WHAT DO BOOKKEEPING SERVICES INCLUDE?

For most businesses, the work required to handle bookkeeping responsibilities will necessitate a specialized bookkeeper to handle the books. In their typical day-to-day, a bookkeeper must:

• Develop and adhere to their employer's bookkeeping policies, procedures, and systems.

• Manage cash flow.

• Balance and maintain subsidiary accounts such as accounts payable, accounts receivable, and payroll.

• Prepare invoices.

• Keep track of overdue accounts.

• Categorize business transactions.

• Record bank deposits.

• Verify receipts.

• Maintain bookkeeping documentation.

• Maintain compliance with federal, state, and local taxes.

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