Bookkeeping Business Model

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Get a dedicated, friendly bookkeeper who’s available whenever needed to answer your questions. You’ll be matched with a highly qualified BooksTime bookkeeper with extensive experience in your specific industry. Most entrepreneurs lack accounting knowledge and struggle to extract useful insights from their technical financial data. Our experienced accountants, however, make tracking your financials a breeze. BooksTime is a US company, wholly owned and operated by our US-based founders. We also have 3 offices in Europe and 1 office in the Philippines.

  • The experts are certified with and have been working in the industry for a good years, making then more than qualified for the undertaking.
  • Our experts are trained across a variety of software types and can serve your business using whatever works best for you and your business’s needs.
  • Bookkeeping management, calculations, and specifications for wage fund calculations, control of operating expenses, among others, are offered to clients in search of a bookkeeping firm.
  • In Seattle, BooksTime provides the bookkeeping services you need to stay on top of your finances and meet your goals.

With BooksTime, you’ll work with the same bookkeeper every month. You can rest easy knowing real professionals are handling your books. Best of all, your dedicated bookkeeper will always be available to answer your questions and be a part of your company’s journey. Another service we provide is payroll, which tends to be a complicated process with many moving parts. Different organizations have different types of salaries and wages, as well as different ways of calculating them. The system for payment depends on the scope and specifics of the company’s activities.

Dedicated, Highly Qualified Bookkeepers

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All remote BooksTime team members work under in-house US employees. BooksTime oversees all service processes to help ensure the maintenance of consistent practices and standards. By managing our operations from bottom to top, we retain maximal oversight over our operations, allowing us to deliver the highest standard of service for your business. Small businesses are increasingly using bookkeeping firms, which provide bookkeeping services on an outsourced basis. This solves many of the problems with the other alternatives described above. We at Bookstime are well aware of how crucial accurate bookkeeping is to the operation of any business, and how time-consuming record-keeping can be for those who are not qualified bookkeepers.

We help Tampa companies maximize profits, establish effective bookkeeping processes, and make sound decisions that are in line with your objectives. Our specialists can help your company to understand reporting principles and rules in Seattle. We help Seattle companies maximize profits, establish effective bookkeeping processes, and make sound decisions that are in line with your objectives. We do not make software, because our sole focus is giving you superior bookkeeping services. That said, our bookkeepers are highly tech-savvy and proficient in virtually any accounting software that your business might be using. They will use your existing program or assist in selecting software that is appropriate for your needs.

Scammers will go to lengths to fabricate positive reviews and feedback. The world wide web had also been found to be abundant with reviews made by employees at BooksTime. Quoted here are reviews from clients who had chosen to work with BooksTime and been more than satisfied.

Set-up Or Clean-up

For more information about BooksTime’s approach to technology, explore our Frequently Asked Questions. Small firms get a responsive, highly-qualified professional who is always available to provide one-on-one support. Large firms looking to outsource their entire accounting department get a team of dedicated BooksTime bookkeepers (as many as needed), supervised by a dedicated Controller. With BooksTime, you get unlimited access to a dedicated bookkeeper with expertise in law firms’ specific bookkeeping needs – so you can focus on what you do best.

It also makes BooksTime the most scalable option for growing companies with evolving needs. Do you need reliable and reasonably priced bookkeeping services in Los Angeles? Our experienced bookkeepers are here to make your routine and business more organized. We provide various services, from essential payroll to more advanced forecasting, budgeting, and financial analysis. BooksTime’s competitors also source bookkeepers from abroad, but they usually hire from totally separate subcontractors with inconsistent standards and practices. In contrast, we manage our own international workforce, with all operations under the umbrella of the same US-based company.

When it comes to bookkeeping, there are two ways of going about it – with the two methods being accrual basis and cash basis. Accrual basis can be seen as one of the better and more popular methods of bookkeeping options for a business with more than one employee in the payroll. This is because it projects a more realistic and accurate view of a company’s financial statement and position. Your BooksTime bookkeeper is more than a service provider — they’re a passionate partner in your company’s journey. They’ll be there to help you face challenges and celebrate your successes. With BooksTime, every business can afford accurate, reliable bookkeeping.

Client Reviews

  • Back-up bookkeepers available to step in if your primary bookkeeper takes time off — at no extra cost to you.
  • I know I’ve been a complicated client since I have 10 related entities, but Sheri & Kateryna have accomplished more in the 4 months I’ve worked with them then I ever dreamed possible.
  • Regardless of the software the client chooses to work with, BooksTime assures that the expert designated can adapt and work with it immediately.
  • They’ll be there to help you face challenges and celebrate your successes.

Sonya Livshits and her husband, Jacob Livshits, a technology entrepreneur, set up BooksTime working as a Certified Public Accountant who already has quite a long tenure in leading accounting firms. A consultancy for small businesses, the company specializes in providing accounting services without the client having to spend too much money or time. She earned her bachelor’s and master’s degrees in accounting from Penn State University and is a Certified Public Accountant in the state of Maryland.

Sheri began her career as an auditor in a public accounting firm and has extensive experience working with small companies. Sheri started her career in public accounting at KPMG, one of the “Big Four” elite accounting firms, where she worked with both for-profit and non-profit organizations. She has also worked in roles managing financial functions for a busy law firm and a design firm, her areas of specialty. A huge sports fan, you can usually find her on weekends rooting for Penn State, the Baltimore Orioles, or at her children’s various sporting events. Sarada is a highly qualified accounting expert with strong GAAP and GAAS knowledge, QuickBooks expertise, and magna cum laude degrees in both Entrepreneurship and Accounting. She gained several years of experience working in a public accounting firm before taking a position as a Senior Accountant at a private healthcare ministry.

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The company would also provide reminders and confirmation of amounts. And with offers and services as innovative, easy-to-understand and learn, and as ground-breaking as those mentioned here, there are many may claim them as otherwise cheaters and scam-artists. So it may seem that the ones who do claim BooksTime to be a bunch of “scammers” were removed from the company for being “scammers” themselves. While we cannot claim full evidence on this, logically speaking, it bookstime would be safe to bet that BooksTime is a legitimate business. Fortunately, BooksTime can facilitate this for the business owner. Bills – a product of the modern economy and a greater hassle for the business owner with not enough time on their hands.

Maybe you track cash flows and financial obligations in a notebook, or even in your head. We do not provide tax services, but we do connect our clients with trustworthy and experienced tax accountants. This expert will guide you through the tax process and get you the deduction you deserve.

Accrual basis gives its users the most realistic and accurate view of your financial position. But of course, everything is reliant on what the proprietor of the business sees fit for their business. BooksTime assures its clients of its versatility as it offers both Accrual Basis and Cash basis bookkeeping.

BooksTime offers business owners the choice between accrual basis or cash basis bookkeeping depending on the type of industry and its specification. Compare this offer to other firms that usually offer only one of the two bookkeeping methods. In Los Angeles, BooksTime provides the bookkeeping services you need to stay on top of your finances and meet your goals. We work with small-sized and large-sized companies from many industries. Our clients operate in healthcare, eCommerce, education, IT, and others. We also serve independent contractors and novice Los Angeles startups with limited budgets.

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