Bookkeeping Services for Small Business
The long-term success and viability of your small New Jersey business depend on the accuracy of your bookkeeping. Keeping accurate books can give you a clear picture of where your business is at and any changes you should make to remain afloat. At TMD Accounting, we serve small businesses in a variety of industries and can help your business with its bookkeeping needs. When you choose to outsource your bookkeeping to us, you can feel confident in the accuracy of our services. You will also benefit from having more time to focus on running your business while we handle the bookkeeping and payroll tasks for you.
Our Bookkeeping Services
At TMD Accounting, we offer a full menu of small business accounting services, including bookkeeping and budgeting. Some of our bookkeeping services for small businesses include the following:
Where We Start
When you choose to work with us, we will partner with you to help identify the level of bookkeeping services your company needs. We will help you establish a schedule for collecting data and recording to ensure your information is handled efficiently and timely.
Monthly Cost of Bookkeeping
The costs you might have to pay for bookkeeping will depend on several factors, including your business’s size, the number of transactions you average per month, how you process payroll, the number of employees and accounts, your credit cards, invoices, bills, and others.
We offer multiple packages that can be tailored to the needs of your business. Our packages range in price based on the services you choose. When you outsource your bookkeeping to us, you will not have to worry about hiring in-house bookkeeping staff, paying additional employee benefits, and the other costs that come with having a full-time bookkeeper on staff. You also won’t have to take time away from the important tasks involved with running your business and can instead free up your time to focus on them instead of attempting to handle your bookkeeping yourself. Call Thomas M. Ditullio Accounting today to schedule an appointment.
What a Bookkeeper Does
A bookkeeper enters data and is tasked with closely maintaining your books. They typically enter financial data for your business into accounting software or ledgers, track your business’s transactions, and create financial reports. Bookkeepers track your accounts receivable and payable, process payroll, and ensure your bills and taxes are filed and reported on time. They perform reconciliations of your accounts, credit cards, and bookkeeping software to ensure they are accurate.
Some businesses train an office manager to serve a bookkeeping role in addition to their other duties. While that might work, it can also expose your business to risks if their reports and data entry are not accurate or don’t measure up to standards. Trying to do this can also cost you a significant amount of time in overseeing your employee’s bookkeeping work.
Outsourcing Bookkeeping for Small Businesses
Hiring a full- or part-time bookkeeper for your business means that you will have to pay their salary and any employee benefits you offer to your employees. It can sometimes cost much less to outsource your bookkeeping to a full-service accounting firm than to hire someone to perform these functions in-house. When you work with us, we can also help to ensure the accuracy of your books and help you understand ways that you could cut costs and save money.
Depending on the needs of your business and where it is in its growth cycle, you could choose advanced bookkeeping and accounting services to benefit from having a virtual accounting department within your business. If your business is growing, you might want to consider accrual-based accounting with reports that can help your business scale.
If having a part-time or full-time in-house bookkeeper is not the right solution for your business, outsourcing your bookkeeping and/or accounting functions to us could be the best option.
Why Outsource the Bookkeeping Services for My Small Business?
Some business owners rely on web-based or mobile applications to handle their bookkeeping tasks. However, trying to stay on top of your bookkeeping services through using these types of tools can quickly become overwhelming and take time away that you could spend focusing on something else. Because of this, some business owners fall behind with entering data and quickly become overwhelmed. Knowing that your business’s finances are being appropriately and timely handled can give you a boost of confidence while eliminating some of the worries you might have.
As the owner of a small business, you should prioritize both the needs of your business and your time. Our expert bookkeepers and accounting professionals can help you establish your bookkeeping functions and ensure your books remain accurate. In the long run, outsourcing your bookkeeping to us can be a cost-effective solution. We complete bookkeeping tasks correctly the first time so that you will always know where your business stands. Call TMD Accounting today at 1-856-228-8205 to learn how our bookkeeping services can benefit your small business.
Committed To Excellence For Nearly 40 Yrs
Thomas M. DiTullio has nearly 40 years of experience. Tom and his staff have a well deserved reputation for outstanding service in Gloucester County. Many of Tom’s clients have used his services for over 20 years. In addition to tax services, Tom DiTullio Accounting also offers payroll, and financial management. We offer many programs that are flexible, reliable, and most of all affordable.