Our services.
Categorize Transactions
Categorizing your transactions is one the most important things a business can do to make sure that their company is moving in the right direction with your finances. We will categorize all your transactions and make sure they are in the right place so you get accurate and pertinent reports.
Produce Profit and Loss Statement
The IRS requires a profit and loss statement from businesses every year. This is provided for you and assures that when tax season comes, you will be ready to work through your business finances with your accountant, being able to focus on the best ways to grow your business financially.
Reconciline Bank/Credit Accounts
Reconciling your bank and credit card accounts verifies that all transactions are accounted for and not duplicated. Missing or duplicated transactions will affect your final numbers and could cause you to pay more in taxes or take actions that may not be necessary or in the best interest of the business.
Book Clean Up
Sometimes, our books get a little behind, or maybe a lot behind. This can be a daunting reality. We can help with that at Transaction Wise Bookkeeping LLC. We will work, doing all the things above, to make sure that you get your books up to date and in a place where you can make the best financial decisions moving forward for your company.