01 Starter Package

CORE Scope of work:

• Establish QuickBooks account & set it up, specific to your industry and for your operations
• Record initial capital contributions and expenses to establish a starting equity balance
• Record & categorize all ongoing business expenses, ensuring proper allocation to appropriate accounts and projects - on a quarterly basis
• Record all sources of income, ensuring accurate tracking of sales and revenue - on a quarterly basis
• Reconcile bank & credit card accounts on a quarterly basis to ensure accuracy
• Preparation of basic Financial Statements, ie balance sheet & income statement
• Record adjusting entries as needed for accruals, deferrals and corrections
• Regular review and maintenance of the chart of accounts for accuracy and relevance
• Properly record the purchase or disposal of any large purchases/fixed assets
• Properly record depreciation or amortization
• Record and maintain any payments to notes, payables, and other liabilities
• Assist with the year-end closing process, ensuring all transactions for the year are recorded and reconciled
• Organize and provide necessary financial data and reports to your tax preparer.
• Email and scheduled Zoom support, responses within 3 business days

Deliverable:

Customized financial reports published to your client portal on a set day, every quarter.

A video recording of us reviewing your financials and any key metrics, every quarter.