Frequently asked questions
What are the fees?
The Number Crunchers use a flat monthly fee based on the complexity and number of transactions your business has per month. Contact us today to discuss your business needs.
What type of bookkeeping services do you offer?
The Number Crunchers offers a comprehensive range of QuickBooks bookkeeping services tailored to the needs of small businesses in Northwest Arkansas. We are QuickBooks Certified ProAdvisors. Our services include:
General Ledger Maintenance: Accurate and up-to-date record-keeping.
Accounts Receivable and Payable Management: Efficiently managing your cash flow.
Financial Reporting: Clear and informative financial statements.
Customized Solutions: We can tailor our services to meet your specific business needs, whether you require bookkeeping or accounts clean-up to prepare for tax season.
How does monthly bookkeeping work?
We use Quickbooks to carry out the following;
Categorization: Throughout the month we categorize each transaction based on its nature (e.g., income, expense, asset, liability).
Bank Reconciliation: At the end of the month, we compare your bank statements with your accounting records to ensure that they match. This helps identify any errors or discrepancies and keep your books clean and accurate.
Financial Report Preparation: Once your records are reconciled, we prepare financial reports, such as income statements, balance sheets, and cash flow statements. These reports provide a snapshot of your business's financial health and give you concise data needed to manage your business.
What are the benefits of monthly bookkeeping?
Improved Financial Visibility: Monthly bookkeeping gives you a real-time view of your business's financial performance.
Enhanced Decision-Making: By having up-to-date financial information, you can make informed decisions about your business.
Simplified Tax Preparation: Monthly bookkeeping can make tax preparation easier and more accurate.
Early Detection of Problems: Regularly reviewing your financial records can help you identify and address potential issues early on.