Our Services
How would you like to have an expert that handles all your small business bookkeeping needs?
Running a business is no walk in the park, and this is a feeling you can relate to. Being the ONLY ONE doing it all can be draining physically, mentally, and sometimes, financially. Imagine how exhausting it would be to add managing your books to the numerous responsibilities on your desk as a business owner. And this is a task that you just can’t do without. Errors in your financial books could have long-lasting adverse effects on your business, especially when you enter incorrect data or miss them completely. So, how can you eliminate the possibilities of inaccurate financial reporting and the resulting loss of money for your business?
It would be best if you had an expert whose job it is to handle your business finances. And that’s where Laketime Bookkeeping comes in. we will ensure the accurate tracking and evaluation of your business’ income and expenses while you focus on other essential aspects of your business.
The best part is that we don’t need any office space, equipment, employment benefits, or payroll taxes in our names. Instead of investing a lot of time and resources to train a finance person for your business, we come ready-made to handle all your bookkeeping needs. We are always up-to-date with the latest software applications to ensure that we serve you with only the best resources.
With our knowledge of tax information and best practices, this means you can get instant access to an accurate picture of the financial strength and weaknesses of your business.
Here are some ways we can help your small business:
Recording of financial transactions
Your business needs to have an updated record of all financial transactions to ensure that you know exactly how your money comes in and goes out. We present this clearly and concisely that ensures that there are no loopholes in your finances at any point in time.
Invoicing
Do you get invoices to clients at the appropriate time without negatively affecting the flow of your business? Our invoicing services ensure that we keep track of all your company’s income.
Paying bills
It can be tough to keep track of all bill payments. How terrible would it be to have the power out on a busy day because you forgot to take care of the light bill? Laketime bookkeeping can help you ensure that this or other similar events never happen to your business.
Reconciliation of accounts
If you have noticed any errors in your records and don’t know how to correct them, you’re not alone in this. It’s common with most small businesses, and we’re skilled in studying your accounts to ensure they are complete and accurate. Our reconciliation of accounts services identifies and fixes discrepancies in your financial books.
Monthly financial reports
Our monthly financial reports are detailed accounts of your financial health each month with an analysis of areas that require some extra attention. We will use the latest tools to prepare your monthly financial reports and present them to you in a simple-to-read format.
Monthly video chat/strategy session
A dedicated Quickbooks expert will get on a call with you to discuss your financial reports, make sure you understand them, and discuss what you can do to stay on track to meet your business goals. This will also include discussions on identifying and plugging expense leaks in your business.
Why Do You Need a Bookkeeper?
- To help you concentrate more on the core aspects of growing your business
- To assist in making crucial decisions that depend on accurate financial reports
- To give you better access to loans and investor acquisition opportunities
- To build your confidence in the finances of your brand
- To help you audit-proof your business
- To eliminate the stress of tax season, which gets many small business owners frustrated
Need a personalized solution?
Schedule your free 15-minute consultation to learn how outsourcing your bookkeeping can save you time and money and improve your bottom line!
Invest In The Future of Your Business
Your taxes due are based on your numbers. Let’s make sure those numbers are correct. We’ll keep your books while you generate revenue and grow your business. Lake Time Bookkeeping is driven by a passion to help business owners maintain accurate financial records without stress or anxiety, helping them cut expenses, generate profitable revenue streams, and growing their business. Bookkeeping is not an expense, it’s an investment in the future of your business.
QBO Set Up and Training
Clean Up And Catch Up
Diagnostic Review
Data Integrity inspection and report to determine the health of your financial file.
Monthly Bookkeeping
Custom Reporting
Custom reporting to provide the information you want. Help you understand the reports and work with you to know your business’s financial health and stability, lower expenses, increase revenue streams and profitability, and grow your business.
- Customer Reports
- Employee Reports
- Expense Reports
- Profitability Reports
- Quarterly Finance Reports
- Comparative Financial Reports
Benefits of hiring a bookkeeper
- Develop/renew your confidence in your company’s finances.
- No tax season stress. Your books will be compliant, tax ready, and delivered to your CPA.
- Accurate financial records aid in capturing eligible tax deductions, thus reducing your tax burden.
- Your financial records will always be up to date and accurate to aid in loan and investor acquisition.
- Audit proof. Well maintained books, along with proper source document storage and organization help to audit proof your business.
- Accurate financial reporting supports forecasting and crucial decision making.
- Enables business owner to concentrate on core operations and growing the business.
Benefits of Cloud Accounting
- Access your financial data anytime, anywhere.
- Your data is always in real time.
- Secure and backed up automatically.
- Updates are installed automatically.
Never worry about your bookkeeping again:
Leave it to the professionals!
Gain Back Valuable Time To Concentrate On Your Business
Running a business takes a lot of time. Let’s face it, you’re not a bookkeeper, and you probably don’t want to be one! Your genius should be spent on doing the things in your business that only YOU can do and focusing on managing and growing your business.
Gain Peace Of Mind Knowing Your Books Are Well Managed
Knowing your books are accurate, up to date and well taken care of will give you the peace of mind you need to focus 100% on running your business. Also, when tax time rolls around you’ll know everything is already organized and ready for your CPA.
Always Know The Financial Health Of Your Business
With your books always up to date and accurate you can be confident in the financial health of your business. Always knowing your numbers enables you to make smart decisions for your business and its growth.
