If you decide to go with us, we’ll take bookkeeping off your plate—for good.
Our accounting services put business owners at ease who tend to try to do everything themselves. We provide specialized accounting services in preparation of monthly, quarterly, and annual financial statements for small to mid-sized businesses that utilize QuickBooks accounting software. There are many complexities that come with a growing new business when you are a startup and an emerging company. At NumberSquad, our team of experts is here to provide your startup ongoing support. Shaw & Sullivan is an accounting and business advisory firm based in Alexandria.
It can be difficult to gauge the appropriate time to hire an accounting professional or bookkeeper ― or to determine if you need one at all. While many small businesses hire an accountant as a consultant, you have several options for handling financial tasks. Other programs charge annual or monthly fees and offer advanced features such as recurring invoices or purchase orders. While these services come at a cost, they can maximize the accuracy and efficiency of vital financial management processes. When interviewing for a CPA, look for an accountant who understands tax law and accounting software and has good communication skills.
- We do this work for our clients and reconcile every account that is involved with the operation of business.
- You can use a firm or work with accounting software for your business needs.
- The Bookkeeper, under the direction of the Property Manager, will be responsible for maintaining the financial records and resident files.
Once we have everything set up, we’ll complete a month of your bookkeeping in 1-2 days. Our bookkeepers reconcile your accounts, categorize your transactions, and make necessary adjustments to your books. The end result is a set of accurate financial statements—an income statement and a balance sheet. Accountants advise leadership on how to make more strategic financial changes that save the company money or generate more profit. For some of the businesses that they do, accountants also need to be registered certified public accountants (CPAs). That’s why it’s so important to understand the nuances between bookkeeping and accounting.
Although both can prepare your tax returns, a CPA is more knowledgeable about tax codes and can represent you if you get audited by the IRS. Bookkeepers handle the day-to-day tasks of recording financial transactions while accountants provide insight and analysis of that data and generate accounting reports. As a bookkeeper, your attention to detail must be almost preternatural.
What does an accountant do?
The best solution is to turn to 3-iT Accounting & Financial Services Corporation for outsourced bookkeeping and accounting services. We’re a local Alexandria, VA Accounting Firm that works with all types of small businesses. Accounting & Taxation Solutions offers a complete and in-depth menu of financial solutions to clients in the Northern Virginia https://accounting-services.net/ area, just as the company has since it began in 2002. The company’s Certified Public Accountants serve the accounting and taxation needs of individuals, families, and small businesses alike. In addition to tax planning and preparation, the company offers expert QuickBooks training services to help clients manage their finances using this software.
Trending Searches in Alexandria, VA
That’s why we make it a point to always keep you updated with your bookkeeping. Our team of pros is familiar with Virginia tax rules and will customize their approach to your business’ unique needs. Julia is a writer in New York and started covering tech and business during the pandemic. To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website.
However, we are one of the very few CPA in Alexandria, VA and surrounding areas who offer a truly personalized service for an affordable fee. Call (703) 448 – 9121 to discuss your business and individual accounting requirements. You can also look at the American Institute of Certified Public Accountants to find CPAs with skills in certain areas, such as employee benefits or personal finance. A CPA is an accountant who has met their state’s requirements and passed the Uniform CPA Exam. They must also meet ongoing education requirements to maintain their accreditation.
Arthur Lander Certified Public Accountant & Attorney at Law
Our accounting services for small businesses in the Alexandria area are based on years of experience with accounting and bookkeeping. Whether you need tax return help, bookkeeping services, estate tax return, corporation tax return, S-Corp return or one of the many other services we offer, go ahead and contact us right away. We will usually respond to your inquiry within 1-2 hours, and if you send us a request for a quote, then we will respond within 24 hours. Check out our reviews of the best accounting software for small businesses so you can create invoices, record payments, collect receivables and run reports that help you manage your financial health. Both accounting and bookkeeping play an important financial role in business, there is a difference between the two. Bookkeeping is a direct record of all purchases and sales your business conducts, while accounting is a subjective look at what that data means for your business and cash flow strategies.
There are no formal educational requirements to become a bookkeeper, but they must be knowledgeable about financial topics and accounting terms and strive for accuracy. A bookkeeper is not an accountant, nor should they be considered an accountant. Bookkeeping is a great starting point if you are interested in the field but not fully committed and want to test the waters. You may also be an ideal bookkeeping candidate if you want a good job with a respectable wage and decent security but may not be looking for a long-term career. Bookkeeping offers much lower barriers to entry, and the competition you face in the job search is less fierce. How much you make as a first-year accountant depends mainly on the specific career path you pursue.
A bookkeeper is skilled at keeping documents and tracks a wide net of financial information. Bookkeepers who are interested in switching jobs but do not have a college degree might consider becoming an EA after a stint with the IRS. This job doesn’t require a college degree, only five years of tax experience with the IRS. If you are already a CPA, you can act as an enrolled agent without passing the exam. You can become a bookkeeper right out of high school if you prove you are good with numbers and have strong attention to detail. In fact, many aspiring accountants work as bookkeepers to get a foot in the door while still in school.
We are searching for a part-time bookkeeper to support our small business clients with their bookkeeping needs. 1-800Accountant helps individuals in Alexandria throughout their small business journey, from picking an entity and planning taxes to handling day-to-day accounting. With local accountants on the roster, business owners receive advice and services from professionals familiar with the regulations sanctioned on their turf. The agency also offers expertise in payroll management, tax preparation and filing, and audit defense. Its clients include real estate firms, truck operators, e-commerce stores, freelancers, and nonprofit organizations.
Accounting Firm in Alexandria, VA
Its team of professional accountants is dedicated to providing clients high-quality accounting services at all times. The company has been providing its expertise to the community since 1997. Over the years, it has been supporting local community organizations like Caring Bridge and Jewish Women International. You can count on us to skillfully manage your finances while saving you both time and money.
What’s the Difference Between Accountants and Bookkeepers?
Bookkeepers and accountants are both critical for the financial health of a company. If you’re not tracking daily expenses, you’ll have very little information to give to your accountant and they won’t be able to make informed decisions. If you’re only focusing on expenses and not big-picture financial data, you’ll bookkeeping alexandria miss out on some strategic opportunities. Accounting is for trained professionals who can give a fuller summary of your company’s financial realities. Accountants rely on financial statements from bookkeepers to do their work, but they also look for larger trends and the way money works across the business.
