A bookkeeping service
offers a three-tiered approach to developing and maintaining your
company’s overall financial processes and management. The first prong is
created by the accounting software specialist. He or she creates your
accounting data file so that it’s tailored to the specific needs of you
and your business. He or she will ensure that you have access to the
software and reports you need.
Next is the full-charge bookkeeper. We
all know the basic duties of a bookkeeper: to track payables and
receivables and keep all your business’s financial transactions
documented. Sounds simple enough, but there’s a lot more to this job
than meets the eye.
A full-charge bookkeeper can also manage
payroll, handle deposits, create and maintain monthly financial reports,
manage the ever-changing world of sales taxes as well as quarterly
taxes and withholding. Bookkeepers also reconcile bank statements to
internal accounts and even help out during an internal or IRS audit.
Other duties include:
1. Entering, Coding and Paying Bills
2. Creating and Sending Customer Invoices
3. Collecting Past Due Accounts Receivable
4. Reconciling Bank and Credit Card Accounts
5. Maintaining Vendors for Accounts Payable and Clients for Accounts Receivable
2. Creating and Sending Customer Invoices
3. Collecting Past Due Accounts Receivable
4. Reconciling Bank and Credit Card Accounts
5. Maintaining Vendors for Accounts Payable and Clients for Accounts Receivable
Between the accounting software
specialist and the full-charge bookkeeper, you will have begun to create
a set of checks and balances within your business. Individual
department spending will be recorded and analyzed by the bookkeeper,
accounts receivables and payables reviewed and fulfilled by him or her,
and the company’s spending is contrasted with its budget for review and
analysis that can help identify inefficiencies and create more accurate
future budgets.
And this is where we bring in the third
prong of the bookkeeping service, the controller. The controller
increases the company’s overall financial accountability and checks and
balances. A controller reviews the bookkeeper’s ledger for accuracy
while also maintaining the integrity of the accounting data file in the
future so that adjustments can’t be made without approval. Lastly, a
controller issues monthly financial reports highlighting any critical
issues that you need to understand and possibly address.
Do you need bookkeeping services in North San Antonio, TX? Get in touch with Uhlenbrock CPA at 210-701-1040. Uhlenbrock CPA has years of expertise in bookkeeping, tax planning advice, tax preparation, payroll managment and other accounting tasks.
If you have any questions or queries, feel free to contact us –
Uhlenbrock CPA, PC
1000 Central Parkway North, Suite 120
San Antonio, Texas 78232
San Antonio, Texas 78232
mike@texascpa.net
Phone: 210-701-1040
Fax: 210-701-1040
Phone: 210-701-1040
Fax: 210-701-1040
