Bookkeeping / Accounting
Generally, bookkeeping is entering expenses, vendor invoices, cash receipts from customers etc. It also includes reconciling to the bank statement.
Practically anyone can be a bookkeeper. A bookkeeper’s goal is generally to tie out to the bank statement. Just reconciliing to a bank statement, does not necessarily give you a financial statement that would meet Generally Accepted Accounting Practices (GAAP).
As a CPA, I make sure your financial statements have all your transactions correctly recorded. For example, remodeling an office and capitalizing when appropriate, recording principal and interest on a loan, trading in a vehicle for a new vehicle, recording expenses in the appropriate company. With Loid Tax & Accounting you can be assured your bookkeeping / accounting is done properly and according to GAAP.
Financial statements can be prepared for the client review on a quarterly, monthly or annual basis. Budgeting and forecasting support are also available.