What Services Does
Kaitlyn’s Bookkeeping Offer?
Are you tired of spending hours maintaining your company’s books each month on your own?
Are you sure your financial records are 100% accurate?
Are you frustrated because you can’t seem to keep all of your accounts organized?
Are you wondering where to even start?
What Can Kaitlyn’s Bookkeeping Do For You?
Using the double-entry bookkeeping method, we can work with your choice of bookkeeping software (such as Quickbooks or Xero) and spreadsheets.
We can enter/record financial transactions into daily or weekly journals, depending on the volume of transactions.
We can receive and record cash, checks, credit/debit transactions, invoices and expenses.
We can separate transactions into different accounts within the ledger to better see what money is coming in and what money is going out.
We can produce reports such as balance sheets, income statements, profit and loss, and Statement of Retained Earnings.
We’ll check figures, postings in journals, and reports for accuracy.
We keep your accounts organized in the General Ledger.
We’ll reconcile and report any differences found in your records.
Examples of accounts we work with are: Cash, Accounts Receivable, Accounts Payable, Sales, Inventory, Cost of Sales, Payroll Expenses, and Owner’s Equity.
We will have your employees complete a W-4 form for the calculation of federal tax withholdings on their wages.
We gather all the payroll information for each pay period, such as collecting timesheets.
We calculate gross wages for each employee, including any acquired over a period of time.
Determine the proper withholding amount for federal income tax.
We deduct other required amounts from gross pay, such as social security, medicare, etc.
We will compute other deductions and submit payments.
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