Bookkeeping Services for Small Businesses
At Lucenti Group, LLC, we offer comprehensive bookkeeping services for small businesses. Without the burden of bookkeeping, you’ll be free to generate new business, run daily operations, and take advantage for opportunities for growth.
Our bookkeeping services are designed to be economical, convenient, and pay for themselves. When we meet to discuss your custom package, we’ll go over the accounting and bookkeeping services you need and create a detailed plan that works for you. We do everything an accounting department can do but without the overhead, including:
- Outsourced bookkeepng
- Outsourced accounting
- Payroll processing
- Accounts payable and receivable
- Financial statements and reporting
- Monthly closings
- Balance sheets
- Cash balance tracking
- General ledger maintenance
- Credit card reconciliations
- Bank reconciliations
- QuickBooks™ file clean-up
Call us now at 480-933-8720 or request a free consultation online to get started.
Why Outsource Your Bookkeeping
QuickBooks is easy right? You just connect the bank feeds and voila, you’re an accountant! Not so fast...you may think your office manage can handle your bookkeeping but that’s a mistake!
Your Office Manager is NOT a Bookkeeper
Your office manager could be costing you thousands in unnecessary income taxes each year just because she’s not a professional accountant or bookkeeper! And if she is, you’re likely paying your office manager too much! An amazing office manager is a coveted employee for sure! Someone who is a go getter and likes to take on new responsibilities is a huge asset to your business. Keep them around! But use them for more productive tasks and leave the bookkeeping to the professionals.
Save Money on Taxes
If there’s inaccuracies in your bookkeeping it is very difficult for your tax accountant to spot them if they’re not looking at the detail behind those account balances. You may have noticed your tax accountant makes you sign an engagement letter each year. That engagement letter says they’re not looking at the detail of your accounting records and that you’re responsible for the information you give to them. What that means for you is whatever totals you send your accountant is what he or she is using to file your tax return. Here are some common errors we see that are costing business owners thousands in taxes each year!
- Duplicated sales transactions
- Non-revenue deposits classified as revenue increasing your taxable income
- Assets categorized as expenses
- Loan payments recorded without expensing interest
- Deductible expenses classified incorrectly as non-deductible expenses
- Missing or duplicated transactions
- Bank transfers recorded as income or assets
- No reconciliation of monthly accounting
- Reconciliation completed but leaving unreconciled transactions causing inaccuracies in your taxable income
Contact our Mesa, AZ accounting firm at 480-933-8720 or request a free consultation online to learn more about why outsourcing is the right solution for small businesses.