One of my colleagues asked me if my bookkeeper was any good and I told him that « no matter how much her hourly rate goes up, I will always stay with her ». Frequent financial reporting can help you better understand your business. For instance, generating a profit and loss statement (P&L) every month can show you how your profitability is changing over time. It may even reveal annual cycles that can help you plan financially—like holding onto cash from your busy season to help you make it through the slower months. Every business, regardless of size or industry, needs to track money coming in and going out.
“Closing” the books on a regular basis
The standards also help protect the shareholders of both public and private companies by ensuring that financial statements provide meaningful valuations and comparisons from one company to another. One of the key aspects of AOA Bookkeeper’s services is the handling of critical paperwork. This includes filing and dispatching W2s for employees and 1099s for contractors, as well as managing year-end correspondences with accountants. AOA Bookkeeper prefers using QuickBooks Online for record-keeping, utilizing an established and scalable tool for financial management. Pretty Books is among the leading small business bookkeeping services in Seattle. Clients who desire a holistic solution for their business’s financial needs can rely on this company.
Compare our Top Bookkeeping Services
Our extensive experience allows us to effectively work with a wide range of clients, from local craftsmen to large corporations. In addition we have significant experience working within the construction and remodeling industry. At My Seattle Bookkeeper you will be guaranteed to receive efficient, honest bookkeeping service that will ensure your satisfaction and ongoing business.
Don’t take our word for it – here’s what our clients say
- Huddleston Tax CPAs, My Seattle Bookkeepers, System Six, Ledger Pros, and Pretty Books are some of Seattle’s best bookkeepers for small businesses.
- Vazquez & Co. is a Seattle CPA firm that has been serving small businesses for over 19 years.
- Using the latest cloud technology in operations like accounting and payroll preparation is among the features that make System Six stand out.
- These include short-term liabilities like accounts payable (money you owe suppliers), credit card balances, and payroll obligations, as well as long-term liabilities like business loans and leases.
- The business offers bookkeeping services and packages are basic bookkeeping, mid-level bookkeeping, and advanced bookkeeping.
- The team is easy to work with, offers trusted advice, and can help emerging businesses set up accounting systems.
Seattle based businesses are able to take advantage of Washington State’s no corporate tax and personal income tax laws. However, despite this tax advantage compared to most other states, businesses in Seattle may still be subject to taxes. This is where our team of experts can help you determine what taxes you need to pay and how much you owe. Vazquez & Co. is a Seattle CPA firm that has been serving small businesses for over 19 years. The business offers a free consultation, and services are outsourced bookkeeping, outsourced accounting, payroll services, and outsourced CFO and controller.
- O&K Bookkeeping and Tax, established in 2022 by Stella Kim and Julian Oh, offers a fresh approach to financial management services.
- Their pricing structure is notably competitive, with rates approximately 30-40% lower than their peers.
- Established in 2016 by Kaley Day, Abacist LLC offers a range of bookkeeping services aimed at simplifying financial management for both individuals and businesses.
- Many accountants also possess additional certifications and specialized training in forensic accounting, managerial accounting, tax accounting, and more.
- Modern financial automation tools can help you track assets, liabilities, and owners’ equity in real time, giving you better visibility into your financial position.
What are some good bookkeepers for small businesses in Seattle?
At My Seattle Bookkeeper, we believe in empowering our clients with the accounting data they need in an efficient and reliable manner so that they can get back to doing what they do ledger account best. Our mission is not just about numbers; it’s about nurturing lasting partnerships and contributing to your financial success. For the ones you do want to approve, you can do that right on your phone, with just a few clicks. Cash basis accounting focuses on the movement of cash in and out of the company—transactions are only recorded when cash changes hands. For instance, you’ll record income when a customer pays you and expenses when you pay your bills. Be aware, however, that only a licensed accountant can prepare certified financial reports for lenders and investors.
Florina has more than 15 years of tax and accounting experience and is a Certified QuickBooks ProAdvisor. 1-800Accountant Seattle serves those in the metro and across 50 states who require bookkeeping solutions. The team has local certified public accountants with an average of 17 years of experience. They maintain accurate and detailed transaction records and take on audit defense matters. Tax advisory and payroll services are available, and the crew gets employer identification numbers for new business ventures.
This company serves all business sizes, from sole proprietorships to multinational corporations. The group offers managers insights that help assess risks, formulate actionable plans, and counter business challenges Certified Bookkeeper like high competition and inflation. For instance, formulating a working financial strategy for cash flows, financing projects effectively, and structuring loan repayment schedules. System Six supports clients on ongoing contracts as the business’ finance partner, for example, by maintaining financial books, paying bills, and running payroll.
