What Makes a Successful Franchisor
May 1, 2024
Over the years of providing outsourced bookkeeping services to franchisors and their franchisees, we have discovered that certain characteristics are... Read More
May 1, 2024
Over the years of providing outsourced bookkeeping services to franchisors and their franchisees, we have discovered that certain characteristics are... Read More
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BookWerksTM, like other bookkeeping services for small businesses, helps companies manage their financial records. Our goal is to keep accurate, up-to-date financial records to help you make informed decisions and stay compliant with tax regulations. We track income, expenses and other financial transactions, ensuring accurate data entry into your preferred cloud-based accounting software. Keeping track of bills and payments due (accounts payable) and tracking customer payments (accounts receivable) helps you stay on top of your financial health. Another important task BookWerksTM handles is bank and credit card reconciliation: we compare your business records with your bank and credit card statements to ensure they match. When we find discrepancies, we remedy them immediately. Weekly or monthly, as you prefer, we preparing profit and loss statements, balance sheets and cash flow statements that provide insights into your financial performance. At tax time, everything will be ready to turn over to your accountant.