Low-Cost Business Bookkeeping and Accounting Services.

Business bookkeeping and accounting services, at a low monthly affordable rate.

Every small business owner wants to make their accounting easier. Therefore, as a business owner you should understanding that having to set up the Bookkeeping or Accounting process includes; connecting business bank accounts, doing data entry and reconciling all transactions. It also involves checking for errors and looking for ways to simplify the accounting processes.

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Accounting vs. Bookkeeping: What's the difference?

Accounting and bookkeeping work hand in hand, and although many people refer to bookkeeping and accounting interchangeably, these two operations aren't technically synonymous.

What is bookkeeping for small businesses?

Bookkeeping is a core part of business finances; it can impact the growth and success of your small business. When it comes to bookkeeping, there are two options to choose between; single or double entry accounting system. The entry option you choose, impacts how your finances are managed and how your bookkeeping processes will work.

Options include:

  • Basic data entry in a data software platform

    Single-entry accounting records all of your transactions once, either as an expense or an income. This method is great for smaller businesses and doesn’t require significant inventory involved in their finances.

  • Working with certified public accountants – (a mainstay in your accounting and financial structure).

    Double-entry accounting enters every transaction twice, as both a debit and a credit, to “balance the books” between accounts. This option is a bit more complex, but it helps to spot and prevent errors in recording transactions.

Choosing between cash or accrual-based accounting method.

The Cash-based accounting method - records transactions when money changes hands. However, this method doesn't keep records of invoices or your company's outstanding bills, until they've actually been paid.

The Accrual-based accounting method - records all invoices and bills even if the funds haven’t been exchanged. Generally, accrual-based is the recommended accounting method, but still the final decision is entirely up to you.

Managing transactions, Handling accounts receivable and payable.

Managing transactions is a day-to-day part of bookkeeping. This includes importing and categorizing transactions properly, reconciling these transactions and making sure they’re recorded according to your entry system and accounting method.

Small companies have to handle all business aspects of accounts receivable, to ensures that your business is paid for its goods or services it provides. This can include estimating the eventual value of a finished project, preparing and sending invoices and providing statements.

Bookkeeping also includes paying your business pays bills and invoices on time, which is known as accounts payable.

Some businesses handle the payroll process in-house, using an accounting software; while others will have a separate payroll software or payroll service provider.

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Coordinating with RCA’s Bookkeepers and Tax Professionals

The accountants and bookkeepers at RCA, will take care of your bookkeeping and accounting needs, without you having to tirelessly search elsewhere for the right accountant or bookkeeper.

Like a trusted partner; We provide the support, services and knowledge you need to help you run your business with very few obstacles.

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Get a No risk, No obligation, Tax Consultation

Here’s how RCA’s Accounting and Business Bookkeeping Service Works. Our specialist help you stay on top of your finances; outline and help you understand where you’re spending money, calculate and file your taxes with the IRS and with your State.

Here is what we’ll take care of all of your:

  • Journal entries
  • Reconciliations
  • Transaction reports
  • Tax preparation
  • Tax filing.

We’re at your service, so you can have peace of mind, knowing that our experts are hard at work for you, while you take care of the business of running your business. 

Schedule a Fee Consultation

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Hi, how are you ?

What are you doing tonight ? Want to go take a drink ?

Hey Megan ! It's been a while 😃

When can we meet ?

9 pm at the bar if possible 😳

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