Answer

QuickBooks, Xero, and Zoho Books are our primary platforms — we can set up a new account or work within your existing one, and can advise on which platform best fits your business if you haven't chosen yet.

Question 2

How far behind can bookkeeping get before it's a problem?

Accepted Answer

Any amount of backlog is fixable, but the longer books go unreconciled, the harder cleanup becomes and the more it risks incorrect tax filings — we regularly take on multi-month or multi-year catch-up projects.

Question 3

What's the difference between bookkeeping and accounting?

Accepted Answer

Bookkeeping is the day-to-day recording and reconciliation of transactions; accounting includes that plus higher-level analysis, financial statement preparation, and strategic advice. Bookkeeping is the foundation everything else is built on.

Question 4

Do you handle payroll as part of bookkeeping?

Accepted Answer

Payroll is available as a related but distinct service — see our dedicated Payroll Services — and we often bundle the two for clients who want one point of contact for all recurring financial operations.

Question 5

Can I just do my own bookkeeping instead of outsourcing it?

Accepted Answer

You can, and some business owners do it well — but it's easy to fall behind once the business gets busy, and errors compound quietly until tax season or a loan application forces a costly catch-up. Outsourcing usually pays for itself in time saved and mistakes avoided.

Question 6

Do I need to keep every single receipt?

Accepted Answer

For anything you plan to claim as a deduction, yes — especially larger expenses, since tax authorities can request documentation during a review. We can advise on exactly what needs to be retained for your jurisdiction and set up a simple system so it's not a scramble at year-end.

Question 7

What's the most common bookkeeping mistake you see?

Accepted Answer

Mixing personal and business expenses in the same account, by far. It makes reconciliation slower, muddies your real profitability, and can create genuine problems if your records are ever reviewed — separating them from day one is one of the simplest things a business owner can do.

Question 8

Cash or accrual — which basis do I need?

Accepted Answer

Cash basis records transactions when money actually moves, which is simpler for very small or service businesses. Accrual basis records revenue and expenses when they're earned or incurred, giving a more accurate picture for businesses with inventory, receivables, or more complex operations. We'll recommend the right one for your situation rather than defaulting to either.

Bookkeeping

What is Bookkeeping?

Who Bookkeeping is for

Small businesses without an in-house bookkeeper

Growing companies whose books have fallen behind

Businesses preparing for tax season or financing

What's included

How our Bookkeeping process works

Setup & Chart of Accounts

Transaction Recording

Bank Reconciliation

Monthly Close & Reporting

Frequently asked questions about Bookkeeping

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