Posts Tagged “financial records”

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

Secrets to Good Bookkeeping

someone at computer using bookkeeping software

Whether you do your own bookkeeping or use a professional firm providing bookkeeping, there are best practices you should be sure are being followed to keep your records accurate and complaint with tax laws. Using Best Bookkeeping Practices can make a significant difference in the success of your business. Here are a few of the […]Read More

7 Reasons Small Businesses Need Pro Bookkeeping

Have you ever thought, “Why should I use a bookkeeping service when I can just do it myself? While most entrepreneurs are great at their core business functions, they often overlook the value of professional bookkeeping. Here are eight ways professional bookkeepers like BookWerksTM aid small business: accuracy, tax compliance, decision-making and growth Accurate Financial […]Read More

Getting Comfortable with Bookkeeping

Regular, skilled bookkeeping helps businesses retain precise financial records, which you are legally required to keep for tax purposes. Daily bookkeeping also offers many business benefits: Budgeting When income and expenses are faithfully recorded, it is easier to see where you stand financially and stay on top of cash flow needs. Organization When your records are […]Read More

Bookkeepers and Accountants Work Hand-in-Hand

When you go to the dentist, your hygienist cleans your teeth, and then after they are done, the dentist comes in to make sure everything is OK. It makes sense for the hygienist, who is particularly skilled at cleaning teeth, to do that part, and the dentist, who has the big dental picture in mind, […]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.