MONTHLY BOOKKEEPING & FINANCIAL REPORTING
All monthly bookkeeping includes the following:
1-hour remote meeting to review the financials and any questions related to the financials (not mandatory but available if needed)
Management of Chart of Accounts with proper tax mapping and compliance to GAAP or other accounting principles.
Financial reports that are useful for you as the owner as well as third parties (such as banks for business loans)
Monthly email with detailed financial analysis sent before 1-hour meeting
This rate is for companies with simple revenue streams that either provide a service or product. Up to 3 bank accounts to manage, and typical and recurring monthly expenses. No employees and up to 20 subcontractors. Business Types include (but aren’t limited to):
Service based - Ex. tutoring, classes, massage, etc
Product based - Body products, clothing, prepacked foods, digital products etc
This rate is for companies with simple revenue streams that are derived from both products and services. Up to 6 bank accounts to manage, both typical and recurring monthly expenses and non-typical monthly expenses. The company has fixed assets that require depreciation as well as prepaid accounts that require amortization. Up to 20 W-2 employees and up to 20 subcontractors. Business Types include (but aren’t limited to):
Service based - Corporate consulting, Hair Stylists, Professional Shopper
Product Based - Real Estate Rehabs, Home Improvement, Home repair, etc.
Service & Product Based - Restaurant, Insurance Sales, Computer Hardware & Software, etc.
This rate encompasses the business type described in the intermediate offerings as well as at least one of the following:
Has more than one shareholder/investor (or owner)
Is a Non-profit Organization
Requires valuation of inventory on a consistent basis (such as cryptocurrency)
Deals in multiple currencies