Professional services where a bookkeeper or accounting firm manages your financial records using QuickBooks software. They handle day-to-day financial tracking so you can focus on running your business.

Core Services Typically Offered:

1. Basic Bookkeeping:

• Accounts payable/receivable management
• Expense tracking and categorization
• Bank and credit card reconciliations
• Monthly financial statements (P&L, Balance Sheet, Cash Flow)
• Payroll processing support

2. QuickBooks-Specific Services:

• Software setup and customization
• Chart of accounts optimization
• Integration with other business systems
• User training and support
• Regular maintenance and troubleshooting

What to Expect from a Provider:

Monthly Standard Deliverables:

• Reconciled bank/credit card accounts
• Accurate P&L statement
• Balance sheet
• Cash flow statement
• Accounts receivable/payable aging reports
• Notes on unusual transactions

Benefits of Professional QuickBooks Bookkeeping:

For Business Owners:

• Time Savings: Reclaim 10-20 hours/month
• Accuracy: Reduced errors in financial data
• Tax Ready: Organized records for tax season
• Financial Insight: Better decision-making with accurate reports
• Scalability: Systems that grow with your business
• Compliance: Reduced risk of regulatory issues

For Bookkeepers:

• Efficiency: QuickBooks automates many tasks
• Remote Work: Cloud-based options (QBO) enable remote service
• Standardization: Consistent processes across clients
• Integration: Connects with many business tools

Choosing a QuickBooks Bookkeeping Service:

Key Considerations:

1. Certification: Look for QuickBooks ProAdvisors (especially Advanced Certified)
2. Industry Experience: Find someone who knows your specific business type
3. Service Model: Match their offering to your needs
4. Communication: Clear processes for questions and updates
5. Security: Data protection measures and confidentiality agreements
6. References: Check client testimonials and case studies