Frequently Asked Questions
Accounting for your business finance plays a critical role in success. Bookkeeping helps you analyze the financial trends of your business, helping determine whether you are making losses or profits. Data entry, Bank Reconciliation, Monthly financial reports and Accounts Receivable, Accounts Payable, and Payroll management are some of its key elements. As a manager, you need time to spend on other income-generating endeavors like marketing which forms an integral part of the business success system.
When looking for an accountant or a bookkeeper, in this case, the choice of who to hire is always yours, whether it is virtual or office present expertise you want. However, in the long run, a virtual employee is always cheaper. Think about it, bookkeeping for small businesses remains paramount; at the end of the day, it is never that intensive compared to big business situations. It is, therefore, much cheaper to hire a virtual worker who will attend to specific work given and leave when the contract ends.
Also, having an office for a bookkeeper is an additional cost. Starting businesses might not be in total capacity to facilitate all these and still effectively thrive.
We are professionals at QuickBooks bookkeeping for fast business growth. We exhaustively lavage QuickBooks features, integrating them with 3rd Party Apps and Tools that extend their capabilities. Additionally, we chose the QuickBooks bookkeeping strategy to align with your business needs. It is always the best bookkeeping software that improves your business, and we are ready to share it.
No. You will not need a staff accountant when hiring us. In starting your work, we will need someone within your business to walk us through a few details of your finances. These people can be anyone, not necessarily those with account knowledge. Income Tax Inc is a complete accounting and bookkeeping ‘package’ which requires no addition.
We immediately assume bookkeeping roles at your business upon signing up! Before anything else, we will first ensure to learn the nitty-gritty of your business structure, model, and financial system. We will develop a working strategy from such a basis, including adapting the best QuickBooks bookkeeping service that fits your enterprise.
Yes, but only a thin line that separates the two. Bookkeeping mainly focuses on recording financial transactions for an enterprise; accounting, on the other hand, majors in the interpretation, classification, and reporting of these transactions.
Income Tax Inc is an ISO-certified company operating under the US business legal terms. Our focus prevails best online bookkeeping services provided to all business models.
We use QuickBooks, an encrypted security tool with frequent updates and patches. Others detect intrusion and provide multifactor authentication (MFA) or two-factor authentication (2FA). We are keen on privacy protection and the safekeeping of data.
The ideal cost of online bookkeeping services is subject to two key components. First, the size of the business is usually a directly proportional rate; the bigger it is, the more it costs, and vice versa. Preferred features are another factor. Again, on this, the more features you want based on their complexity and importance, the more you pay. See our pricing
Sign up today and access our free trial. Enjoy Multiple engagement models comprising unlimited telephone as well as email support. We have a dedicated team that revolves around giving daily reports on every encounter they have with your business. Share in our bookkeeper secrets today!
We help you;
- save up to 50% of your ordinary employment costs
- Access the world’s best accounting professionals
- Enjoy SOC 2 & GDPR data security system