Bookkeeping focuses on the recording and organizing of financial data.  It is a transactional function including the daily financial tasks of recording transactions, managing accounts payable and receivable, completing bank reconciliations and generating basic financial reports.  In essence bookkeeping ensures your data is accurate and organized for further analysis.

The accounting function interprets, analyzes, and provides strategic insights from the data prepared by the bookkeeper.  This function is broader and mare analytical.  The Accounting service would be good for a business that seeks expert guidance interpreting their financial statements, making revenue and cost assumptions and providing advice regarded to financiall performance. 

The basic financial statements will be completed with a few days of month end closing.  However, the Accountant will then review, interpret and analyze culminating in a written report to the owner and a scheduled virtual meeting at the busines owner's convenience.  This will usuallly be completed by the fifth working day after month end with the ultimate goal of a month end meeting by the tenth working day.

We will provide the 4 basic financial satements: 

1. Income Statements
2. Balance Sheet
3. Cash Flow 
4. Statement fo Equity.