My-Bookkeeping Service Plan

 Full-Service Live Bookkeeping

Full-Service Bookkeeping includes two phases: cleanup and ongoing bookkeeping

  • In the cleanup/setup phase, your bookkeeper helps you set up your chart of accounts, connects your banks, and teaches you the basics of QuickBooks. If you have information in QuickBooks already, your bookkeeper will help clean it up in the first month of service.
  • As part of ongoing bookkeeping, your bookkeeper categorizes your transactions and reconciles your accounts each month.
  • Your bookkeeper can close your books and prepare a trial balance. They can also send PDF copies of key financial reports including your profit and loss statement and balance sheet.

Full-Service Bookkeeping doesn’t include sending invoices, paying bills, or management of inventory, accounts receivable, or accounts payable. The service doesn’t include financial advisory services, tax advice, facilitating the filing of income or sales tax returns, creating or sending 1099s, or management of payroll. QuickBooks