Services
As A Strategic Partner I Help Business Owners Save Money And Grow Their Business
If you’re in need of an honest and reliable Bookkeeping professional service please contact us. It would be our pleasure to apply our experience to your specific situation. At Texas Essential Bookkeeping Services, we specialize in Bookkeeping services for customers that are in a growth phase and have outgrown their manual time consuming processes for their bookkeeping, startups, small businesses, sole proprietors and individuals.
Bookkeeping Process Optimization
Streamline your bookkeeping, bill payment, payroll, invoicing, and other back office processes, saving you time and money.
Business Bank Reconciliations
We record and balance all transactions from your bank account so that your business has a firm grasp on current cash positions. Assisting with the cash flow by maintaining a proper of money coming in and out of your company.
Credit Card Management
When you use your credit cards, we record each transaction to help you manage expenses and know where your money is being spent.
Financial Reporting & Analysis
Creating monthly, quarterly or annually reports for your company, AR aging, AP aging, balance sheets, income statement and statement of cash flow.
Bookkeeping Services Includes
- Gathering financial transactions and activity provided directly or through our Client Management System
- Reviewing the activity and verifying that all relevant information has been received
- Entering and reconciling financial activity from source documents (bank and credit card statements, point of sale reports, etc.)
- Producing and delivering accurate financial information that our clients can use to manage their businesses
HOW CAN WE HELP?
WE’RE HERE TO HELP YOU CREATE A FINANCIAL ROADMAP TO THE TOP
SO YOU HAVE A CLEAR VIEW ALL THE WAY UP
ELEVATE
- Review and diagnose your books
- Clean up and catch-up your books
- Monthly online bookkeeping and accounting
- Monthly or quarterly checkups
EMPOWER
- Financial and accounting strategy, coaching and consulting
- Customized workflows
- DIY Success program
TRANSFORM
- Streamlined financial reports
- Regular profit strategy meetings
LIFT
- Outsourced back office A/P and Payroll
- Customized set up of
- QuickBooks Online
- App integrations
Bookkeeping Clean-Up
Your Bookkeeping Disaster Is Our Happiness!!
Are your books two years behind? Are you still putting off that large accounting project, dreading the countless hours lost on data entry? Not even setup? Can’t seem to reconcile that credit card account?
We specialize in thorough data reconstruction cleanup services and QuickBooks set-up. We’ll get you caught up so you can file taxes, apply for loans, prepare for an audit, or just have CLEAN BOOKS for a change!
CASH IN-CASH OUT CLEANUP
- Bank reconciliations – reconcile bank transactions in QuickBooks against bank statements
- Input missing transactions / Delete duplicate transactions
- Process transactions in bank feed
CATEGORIZATION CLEANUP
- Services included in Cash In-Cash Out Package
- Correct miscategorized or uncategorized transactions (excluding checks)
- Input and correct customers names on deposits (not sales receipts or invoices)
- Input and correct vendor names on charges (excluding checks)
- Provide a Profit & Loss Statement (P&L) and Balance Sheet
CHAOS-TO-CLARITY CLEANUP
- Services included in Cash In-Cash Out and Categorization Packages
- Apply vendor payments to bills and cleanup existing A/P (accounts payable)
- Apply customer payments properly and cleanup existing A/R (accounts receivable)
- Cleanup Undeposited Funds
Monthly Bookkeeping
Bookkeeping Made Easy!!
Are bookkeeping chores preventing you from focusing on your business? If you are struggling with keeping up with the bookkeeping tasks for your business, you need to hire a professional. If you can’t afford a full time bookkeeper but would enjoy the expertise that comes along with one, Texas Essential Bookkeeping Services can help.
Not local? No problem! Because we’re Virtual we service businesses all over the United State of America without any problems!! For start-up businesses, growing businesses and mature corporations, we provide business bookkeeping.
Bookkeeping Monthly Services
- Input all transactions for bank accounts and/or Credit card accounts
- Categorization of Bank and/or Credit Card Statements
- Reconcile bank accounts and/or credit card accounts.
- Syncing and recording transactions
- Make any adjusting entries needed.
- Provide Balance Sheet, Profit and Loss and any other reports needed
- Daily Account Overview
Year-End Bookkeeping
- Enter all transactions for the entire year
- Reconcile all bank and credit card accounts.
- Make all general journal entries
- Provide report needed for your tax preparer
Budget Management and Advice
If you want your company to grow, budgeting is extremely important. Texas Essential Bookkeeping Services can help you to more effectively manage your finances by creating a budget that will show you where money is being wasted and how you can improve. Our sound financial advice will help you to effectively plan for the future of your business. We’ll help you create a plan for achieving your financial goals for your business.
Payroll Services
Why Outsource Your Payroll?
Besides reducing the burden of updating, customizing, and maintaining your own payroll system, outsourcing your payroll to our Texas Essential Bookkeeping Services allows for accurate and efficient results. By handling data entry and being up-to-date on best practices, the accounting professionals at Texas Essential Bookkeeping Services remove the need to hire specialized employees. Eliminate the risks of calculating and filing your own payroll taxes by having professionals do it for you. Payroll can differ month to month due to overtime, sick pay, and vacation time; let us keep account of these variables for an accurate payroll report. We can provide these easy to understand reports at a monthly, quarterly, and annual basis, and we can generate payroll tax reports such as the W-2, W-3, 1099 and 1096 forms.
Outsourced Payroll Services
At Texas Essential Bookkeeping Services, we provide worry-free payroll, IRS and state tax reporting, and EFTPS tax deposits. Our comprehensive payroll services include a variety of payment methods which include printed checks that meet the micro-encoding standards set forth by the Federal Reserve System.
Managing payroll may not seem like a critical task until something goes wrong.
It can be time-consuming, but, more importantly, it requires a good knowledge of the tax laws and deposit rules. It can be challenging to keep up with all of these tasks. In addition to paychecks, a professional payroll service can help generate the payroll forms that you require, file your payroll tax returns and more in order to help you keep your business running smoothly.
At Texas Essential Bookkeeping Services, our payroll services are designed to provide you with a comprehensive solution for managing your payroll duties.
With our services, you will only need to provide your employee data, such as the hours that have been worked, employee address information and other related details. Once we receive the data, we’ll handle the rest.
Here are the payroll services that we offer
- Maintain Employee records
- Processing weekly / bi-weekly / semi-monthly / Monthly payroll
- Provide pay Checks/Stubs to be distribution to employees.
- Provide Summary and /or detailed payroll reports
- Prepare tax deposit with instructions on how and when to pay
- Prepare all monthly and quarterly federal, state and local payroll returns
- Prepare all year end reporting includes w2’s and annual reconciliation return
Using a payroll service might not seem necessary for managing your payroll, until there is a problem. Correcting issues with payroll can be time-consuming and also requires a thorough understanding of the tax laws and deposit rules.
Using a professional service like Texas Essential Bookkeeping Services can take the headaches out of doing your payroll. We’ll also monitor all applicable federal, state and local laws that may affect your tax filings. We’ll stay on top of these updates so that you will never have to worry about being left behind.
Business Consulting
Our Hands On Approach Helps Your Business Become A Better Business!!
Texas Essential Bookkeeping Services considers its role as an experienced and trusted business advisor on issues of critical importance to your business: new start-ups, finance, operations and profit planning.
A trusted business advisors we can help you by delivering services that keep your business on the right track in an increasingly complex and rapidly changing environment.
If you want an objective opinion based on years of helping businesses similar to yours, you’ve come to the right place. Relying on our experience in strategic planning, feasibility studies, information systems evaluation and outsourcing opportunity evaluations would be your best step toward greater success.
By being business consultants we can help you make logical decisions and avoid pitfalls that your business can do without. When you retain our services, you can rest assured that your business is in good hands.
Quickbooks Set-Up
Don’t Stress Behind Your Quickbooks Set-Up
Although QuickBooks is designed for the layman to understand, the initial setup and installation must be done correctly in order for future information to be accurate.
All information necessary to setup manual accounting records is also necessary to setup and install QuickBooks on your desktop. This task is even more complicated if you switch from manual accounting operations to QuickBooks in the middle of the year.
Which accounting method will you use? What chart of accounts do you need for your business? How do you handle beginning balances?
An expert can easily answer all of these questions and complete the initial Setup and Installation in a timely manner for your business.
Our QuickBooks bookkeeping services are designed to meet the budgets of our clients. We’ll first discuss your business and your bookkeeping needs with you before we quote a price for our services. We work with many small to medium-sized businesses and we guarantee fair pricing along with customized services to solve your challenges.
Quickbooks Service
10 Reasons Why You Should Use QuickBooks
QuickBooks is the ideal business accounting software for small to mid-sized business owners. Here’s 10 reasons why you should be using QuickBooks.
- You save time on bookkeeping and paperwork because many of simple bookkeeping tasks are handled automatically making it easier to run your business.
- You can easily generate the reports with the information you need, so you always know where your business stands. You instantly know whether you’re making money and whether your business is healthy.
- You save money because QuickBooks is so affordable. You can use it to run a $5 million or a $25 million business for a few hundred bucks. PC accounting software is truly one of the great bargains in business.
- Your business can grow with QuickBooks. QuickBooks will help you design a business plan to use when trying to secure a small business loan or line of credit or to plan for the future. QuickBooks will create a projected balance sheet, profit and loss statement and statement of cash flows in the format recommended by the U.S. Small Business Administration.
- You can customize QuickBooks to work the way you want. QuickBooks is specifically designed to be flexible and adaptable to a wide range of small businesses. To broaden its appeal, QuickBooks has recently added customized accounting packages for Contractors, Retailers, Health Care Professionals, and Non-Profit organizations.
- You can rest assured knowing that QuickBooks is a stable, reliable and proven product. Hundreds of thousands of small businesses throughout the world have chosen QuickBooks as their accounting software. You can’t go wrong with a software program with such an extensive installed user base.
- You save typing time and errors by sharing data between QuickBooks and over 100 business applications. You can even share data with popular programs, such as Microsoft Excel, Word, Outlook and ACT.
- You will get paid faster with QuickBooks online payments. E-mail an invoice or statement and with QuickBooks Online Billing, your customer can easily pay you with a credit card or bank account transfer. No more waiting for the check in the mail!
- You can easily accept Credit Cards. With QuickBooks Merchant Account Service, you can accept credit cards with ease. QuickBooks Merchant Account Service is the only credit card acceptance service integrated with QuickBooks software, which means you don’t have to enter the same data twice. No additional software or hardware is required. Your customers can use Visa, MasterCard, or American Express.
- You can pay your bills and bank online. Setup your current bank account in QuickBooks, and you’re ready to pay your bills without licking envelopes, sticking stamps, or printing paper checks. Just write checks in QuickBooks as you normally would, then click a button and your participating bank does the rest! Pay anyone in the U.S. from your credit card companies to your pizza service. Online Banking also lets you download your monthly statement from your participating bank directly into QuickBooks for easier reconciliation.
These Are Just A Few Reasons Why We’re Leaders Bookkeeping & Consulting Services
Let's talk about you now