Monthly Bookkeeping Packages

No two businesses are alike. Sweet Results Bookkeeping packages will be customized to fit your needs and the scope of the project. As a result, prices will vary from client to client. During the onboarding process, we will dig deeper into your specific business requirements, transaction volumes, systems and pain points to design a package that works for you.

Bookkeeping Packages start at the below rates and basic packages, but will be customized to fit your needs. Contact us today to see how we can help.

Also, Ask us about our wholesale discount to your QuickBooks Online (QBO) software!

1. BYOB – Bring Your Own Bookkeeping –

$250 month – You enter your own financial transactions.
We review your transactions for accuracy and recommend reclassifications (correcting entries)
Reporting – Balance Sheet and Profit & Loss Statement
Bank Account Reconciliations – 50 transactions, 2 Accounts

Note: Can be either cash or accrual basis accounting.

2. Simplified Cash Basis –

$350 Month – Trust us to record your financial transactions on a “cash basis”.
Reporting – Balance Sheet and Profit & Loss Statement
Bank Reconciliations – 100 transactions, 2 Accounts

Note: The cash basis of accounting recognizes revenues when cash is received, and expenses when they are paid. Think of this as recording the activity that processes through your bank accounts only.

Cash basis accounting does not give you a good picture of who owes you money (Accounts Receivable) or who you owe (Accounts Payable).

Many small businesses opt to use the cash basis of accounting because it is simple to maintain. It’s easy to determine when a transaction has occurred (the money is in the bank or out of the bank).

The cash method is also beneficial in terms of tracking how much cash the business actually has at any given time; you can look at your bank balance and understand the exact resources at your disposal.

Also, since transactions aren’t recorded until the cash is received or paid, the business’s income isn’t taxed until it’s in the bank.

3. Premium – (Recommended)

$450 Month – Trust us to record your financial transactions on an “accrual basis”.
Includes Accounts Payable (enter bills) and Accounts Receivable (invoicing).
Reporting – Balance Sheet, Profit and Loss Statement, Statement of Cash Flows, AR Aging, AP Aging
Bank Reconciliations – 250 transactions, 4 Accounts

Note: Accrual based accounting gives you a better picture of your true financial standing & profitability.

Under the accrual basis, revenues and expenses are recorded when they are earned, regardless of when the money is actually received or paid. This method is more commonly used than the cash method.

The upside is that the accrual basis gives a more realistic idea of income and expenses during a period of time, therefore providing a long-term picture of the business that cash basis accounting can’t provide.

It also, accurately records Accounts Payable and Accounts Receivable so you know who you owe and who owes you.

Add on Services –

  • Payroll Processing
  • Contractor 1099s
  • Inventory Tracking
  • Sales/Use Tax Filings
  • Budgets
  • QuickBooks Online Support

 

Note – Prices adjusted based on transaction volume, number of bank accounts and actual services contracted. Your final package price can not be determined until a thorough consultation has been completed.