Live Bookkeepers
Many bookkeeping options out there are simply software programs. You have to hire a separate bookkeeper to use the software you invest in if you don’t want to do the books yourself.
FinancePal is different because it’s actually a hybrid accounting firm. Yes, you use software to access some things, but you have a dedicated accounting expert on your side to help you deal with all things bookkeeping (and sometimes more).
Catch-Up Bookkeeping
Most business owners initially talk to bookkeepers because they haven’t had time to do their own bookkeeping, and the books are a bit messy. Some of these entrepreneurs don’t even necessarily need a bookkeeper — they may just need an expert to go over everything one time and make sure things look good.
FinancePal addresses this with catch-up bookkeeping services.
Accounts Payable/Receivable
Accounts payables and receivables are perhaps your most time-consuming accounting tasks, but they’re vital to getting paid and not making your vendors hate you.
Naturally, FinancePal can do both. Through a mix of software automation and live services, your expert accountant will help you maximize cash flows, take advantage of early payment discounts, and update your books for every transaction.
Small Business Income Tax
Business taxation is one of the more challenging aspects of bookkeeping. The IRS punishes even honest mistakes, unfortunately, despite how complex the tax code is.
FinancePal’s accountants help you keep accurate records and accompanying documentation throughout the year so you’re ready for tax season. Your expert help will also assist you in filing your return and maximizing deductions. FinancePal can handle taxation for C-corporations, S-corporations, LLCs, partnerships, and more.
To streamline things, FinancePal provides an online portal containing your tax stuff. You can check on your returns’ progress and access tax data as needed through this portal.
Regular Financial Statements
With FinancePal will ensure your financial information is dead-on every time, giving you the information you need to make accurate and profitable decisions.
Moreover, FinancePal sends you financial statements weekly and monthly to keep your finger on the pulse of your business.