Posts Tagged “financial statements”

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

How Timely and Accurate Financials Can Help Grow your Business

To succeed in business, you need a trusted bookkeeper. Many small business owners outsource to professional bookkeeping services like BookWerksTM, which is based in Cincinnati but serves clients all over the US and beyond remotely. Whether you do your bookkeeping in-house or outsource it, you need timely and accurate financial reports in order to make […]Read More

Know What You Want Before You Hire an Outside Bookkeeper

Many small businesses and franchises trust outsourced accounting bookkeeping companies to keep track of their financial health. If you are considering going outside, how can you discern which bookkeeper is right for you? Here are some of the things people look for in small business bookkeeping services in Cincinnati, in the words of BookWerksTM clients. […]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

Bookkeeping Basics for New Business Owners

Bookkeeping is the process of keeping track of each financial transaction–from the day you hang out your shingle to the day you shut down. Each transaction is recorded based on documents such as receipts, invoices or purchase orders Most companies–or their bookkeeping partners serving small businesses–use specialized accounting software to keep their books. The bookkeeper […]Read More

How a Bookkeeping Service can help your Small Business Grow

Small business owners are responsible for sales, marketing, product development, customer service and more. It’s no wonder bookkeeping often falls between the cracks. But keeping accurate financial records is key to the growth of your business. What Does a Bookkeeper Do? A bookkeeper is responsible for maintaining financial records and ensuring that all transactions are […]Read More

Do You Need an Outside Bookkeeper?

One of the most important tools you can use to become more competitive and profitable is a bookkeeping service. After they hire professional bookkeepers, businesses enjoy average profit increases of 16%. Does your business need a bookkeeper? Here are some things to consider: What Does a Bookkeeper Do? Key responsibilities of a bookkeeper include getting […]Read More

Custom Website by WeGo Unlimited | Cincinnati Website Design

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.