Bookkeeping
Bookkeeping is crucial for businesses of all sizes. It plays a fundamental role in maintaining financial transparency and ensuring compliance while providing insights to data that will aid in the long-term success of the business. Accurate bookkeeping provides businesses with a clear understanding of their financial health by tracking income, expenses, assets, liabilities, and enabling informed decision-making and strategic planning. Proper bookkeeping ensures that businesses remain compliant with tax laws and regulations. Accurate financial records are essential for filing taxes accurately and on time, avoiding penalties, and legal issues.
Bookkeeping also provides detailed financial data that allows businesses to create budgets and forecasts, planning for future expenses, identifying areas for cost savings, and setting financial goals. It can also help identify trends, strengths, possibly issues, and can guide strategic decisions. Investors and lenders often require access to accurate financial records before providing funding or investments. Proper bookkeeping enhances credibility and instills confidence in stakeholders, facilitating business growth and expansion opportunities. While EVT Consulting does not provide audited financial statements, our bookkeeping services can simplify the audit process for CPA’s, which will save money in the preparation of these reports.
QuickBooks Management: Maximize the power of QuickBooks with our expert management services. From setup to ongoing maintenance, we ensure your financial data is organized, accessible, and accurate, allowing you to make informed decisions with confidence. EVT Consulting can also accommodate other bookkeeping platforms, such as Wave Accounting.
Transaction Recording: Proper transaction recording directly impacts your company’s financial statements. With accurate categorization and compliant procedures, your transactions will be recorded to ensure your financial picture is complete.
Account Reconciliation: Account reconciliation is an important and necessary step that ensures your financial records are aligned with accuracy. We meticulously compare your records with bank statements, identifying and rectifying discrepancies to maintain financial integrity and compliance. This is an essential task for not only bank account records, but also loans, petty cash or cash on hand accounts, and more.
Books Cleanup: Eliminate errors and inconsistencies in your financial records with our thorough books cleanup services. There are sometimes unavoidable circumstances that can leave companies with a backlog of accounting data that is either untouched or inaccurate. EVT Consulting has extensive experience in completing complete clean-ups of various complexities.
