HOW WE CAN HELP
Our business bookkeeping packages allow you to have all of your company data in one organized set of books and gives you the basics that you will need to make informed decisions about your business. After all, if you don’t know how much your business is earning, then how can you even make decision to run and improve your business?! Proper business bookkeeping also allows you to have the needed data and reports required to be provided to your tax return accountant come that dreaded tax time!
GRA CPA is different from most large accounting firms in the sense that we offer in-house basic bookkeeping services to our clients, in addition to more advanced accounting and financial statement preparation services such as GAAP compliance; Prepared Financial Statements; Compiled Financial Statements; and Reviewed Financial Statements.
As many companies do not want to pay for a CPA firm to do their bookkeeping or accounting, what often happens is that their underlying data and general ledger is a complete mess. When this happens, you might end up paying more to have your books cleaned up by a CPA, or even worse, a CPA firm may be unable to help you with those needed Compiled, Reviewed or Audited Financial Statements. This may be even more costly when it comes time to grow your business and you are unable to provide the required independent CPA financial statements required of your business. Whether it’s bank/lending requirements or loan/debt covenants that you have to meet, investor requirements, bonding needs or state licensure application needs; not having basic reconciled and complete/reliable books and data to start with can cost your business dearly. And if you don’t have the appropriate accounting professionals and/or controllers employed within your business, this may cost you more money in the long run when needing to clean up your books and potentially missing out on lost opportunities and lost business.
Your business financial reports are only as good as the underlying data that makes it up. Would you build your house on a dirt foundation? Than why would you build your business without the basic proper bookkeeping foundation and principles? For less than the yearly cost of a bookkeeper/secretary, you can hire a licensed and skilled accounting firm to provide you with that solid bookkeeping foundation.
That’s why we, at GRA CPA, offer affordable bookkeeping packages to businesses and business owners. We do not outsource your bookkeeping. You’ll have the support of a dedicated team member from our staff assigned to your business as the main point of contact and lead accountant to your business books.
We offer monthly bookkeeping services starting at $350/mo or $50/hour, however we would need to see the activity level to quote a more accurate price.
Basic monthly bookkeeping (or quarterly bookkeeping) packages would include:
- Record and classify transactions on the General Ledger – (Cash Basis)
- Maintain the general ledger and chart of accounts
- Perform monthly bank reconciliations
- Perform monthly credit card reconciliations
- Fixed asset classifications
- Send monthly Balance Sheet and Income Statement from QBO – (Cash Basis)
- General Accounting/Tax support
- Secure Sharefile client storage and access
Tasks we would not perform in basic monthly bookkeeping (or quarterly bookkeeping) packages:
- Making any management decisions or performing any management functions such as:
- Initiating transactions on your behalf
- Creating source data
- Invoicing your customers
- Collecting your payments
- Paying your vendors
- Paying your employees
- Designing, implementing, and maintaining internal control
- Anything related to running your business
- Performing accrual basis adjustments
Use our secure ShareFile to upload documents to your client portal or email them to us!
Professionals You Can Count On
Our dedicated team can help you navigate the series of forks in the road of running a business and help keep your books organized.
We are certified QuickBooks ProAdvisors and we stay up to date on continuing education.
Certified Professionals On Your Side
It takes more than software to get your books in order. You’ll have a certified professional ensuring it’s done right the first time!
Know Your Numbers
Analyze your financial reports to make the necessary business decisions in a timely manner.
Tax Return Readiness
Since you now have clean books we can process your tax returns without added clean up costs.