Transaction records
Establish accounts, post transactions, and keep financial activity current.
Bookkeeping
Reliable records for confident decisions.
Bookkeeping keeps cash positions current, transactions organized, and business owners from making decisions on faulty balances.
What it covers
Day-to-day financial activity, recorded accurately and on time.
Every penny that comes into the business, and every penny that leaves a business, should be accounted for.
Reconciliations
Verify, allocate, post, and reconcile subsidiary accounts and ledgers.
Financial reporting
Prepare trial balances and financial reports so owners can see what is happening.
Why it matters
Poor record keeping can put a small business at risk.
Minor bookkeeping mistakes can become significant financial damage when they are left uncorrected. Timely tracking and accurate records protect the business.
- Maintain general ledger accounts.
- Balance subsidiary accounts by reconciling entries.
- Develop a system with a clear chart of accounts.
- Prepare reports that support better business decisions.
Getting started
Use the organizer, then request a custom quote.
Bookkeeping fees depend on the work involved. KB Taxes and Bookkeeping invites clients to call for a free consultation and bookkeeping quote.