As a small business owner, you're probably aware that no matter how cleanly your business seems to run, it still generates mountains of paperwork. For many small business owners, their natural gifts of creativity, smart investing, and sales are choked out by the drudgery of paperwork and bills. When thinking about their business, the first thing that comes to mind is a pile of bills begging to be sorted and paid.
Business Bookkeeping in Kentucky | Benefit Payee Services Inc.
It doesn't have to be this way, and if you hire Benefit Payee Services, it won't be. We'll manage the bookkeeping for your business while you focus on what you do best -- running and growing your business. We'll keep your affairs in perfect working order so that when it's time to make that next big investment, you'll know exactly where you stand financially.
Avoid the drudgery and the dread of number crunching and bill processing. Refocus yourself and your energy on growing your business, which is what really matters. BPS will handle all the busy work on the back end.
Our Small Business Bookkeeping Services may include:
1. Accounts Receivable
- Invoice processing or recording of manual items
- Payments recorded
- Deposit records prepared
- Customer account reconciliation’s
- Statement generation
- Custom invoice set-up and design
- Customer information reporting (aging, etc.) and analysis
2. Accounts Payable
- Enter expenses using purchase orders, bills, or receipts
- Prepare check run for review or recording of manual checks
- Properly classify expenses
- Properly record certain expenses in accordance with IRS regulations
- Allocate credit card charges to correct account
- Vendor information reporting (aging, etc.) and analysis
3. Banking
- Prepare and/or record deposits
- Reconcile bank and credit card statements
- Prepare daily cash flow records
- Training with online banking or bill payment
4. Review and maintain general ledger account activity for accuracy
- Yearly closing
- Adjusting entries
- Book depreciation schedules
- Prepare information for Auditor/CPA review
- Clean up services
5. Prepare account accruals and adjusting journal entries
6. Assist with inventory reconciliation’s
7. Sales tax reporting
8. Budgeting assistance
9. QuickBooks set up