What does a bookkeeper do?
A bookkeeper records transactions, reconciles bank and credit card accounts, categorizes income and expenses, and produces monthly financial statements.
The day-to-day work includes entering receipts and invoices, matching transactions to bank statements, tracking accounts receivable and payable, running payroll, and making sure everything balances at the end of each month.
Good bookkeepers also catch errors before they become problems, flag unusual transactions, track what you owe in taxes throughout the year, and keep your records organized for tax filing.
The goal is accurate, up-to-date books so you always know where your business stands financially. You can make decisions based on real numbers instead of guessing or waiting until tax season to find out what happened last year.
More Questions
Can I do my own bookkeeping?
You can do your own bookkeeping if your business is simple and you have time to learn. But most owners who try end up with messy books that need professional cleanup.
Read answerWhen should I hire a bookkeeper?
Hire a bookkeeper when your books are consistently behind, you're spending over 5 hours per month on bookkeeping, or your revenue exceeds $250k annually.
Read answerWhat is the difference between bookkeeping and accounting?
Bookkeeping records transactions. Accounting interprets those records to help you make business decisions and file taxes.
Read answerDo bookkeepers do taxes?
Some bookkeepers prepare tax returns, but most focus on keeping your books clean so your CPA can file your taxes efficiently.
Read answerHow long does bookkeeping cleanup take?
Most cleanups take two to four weeks depending on how many months you're behind and how messy the books are.
Read answerWhat is job costing?
Job costing tracks all costs associated with a specific project or job so you know if that work was profitable after accounting for materials, labor, and overhead.
Read answerDFW's Trusted Bookkeeping Firm
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