Do I need a bookkeeper if I am just starting my company?
It is important to at least have your company setup in an accounting software which will facilitate the process of collecting data for business tax purposes. In addition, RBG can assist you and setup the chart of account properly for tax and reporting purposes.
When is the best time to get started?
The best time to get started is from the very beginning of your business. If your business doesn't have the proper funding in place at the very beginning, at a minimum you should use us to get the company setup within an accounting software framework and establish the proper expense categories for tax purposes.
What kind of reports will I get and how often?
We offer different packages per the company needs and with that we include weekly, biweekly, monthly or quarterly financial reports to be provided to the client. All our clients get a P&L and Balance sheet with their current service package along with a brief summary interpreting the reports, but depending on the size of the business, we might include additional reports for business purposes.
How will I get you all the paperwork/data every month?
This depends on several factors. For some clients, we have all the access necessary to retrieve data, which eliminates the time you, as a business owner, needs to spend providing us all sorts of reports. Other times, the client provides paperwork and/ or data on a monthly bases through a secured file upload system.
What kind of accounting software do you use?
RBG focuses on QuickBooks Desktop (different versions) and QuickBooks online.
How do I get information to (and from) you?
A lot of our communication with my clients is via e-mail, phone, or video conference. All sensitive financial information is communicated through a secure environment.
What information do you need from us?
Generally speaking, depending on the level of service you have, the minimum you will be providing on a monthly basis are bank statements, credit card statements, payroll data (add on service), and tax data (add on service).
How can you save us money?
Absolutely! Most of our clients save at least 30% from having someone full time, and dedicated to the financial aspect of the business. Hiring us means you get a team of professionals with complimentary areas of expertise for a fraction of the cost.
How much are your fees?
Our fees vary per client depending on each client's needs and involvement frequency. Contact us for a custom quote.
Are you less expensive than a CPA?
Absolutely! We focus on the day to day transactions of your business, budgets, accounts payable, and provide valuable financial observations while doing so at an affordable rate. A CPA is less involved in the day to day transactions of your business but may be valuable to your business when you need certified or audited year-end financial statements, tax returns or help dealing with the IRS.
Why should I hire a professional bookkeeping firm, instead of a solo bookkeeper?
As a professional firm, we are reliable and accountable for all the work that we complete. As a business we are required to have different business insurance coverage. In addition, your files and data is kept private and confidential in a secure environment.