Bookkeeping

Taxes? Bookkeeping? Shipping? Packaging? -- What do they all have in common? Keystone Tax Service can do them all.

WHAT WE DO

Forget about spending hours each week working on reconciliations, journal entries, or bill payments. We take care of the necessary bookkeeping tasks to provide you with monthly Profit & Loss and Balance Sheet statements utilizing QuickBooks Online. Every business requires some form of bookkeeping to keep track of  their transactions and safeguard cash flow. Accurate bookkeeping is critical to monitor your business expenses and streamline taxes.

Each month we will reconcile your bank accounts and credit card statements to expenses. In addition, we ensure the mappings from Postalmate are accurately imported into your chart of accounts within QuickBooks. Once your accounts are in balance, we then prepare your monthly Financial Reports

Chart of Accounts

A chart of accounts is a financial tool that lists all the accounts in an accounting system. It includes a unique record for each type of asset, liability, equity, revenue, and expense. It's a key part of bookkeeping, accounting, and financial reporting, used to categorize transactions and group similar accounts for reporting

Reconciliations

Reconciliation is a process that compares two sets of records to ensure that the actual amount of money spent matches the amount that is shown leaving an account at the end of a fiscal period. It is performed regularly by businesses to check for errors or irregular activity.

what is bookkeeping?

   Bookkeeping is a key part of the accounting process that involves recording a business's financial transactions on a day-to-day basis. It can be done as often as daily, weekly, or monthly. Bookkeeping helps ensure that records are accurate and up-to-date, and it provides businesses with the information they need to make financial decisions