Steps For Our First Meeting
From Initial Discovery to Year-End Preparation
1. Discovery of Bookkeeping Needs
We will begin by discussing and understanding your specific needs for bookkeeping.
2. On-boarding to QuickBooks
Next, we will set you up with QuickBooks, ensuring all necessary accounts are configured.
3. Gathering Business Account Statements
You will need to provide statements from all your business accounts including checking, savings, loans, and online merchant accounts.
4. Updating Books
I will update your books from the beginning of the year, bringing everything up-to-date.
5. Categorizing Monthly Transactions
Monthly transactions will be categorized, followed by issuing a Profit and Loss Report for the previous month.
6. Monthly Strategy Meetings
We will hold monthly meetings to review your books and strategize on improving your bottom line.
7. End-of-Year Meeting
At year-end, we will capture any last-minute tax deductions and prepare to file any 1099's or W2's for your business.
8. Issuing 1099's and W2's
In January, the 1099's and W2's will be issued.
9. Tax Preparation for CPA
February and March will be dedicated to preparing your books for your CPA to file your taxes.