BUSINESS BOOKKEEPING SERVICES: WHY INDUSTRY SPECIALIZATION MATTERS
When looking for a partner to manage the financial aspects of your business, it is ideal to engage with a business bookkeeping service that specializes in your niche. The reason for this is two-fold: the firm is familiar with the general ledger, industry standards, and best practices of businesses in your industry. A specialized bookkeeper knows exactly what expenses need to be categorized, and where, in customized general ledgers. Second, not only are they able to speak your language and understand the individual pain points, but they know how to get the most out of possible deductions. They will also know how best to manage the business financials to make end of year and tax filing with your CPA as seamless as possible.
AccountingX helps your business grow. We take the time to build a relationship with you and your team, understanding your business needs for the overall health and growth of the business.
Our focus is providing top of the line business bookkeeping services for the following industries:
• Bookkeeping for Medical Offices
• Bookkeeping for Professional Service Firms
• Bookkeeping for the Entertainment Industry
We combine accounting, bookkeeping, controllership, and financial advisory services to deliver a comprehensive management partner for your individual needs.
What exactly does business bookkeeping services include?
• Data entry
• Bank and credit card reconciliations
• General Ledger
• Accounts Payable
• Accounts Receivable
• Invoicing and billing
• Payroll reporting
• Accounting software set-up and training
• Customized chart of accounts and reports
• Key metrics/key performance indicator tracking
• Yearly or Quarterly budgets
When you outsource the back office functions, it frees up valuable time that can be spent growing your business. High availability of financial data, that is updated in real time, provides the data that you need to make important decisions.
Having access to this information ensures that you will never operate or make decisions blindly. You will always have the knowledge you need, and advice you can trust, to avoid crises and make plans for the future.
For more information on how to partner with an industry specialist for your business bookkeeping needs, contact us today for a free consultation.
