4 Ways to Save Time and Money on Accounting and Bookkeeping Services

Bookkeeping and accounting are important for any business. Maintaining the books of accounts takes some effort. There are many steps involved in the accounting cycle. Oftentimes, accounting, and bookkeeping teams can get lost in the paperwork jungle. If your team is investing too much time and effort maintaining books and analyzing accounting & bookkeeping processes, you need to come up with a plan to reduce their workload. Which ensures they have enough time to invest in more productive tasks such as creating accounting policies for the organization. Here are some tips to save time and money with accounting and bookkeeping [...]

By Virtual Jeannie|2020-06-29T05:54:13-07:00June 22nd, 2020|Bookkeeping, bookkeeping services|0 Comments

Why Your Start-Up Needs a Professional Bookkeeper

Entrepreneurs have too much on their plate. Many entrepreneurs with limited funds have to juggle multiple tasks and wear several hats. One day, an entrepreneur may be busy screening and evaluating candidates for a position, while on the next day, they may have to perform the role of an IT manager. Accounting and bookkeeping tasks, however, are best left to the experts. The temptation to save money by trying to do everything yourself can be hard to resist;however, you need to understand that the benefits of hiring a professional bookkeeper far outweigh the costs. Here are some reasons why you [...]

By Virtual Jeannie|2020-06-02T06:06:36-07:00May 22nd, 2020|Bookkeeping, bookkeeping services|0 Comments

Accounting Mistakes That Put Your Small Business at Risk

Accounting services in Santa Rosa are a quintessential part of any business endeavor – be it large or small. Accounting is more than just addition and subtraction. Many small businesses make the blunder of handling their own money in the hope to save money, but end up making mistakes due to their lack of expertise in accounting procedures. Listed below are few accounting mistakes that can jeopardize your company. Failure to Keep Records of All Expenses – It is extremely important for every business to keep receipts for all business-related purchases. If your company has a credit card statement, it [...]

By Virtual Jeannie|2020-04-29T06:26:04-07:00April 13th, 2020|Bookkeeping, Payroll Services|0 Comments

What is a Bookkeeping Service?

A bookkeeping service works to develop and maintain a company’s financial processes and ensure there is a proper record of payables and receivables. The service will ensure all financial transactions done by the company are appropriately documented and recorded. Additionally, they manage payroll, handle sales tax, withholding and quarterly taxes, generate monthly financial reports, and reconcile bank statements. A bookkeeping service allows you to get a clear financial picture of your business and helps you see how the business is performing. What are the Duties and Responsibilities of a Bookkeeper? A bookkeeper’s main responsibility is to maintain the general ledgers [...]

By Virtual Jeannie|2020-04-02T07:26:28-07:00March 5th, 2020|Bookkeeping|0 Comments

What Happens If You Cannot Pay Taxes You Owe?

The IRS is more powerful than you think. It comes down heavily on people who do not pay their taxes. From property attachment to a jail sentence, tax defaulters can face the IRS’s wrath in several different forms. But what if a person who owes taxes cannot pay due to temporary financial hardship? Will the IRS still wreak havoc on their life? Probably not. If you do not have enough funds to pay your taxes, don’t panic, you’re not alone. Every year some 5 million taxpayers need a payment alternative. Your inability to pay taxes you owe is not the [...]

By Virtual Jeannie|2020-03-05T07:49:28-08:00February 27th, 2020|Bookkeeping, bookkeeping services, QuickBooks|0 Comments

What is Payroll Processing and How Does it Work?

Money is imperative in every single aspect of a business. This fact usually rings true when it comes to shelling out salaries to your employees. Fortunately, you can take the help of efficient Santa Rosa payroll services to ensure proper supervision and well-handling of your business’ payroll, with nothing forgotten. Payroll processing actually refers to the management of various financial records of employees, such as wages, bonuses, salaries, net pay, and deductions. Although payroll processing may seem like a simple and straightforward process, there is a lot more to it. From remitting to the IRS, to wage policies and payroll [...]

By Virtual Jeannie|2020-03-05T07:45:38-08:00October 15th, 2019|Bookkeeping, Payroll Services Company|0 Comments

Benefits of Outsourcing Accounting Services to a Professional Accounting Firm

Nowadays, businesses and organizations are relying on cost-effective and productive solutions to systematically operate their non-core activities such as payroll and accounting services, and outsourcing is one great idea in this regard. Outsourcing your accounting services to professional accounting firms in Santa Rosa not only offers numerous benefits to organizations, but also helps in simplifying their business operations alongside accomplishing better understanding and control of cash flow. As a matter of fact, it is imperative for every business to have their account books well-organized in order to prepare annual financial statements. However, maintaining financial statements is a daunting task that [...]

By Virtual Jeannie|2020-03-05T07:45:26-08:00September 23rd, 2019|Bookkeeping, Payroll Services|0 Comments

Five Services That a Reliable Accounting Firm Can Offer to Small-Scale Business Owners

Most small businesses have limited resources, which prevents them from hiring enough accounting professionals. When a business’s accounting team is understaffed and overworked, mistakes are bound to happen. Accounting errors can deliver a devastating blow to a business, hitting it where it hurts the most. Additionally, often accounting teams get so bogged down with less important accounting tasks that they struggle to focus on critical tasks. To address this problem, small business owners must consider outsourcing their accounting to a reputable accounting firm. Qualified and experienced have an in-house team of subject matter experts who know accounting principles like the [...]

By Virtual Jeannie|2020-03-05T07:44:00-08:00August 22nd, 2019|Bookkeeping, Payroll Services, Small Business Bookkeeping|0 Comments

Employment Tax Information for Employers

Small business owners are usually found looking for reliable bookkeeping services in Sonoma County. Employment tax is one of the essential parts of any business. If you are aspiringto set up your own company, this is meant for you. Before setting up your payroll system, and even before you start hiring your employees, you should be well-informedabout the various kinds of employment taxes. What are Employment Taxes? Employment taxes are those taxes that your business and your employees are liable to pay to the federal, state, and local tax agencies. It is worth noting that self-employment tax or Social Security [...]

By Virtual Jeannie|2020-03-05T07:39:50-08:00July 27th, 2019|Bookkeeping|0 Comments

When is the Right Time to Choose Payroll Processing Services?

If you are looking for reliable bookkeeping services near me, you are in the right place! Here, we shall help you get the most out of our content. Continue reading, and unlock the key mysteries of the accounting world. If you have come this far, the chances are that you are seeking answers to your questions about deploying payroll processing services into your business. Well, you might not be sure whether it is the right time to implement your ambitions. To find an appropriate answer, let us first figure out the reasons to outsource payroll-processing services. Companies with limited employees [...]

By Virtual Jeannie|2019-05-30T11:00:36-07:00May 21st, 2019|Bookkeeping, bookkeeping services|0 Comments