Secure Your Company’s Financial Health with First-Class Bookkeeping and Reporting
BestLyfe bookkeeping services go beyond the basics. We identify opportunities to scale your operation, cut back on expenses, and optimize your financial growth strategy―all in one service.
Want to know more?
Get a Flexible Fee Based On The Volume of Your Transactions
The cost of bookkeeping is always affordable because it is determined by your company’s activities. Our bookkeeper will:
- Set up and update your QuickBooks account
- Classify your transactions.
- Optimize your chart of accounts.
- Complete monthly reconciliations of your accounts.
- Provide personalized training to optimize your QuickBooks settings.
Not Sure What Your Business Needs? Let’s Talk.
We offer free 30-minute consultations to business owners who simply need to know what level of service is best for them. Get all the information you need to make a decision.
How It Works
Are you ready to put a winning strategy in place for your business?
Fill out the form, choose the service you’d like, or choose Multiple Services.
We’ll set you up with the right expert to answer questions and create solutions for your business.
What Our Customers Have to Say
Frequently Asked Questions About Bookkeeping Services
What if my volume of transactions is too low to justify hiring a bookkeeper?
Low volume? All the better. The fees are relevant to your company’s current level of activity. Low activity means a lower fee and no reason to opt out of such a valuable service.
Do I really need to hire a bookkeeper?
Hiring a bookkeeper is a wise decision for any business, regardless of its size. A bookkeeper plays a vital role in maintaining accurate financial records, tracking transactions, and ensuring compliance with tax regulations. This not only provides a clear financial picture of your business but also allows you to make informed decisions based on reliable data and attract investors.
What is the difference between a bookkeeper and a CPA? Do I need both?
A bookkeeper and a CPA (Certified Public Accountant) serve different but complementary roles in managing your business finances. A bookkeeper is responsible for day-to-day tasks such as recording transactions, reconciling accounts, and generating financial reports. A CPA, on the other hand, is a licensed professional with expertise in tax planning, financial analysis, and audit services.
While a bookkeeper handles routine financial tasks, a CPA provides higher-level financial expertise and can offer strategic advice. Depending on your business needs, you may choose to hire both a bookkeeper and a CPA, or you may opt for a full-service accounting firm that provides both services under one roof.
Bookkeeping is not a revenue-generating service, so why spend money on it?
Bookkeeping might not be a revenue-generating service, but it’s a value-adding service. While it does not directly generate revenue for your business, it prevents losses you’re currently facing.
Moreover, proper bookkeeping ensures compliance with tax regulations and helps identify potential cost-saving opportunities. By investing in professional bookkeeping services, you not only save valuable time but also gain peace of mind knowing that your financial records are accurate and reliable.
My CPA doesn’t even look at the documents and reports prepared by the bookkeeper, so why even get the service?
While it may seem that your CPA doesn’t directly interact with the documents prepared by the bookkeeper, having a professional bookkeeping service in place is still invaluable. Here’s why:
- Accuracy and Compliance: A dedicated bookkeeper ensures that financial records are meticulously maintained, reducing the risk of errors or discrepancies. This is crucial for regulatory compliance and tax reporting.
- Time and Cost Efficiency: By outsourcing bookkeeping, you free up valuable time that can be better spent on other critical aspects of your business. Additionally, the cost of correcting errors or addressing compliance issues is often higher than investing in professional bookkeeping services.
- Strategic Financial Management: Accurate and up-to-date financial records provide a solid foundation for strategic financial planning and decision-making. This empowers you to make informed choices that can positively impact your business.
- Enhanced Collaboration: While your CPA may not directly handle the day-to-day bookkeeping, having organized and accurate records allows for smoother collaboration between your CPA and bookkeeper when it comes to tax planning and financial advice.
- Audit Preparation: In the event of an audit, having well-maintained financial records can simplify the process and demonstrate your business’s compliance with tax and financial regulations.
- Investor and Stakeholder Confidence: Reliable financial records instill confidence in investors, lenders, and stakeholders, which can be crucial for securing financing or attracting potential partners.
Remember, even if your CPA may not review every transaction, having a professional bookkeeping service ensures that your financial records are consistently maintained at a high standard, which is a fundamental aspect of sound financial management.
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