Bachelor's degree in accounting and finance from the University of Southern Maine.
Experience working in the offices of CPA's preparing business and personal income tax returns, and performing bookkeeping for clients in various industries.
I perform Bookkeeping and accounting services for small businesses and sole proprietors in any field.
Using Quickbooks Desktop and/or Quickbooks Online, recording transactions, reconciling and adjusting accounts, to provide business owners with financial statements and other reports, for their use to see their income and expenses, their financial position, and keep track of their business profits, losses and financing position, and for their income tax preparation.
*At the present time, I do not prepare personal or corporate income tax returns, so I would refer doing your tax returns to your self personally, your CPA, EA or other outside help.
Bookkeeping and Accounting Services
Bookkeeping Services include:
Data entry and Journal entries to record your business activity from your bank statements, additional documents, and cash receipts.
Bank account reconciliations and adjusting entries
Monthly Financial Statements - Income statement and Balance sheet
Recording and reconciling A/R, A/P and Payroll as additional services
A/R and A/P aging reports
Setting up your company in Quickbooks if you are just starting out or haven't compiled your finances before
and also general bookkeeping clean-ups if your bookkeeping has been messy for a period of time
Financial statements are prepared, with reconciled bank account statements, General Ledger detail and any other supporting documents ready to be handed off to your tax preparer at the end of the year.
An independent bookkeeping service is ideal for small to medium size businesses, partnerships, and sole proprietorships in any field.
Providing clients with accurate and organized financial accounting records each month enables them to analyze their income and expenses, provides a current summary of assets and liabilities, and prepares them to file their income taxes at the end of the year or to hand them off to a CPA to prepare their income tax returns.
Monthly Bookkeeping and accounting services are a valuable part of running your business and knowing where it stands financially.
Clients have accurate and up to date financial records for their business.
Clients have more free time to work on their business instead of their bookkeeping themselves, saving them time and money.
Specialized knowledge, experience and research to record business transactions in the correct accounts, to know what can and can not be deducted, accounting for transactions correctly depending on the business situation.
Completed bookkeeping work can be handed off to a CPA or EA at the end of the year for income tax preparation.
*Rather than using a CPA firm for your bookkeeping work, you might want to consider a bookkeeping company itself may be a better option, and is generally more cost effective, since a CPA firm charges higher hourly rates because their main business is income tax preparation and financial audits, and has several layers of staff review for each bookkeeping project, increasing the cost.
Services and Pricing
Monthly Bookkeeping starting at $300/month, up to 4 bank/cc statements 5 pages each maximum, +$50 each additional
-data entry from bank and / or credit card statements
-paper receipts and extra expenses not from bank statements, miscellaneous entries
-bank account reconciliations
-financial statements, income/expense and balance sheet
Accounts Payable starting at $200/month (additional service), best for companies with large volumes on invoices
-enter bills from vendors into accounting records
-client pays bills
-A/P aging reports, expense/vendor reports
Accounts Receivable Starting at $200/month (additional service), best for service based business who invoices customers
-Input invoices sent to customers and records payments received/deposited into the bank account
-match receipts to open invoices to close the invoice
-A/R aging reports for outstanding non payments
-Client invoices customers, receives payments and deposits to bank
Payroll Starting at $200/month basic fee up to 15 employees (additional service), best if you have W-2 employees and use an outside payroll company
-Enter payroll data from client records, or payroll service reports
-Reconcile/adjust payroll and tax liabilities from quarterly statements from payroll service
Non-monthly services, special one off projects, bookkeeping clean ups, set up of accounting system, etc
$65/hour basic charge
*payment due upon receipt of invoice for bookkeeping/accounting services. 10% late fee for unpaid bills for work performed over 30 days past date of invoice.
*late/unpaid invoices result in a hold for continuing service.
*for a full year of work (ie, prior years where no bookkeeping was done), 6 months of the fee is due before work begins.
Free consultation to understand your bookkeeping needs for your business.
Website: www.eatonaccounting.com
Nathan Eaton - Owner
Phone: 207-200-5337
Email:
Follow me: www.linkedin.com/company/eatonaccountingservice