What does a bookkeeper do for a small business?

A bookkeeper is responsible for recording and tracking a small business’ financial transactions. This includes recording sales, purchases, payments, and receipts. They also calculate and track taxes owed and prepare tax returns. Small business owners may choose to do their own bookkeeping or outsource this task to a professional. Click here to read about financial forecasting and budgeting for small businesses.

What do bookkeeping services include?

Bookkeeping services encompass a wide range of accounting and financial tasks, including reconciling bank statements, preparing financial statements, maintaining ledgers and journal entries, and more. In short, bookkeepers are responsible for ensuring that an organization’s financial information is accurate and up-to-date.

Do I need a bookkeeper if I have QuickBooks?

If you use QuickBooks or another accounting software that helps you keep track of your finances, you may be wondering why you would outsource a professional bookkeeper. Advantages of using bookkeeping software includes the option to create and track invoices, payments, and bills. It also generates reports that can help you see how your business is performing financially. However, as you may have noticed, there are some disadvantages of using QuickBooks and other accounting software. For one, the software is reliant on the information you input, so if you input incorrect information, it will generate incorrect data. For a reliable and professional method, we recommend hiring a professional to do your bookkeeping for you. Carson Thorn, CPA, based in Raleigh, North Carolina provides bookkeeping services for small business in the area. Please give us a call today at 919-420-0092 to discuss bookkeeping options for your business.

Does bookkeeping include payroll?

Bookkeeping generally refers to the recording of financial transactions, while payroll usually refers to the process of managing employee wages and salaries. However, there is some overlap between the two terms, as bookkeepers may be responsible for tracking employee payroll information and preparing pay stubs or checks. In general, bookkeeping and payroll are considered separate services. If you are a small business owner who is based in Raleigh, NC, our firm offers professional bookkeeping services that will keep you and your employees on the road to long-term success. Please fill out our contact form to inquire about our bookkeeping services.

Can a bookkeeper prepare financial statements?

Financial statements are an important part of keeping track of a business’ finances. Depending on the situation, a bookkeeper may offer financial statement preparation. If you would like C. E. Thorn, CPA to be your bookkeeper and prepare financial statements, we are happy to do so. Feel free to give us a call at 919-420-0092 if you’d like to inquire about our bookkeeping and/or financial statement services.

What is the difference between bookkeeping and accounting?

The main difference between bookkeeping and accounting is that bookkeeping is the process of recording financial transactions, while accounting is the process of analyzing, organizing, and reporting those transactions to ensure that financial statements are accurate.

Small Business Bookkeeping in Raleigh

If you are a small business owner feeling overwhelmed, consider outsourcing your bookkeeping which may reduce potential errors and increase accounting efficiency. C.E. Thorn, CPA, PLLC has 30+ years of experience handling bookkeeping for small businesses in the greater Raleigh area.

Raleigh Small Business Bookkeeping Services

As part of our bookkeeping services, we provide:

Preparation of financial statements
Preparing end of year tax returns

Contact C.E. Thorn, CPA, PLLC to Learn More

To learn more about our Raleigh small business bookkeeping services, call C.E. Thorn, CPA, PLLC at 919-420-0092 or fill out the form below.

Learn More About our Bookkeeping Services

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