Online Bookkeeping Services For Franchisees

Our bookkeeping services kick off with an comprehensive consultation. During this phase, we thoroughly understand the specific needs and goals of your business. We recognize that every business has its own set of financial requirements and objectives.

What We Do:

• Assess Your Current Financial Situation: We will review your existing accounting systems, software, and financial records (if available). This helps us understand any existing gaps in your system.

• Determine Your Financial Requirements: Based on your operations, industry, and growth stage, we will identify the key areas where bookkeeping support is needed, whether it is cost tracking or financial analysis.

• Align with Your Goals: We ask questions to better understand your short-term and long-term goals. Do you want to improve cash flow management? Are you preparing for tax season? Do you need ongoing reports for donors?

• Customization: Based on the insights gathered, we will propose a bookkeeping strategy that’s customized to your needs.

• Discuss Payment Terms: During/after this consultation, we will outline our payment structure, including service rates, billing frequency, and payment methods.

Once we understand your financial structure, we move on to setting up your bookkeeping system.

What We Do:

• Choose The Right Cloud-Based Software: We use QuickBooks Online, known for its user-friendly interface.

• Establish Your Bookkeeping Infrastructure:

  • COA Setup: We create a personalized chart of accounts.
  • Bank Account Integration: We connect your credit cards for automatic transaction imports.
  • Invoicing System: We customize billing structures.
  • Historical Data Transfer: If applicable, we securely migrate historical financial data.

• User Training: We provide user guides.

• Payment Integration: We integrate PayPal, Stripe, credit card processors.

After the setup, we handle the day-to-day bookkeeping tasks.

What We Do:

• Transaction Categorization

• Monthly Reconciliation

• Regular Reports

  • Profit and Loss Statements
  • Balance Sheets
  • Cash Flow Statements

• Accounts Payable and Receivable Management

  • Accounts Payable
  • Accounts Receivable

• Payroll Services

• Clean-Up/Catch-Up Work

• Monthly Business Consultation

Our commitment to your business doesn’t end with monthly reports. We offer dedicated assistance.

What We Do:

• Review Financial Reports

• Monitor Financial Performance

• Make Recommendations

• Client Assistance

• Tax Compliance Updates

• Troubleshooting

• Growth Support

• Payment Assistance