Posts Tagged “balance sheets”

Holding Your Bookkeeper Accountable

Whether you use an in-house bookkeeper or use a professional bookkeeping service like BookWerksTM, keeping your bookkeeper accountable helps ensure the accuracy and integrity of your business’s financial records. Here are several strategies to help you maintain accountability: Expectations, culture and internal controls At the outset, you may want to outline the bookkeeper’s duties, such […]Read More

Making the Most of Your Balance Sheet

What’s the value of a balance sheet? It can help you know your company’s net worth, how much money you have made, and where your equity is located. Balance sheets are also essential for attracting investors, securing loans and selling a business. What is a Balance Sheet? The balance sheet provides a picture of your […]Read More

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Who is the Best Bookkeeping Company for Landscapers?

The best bookkeeping companies understand the special needs of each industry. Landscapers have various pricing models (hourly rates, fixed bids and retainer contracts). They must keep track of supplies like seeds, fertilizers and tools. They need to identify which jobs are most profitable. Lastly, they must comply with tax and labor laws related to outdoor work. Top bookkeepers like BookWerks^TM, who specialize in working with landscapers and other small businesses, understand these nuances. We track your income and expenses, recording payments for regular maintenance, project-based work and add-on services like irrigation and tree-trimming. Each expense is categorized as Tools, Equipment Maintenance, Fuel, Materials or Labor. We track bill payments for supplies, equipment leases and utilities. Reconciling bank and credit card statements is another part of our service, as is tracking tax-deductible expenses such as fuel, repairs, training and office supplies. Regular reports show how you are doing.