ORANGE COUNTY BOOKKEEPING

LET US FREE YOUR TIME TO FOCUS ON WHAT YOU DO BEST

If you’re a small business, chances are you are wearing multiple hats. Managing money may be the most tedious job of all. You need to outsource to an Orange County bookkeeping service so you can do what you really love.

A CPA won’t run your business, but he or she will make things a lot easier. When you have a CPA manage your bookkeeping, you can rest assured you are in the hands of someone who has experience running different types of businesses. Knowing the ins and outs of proper money management, and complying with always-changing laws ensure that your business will be a success and it will stay a success.

WHAT DOES A BOOKKEEPER DO?

A bookkeeper handles all or the majority of your finances for your small business. He is responsible for day-to-day accounting procedures and tasks such as balancing and updating bank accounts to ensure that all payments and deposits have been accurately reported.

A bookkeeper is also responsible for knowing which payments need to be remitted and will make sure all the money you’re expecting to come into your business will come in, and all the money you are responsible for paying out of your business will be paid.

TASKS THEY DO

  • Processing invoices, receipts, payments and other financial transactions
  • Preparing initial financial statements
  • Maintaining payroll-we use a payroll service
  • Reconciling accounts and preparing reconciliation reports
  • Managing accounts payable and accounts receivable (i.e., what you’re making and what you owe)

TASKS THEY WON'T DO

  • Taxation advice and planning
  • Business establishment assistance
  • Representation in auditing cases
  • Corporate reporting and compliance
  • Superannuation fund advice
  • Financial management advice

DO I NEED A BOOKKEEPER OR A CPA?

Hiring a CPA is different than hiring just a bookkeeper. A CPA can do more than just help keep your records straight. He can analyze your business and help your business grow. He can help you see the big picture to ensure you are heading in the right direction towards success.

Starting out as a small business, many only need a bookkeeper. Many can even do this task themselves. As you grow, however, make sure you are working with more experienced professionals. A bookkeeper can work day-to-day tasks, but it is best to contact a CPA if you have more complex and even legal questions about your business.

If your business is growing too quickly and you need help—hire a CPA firm for your bookkeeping duties. If you plan on continually growing your business, your finances will get more complicated. Working with the same CPA throughout the year will ensure all transactions with the IRS go smoothly when tax season comes around, or if you’re surprised with an audit.

A bookkeeper focuses on daily, weekly and monthly tasks. A CPA can complete all those tasks as well, but can also offer a higher level of expertise with experience and opinions, rather than just filling in numbers. A CPA can provide advice and other analysis, such as year-end financial statement preparation and tax returns. Work with a CPA to make expert financial decisions.

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DO I NEED A BOOKKEEPER OR A CPA?

Starting out as a small business, many only need a bookkeeper. Many can even do this task themselves. As you grow, however, make sure you are working with more experienced professionals. A bookkeeper can work day-to-day tasks, but it is best to contact a CPA if you have more complex and even legal questions about your business.

If your business is growing too quickly and you need help—hire a CPA firm for your bookkeeping duties. If you plan on continually growing your business, your finances will get more complicated. Working with the same CPA throughout the year will ensure all transactions with the IRS go smoothly when tax season comes around, or if you’re surprised with an audit.

A bookkeeper focuses on daily, weekly and monthly tasks. A CPA can complete all those tasks as well, but can also offer a higher level of expertise with experience and opinions, rather than just filling in numbers. A CPA can provide advice and other analysis, such as year-end financial statement preparation and tax returns. Work with a CPA to make expert financial decisions.

Computing Tax Insurance

SET AN APPOINTMENT NOW

Our experience with local businesses spans over 35 years here in Orange County. Our expertise ensures that you comply with all federal, state and local business and finance laws and regulations while you successfully run your business.

We have the experience to ask you the right questions. Each business is different, and may be required to follow special regulations, depending on your service or the products that you sell. We can assist with financial matters so the only thing you need to worry about is running your business.

GET IN TOUCH

2361 Campus Dr #99 Irvine, CA 92612

Monday-Friday: 9:00am-5:00pm

(949) 851-1632

chris@wynkoopcpa.com