Bookkeeping
When it comes to running a business, financials can be the last thing you want to deal with—but they’re often the most important. At USA Tax Gurus, we get it. Bookkeeping doesn’t have to be a chore, and it certainly doesn’t have to weigh you down. Our bookkeeping services are designed to give you back your time, so you can focus on growing your business while we take care of the details.
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Categorize Transactions in QuickBooks
- Track and Categorize every dollar– income, expense, or transfer
- Customize categories based on your industry
- Automate entries to categorize future transactions
- Align existing categories with your business flow
- Review and adjust errors for crystal-clear financials
- Streamline reports for instant insights
- Keep financials sharp and audit-ready
- Streamline reports for instant insights
- Keep financials sharp and audit-ready
Setting up Chart of Accounts (COA)
- Build a custom COA to fit your business needs
- Organize accounts by department, location, or project
- Structure your COA for tax-friendly compliance
- Industry-Specific Account Structure– S-Corp, C-Corp, LLC
- Map accounts for tracking metrics that align with your goals
- Get hands-on guidance to understand and use your COA
- Gain insights that drive smarter financial decisions
- Get hands-on guidance to understand and use your COA
- Gain insights that drive smarter financial decisions
Prepare
Financial Statements
- See profits, losses, and cash flow at a glance
- Get statements tailored for loans, investors, or your growth
- Gain insights into liquidity, solvency, and profitability
- Always timely, always compliance-ready for peace of mind
- Make confident decisions with insights you can actually use
- Real-time, accurate account balances
- Confident cash flow management with up-to-date records
- Real-time, accurate account balances
- Confident cash flow management with up-to-date records
Bank
Reconciliations
- Keep accounts clean with monthly bank reconciliations
- Spot and investigate any discrepancies
- Secure your business with fraud prevention
- Support for multiple accounts
- Syncs across all bank and credit card statements
- Real-time, accurate account balances
- Confident cash flow management with up-to-date records
- Real-time, accurate account balances
- Confident cash flow management with up-to-date records
Estimated Quarterly Advance Tax Calculations
- Accurate quarterly tax estimates for zero surprises
- Adjusted calculations as your business grows so you don’t over- or under pay
- Review of deductions and credits to minimize your tax liability
- Stay ahead of deadlines with proactive planning
- On-time reminders and guidance on making payments
- Real-time, accurate account balances
- Confident cash flow management with up-to-date records
Accounts Payable
Services
- Track, review and record all vendor bills and payments
- Timely scheduling to ensure vendors are paid on time– no more late fees missed payments
- Reconcile accounts with vendors to resolve discrepancies
- Categorize all payables by expense type for clear cash flow tracking
- Strategically time payments to optimize and maintain a healthy cash flow
- Real-time, accurate account balances
- Confident cash flow management with up-to-date records
Accounts
Receivable
Services
- Generate and send out invoices on time
- Track payments and follow up on overdue accounts
- Automated payment tracking for easy and accurate reconciliation
- Aging reports to manage credit risk and unpaid balances
- Strategies for improved cash flow, so you have cash on hand when you need it.
- Streamline reports for instant insights
- Keep financials sharp and audit-ready
Year-End
Adjusting
Entries
- Review all transactions to confirm correct income and expense records
- Adjust any misclassifications for accurate year-end financial reports
- Set up accountable plans for expenses and revenues
- Include accruals and deferrals to account for any unpaid expenses or uncollected revenue
- Ensure your books are tax-ready—no need for last-minute corrections
- Ensure compliance with GAAP for smooth tax filing
- Ensure compliance with GAAP for smooth tax filing
Review &
Categorize
Old Transactions
- Review past transactions to ensure every dollar is accounted for.
- Identify and correct any discrepancies, missing entries, or misclassifications.
- Reconcile historical accounts to balance your financial books.
- Enhance accuracy of financial reports for better business insights.
- Provide catch-up services and reach out for transaction clarifications.
- Organize old records, so you can see your past and plan for your future
- Organize old records, so you can see your past and plan for your future
Bring Books
Up To Date
- Turn cluttered, outdated books into clear, accurate records.
- Revive your bookkeeping, no matter how behind you are.
- Review, categorize, and input all missing transactions.
- Fix errors and reconcile bank and credit card accounts for accuracy.
- Provide a detailed financial report to show your current status.
- Work with you closely to review the updates and make necessary changes.
- Work with you closely to review the updates and make necessary changes.
- Ensure compliance with GAAP for smooth tax filing
- Organize old records, so you can see your past and plan for your future
Get Instant Tax Help
Do you have any questions about taxes or accounting and how USA Tax Gurus can help? Schedule a free discovery call now!
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