Monthly/Quarterly Bookkeeping

Service Description

Bookkeeping Services What Is It: Comprehensive recording of financial transactions, including accounts payable/receivable, general ledger maintenance, and bank reconciliations. We generate accurate financial statements (Profit & Loss, Balance Sheet) to ensure up-to-date records for compliance and decision-making. Our service includes a monthly or quarterly review to verify accuracy and provide insights into financial performance. Pricing: ∙ Monthly Retainer: Starting at $300/month (based on transaction volume and complexity; up to 50 transactions). ∙ Quarterly Retainer: Starting at $800/quarter (based on transaction volume and complexity; up to 150 transactions). ∙ Hourly Rate: $75/hr for ad-hoc or project-based work (e.g., catch-up bookkeeping, custom reports). ∙ Bundling Discount: 10% off when combined with three or more add-on services (e.g., Tax Audit Support, Financial Dashboard Setup). Items Covered in Service: ∙ Transaction Recording: Accurate entry of all financial transactions (sales, expenses, payroll, etc.) into accounting software. ∙ Account Reconciliation: Monthly/quarterly reconciliation of bank accounts, credit cards, and other financial accounts to ensure accuracy. ∙ Financial Statements: Preparation of Profit & Loss, Balance Sheet, and Cash Flow statements for clear financial insights. ∙ Ledger Maintenance: Ongoing management of general ledger to support tax preparation and audits. ∙ Compliance Support: Ensuring records meet IRS and state requirements for audits and tax filings. ∙ Performance Review: Monthly or quarterly consultation (30 minutes) to discuss financial health and identify cost-saving opportunities. ∙ Customized Reports: Tailored reports (e.g., expense analysis, revenue trends) upon request during retainer periods. Bonus Inclusions (Free for Clients with Crypto or Real Estate Transactions): ∙ Cryptocurrency Transaction Tracking: Specialized recording and reconciliation of crypto transactions (e.g., trading, staking) with a free Excel-based crypto tracking template. ∙ Real Estate Bookkeeping: Detailed tracking of real estate-related transactions (e.g., rental income, property expenses) with a free rental property expense tracker. Deposit Options: ∙ 50% of the first month’s or quarter’s retainer due upfront. ∙ Estimated 2-hour minimum ($150) for hourly projects, due upon engagement.