I have Bachelor's degree in accounting and finance from the University of Southern Maine, and am also completing the CPA exams to become a certified public accountant.
I have experience working in the offices of CPA's preparing business and personal income tax returns, and performing bookkeeping for clients in various industries. I have also worked in the accounting departments of a corporate rental real estate developer, and in a regional manufacturing/processing firm, at a bank and for a utility company.
In my accounting practice, Eaton Accounting Service, I perform bookkeeping and accounting services for small to medium size 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
Bank account reconciliations and adjusting entries
Monthly Financial Statements - Income statement and Balance sheet
A/P and A/R including billing, bill pay, invoicing, recording, and A/P and A/R aging reports as additional services
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 for your personal and business use, and to be handed off to your tax preparer for compliance at the end of the year.
I work using Quickbooks accounting software, Google Drive storage software, my business telephone line, my business website, and via e-mail.
My bookkeeping and accounting services are provided via a virtual service. In other words,
-Either the client or I create a file for documents in Google Drive or a similar secure storage service which is shared between me and the client and we both have ready access to.
-Using Quickbooks Online, client grants me view only acces to their business bank accounts for their statements and activity, which I use to enter their business transactions into Quickbooks, and reconcile accounts.
-Client also gives me any loan documents and insurance documents monthly for adjusting their assets, pre-paids, and current interest and insurance expenses.
-After I am complete, I upload the finished work and financial statements to their folder, which the client can download at any time.
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.
Services and Pricing
Monthly Bookkeeping standard bookkeeping service required for every business.
price based on transaction volume, generally between $250 and $400 per month
-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 (additional service), best for companies with large volumes of vendor bills on account.
-Client gives me copies of bills received from vendors to enter into the system.
-I enter bills into the accounting records.
-Client tells me which bills to pay and when, based on their approval process.
-I pay the bills or submit the bills for payment pending client's approval, where they click to pay the bills.
-Bills will generally be paid through the clients business checking, online, via the bill pay feature or via ACH.
-I provide client with A/P aging reports, so they know of the status of any invoices which haven't yet been paid.
Accounts Receivable (additional service), best for service based business who invoice customers on account.
-Client gives me info to invoice customers, tells me to invoice them, and I create and e-mail the customer the invoice.
-Customers can pay the invoice online, via ACH or other means and send payment to client or directly into client's bank account.
-Payment receipts to the client (who deposits them) or directly into clients bank account are matched to open invoices to close the invoice.
-I provide client with A/R aging reports detailing any outstanding (unpaid) invoices.
-e-mail reminders are sent out to customers with unpaid balances weekly.
Payroll (additional service) as of right now, I do not perform payroll, but I do enter payroll information from yourself or your payroll service provider.
-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
PRICING AND QUOTE
*I can provide you a quote for your bookkeeping services with me via e-mail after a quick discussion. I will need the last 3 bank account statements and any credit card statements as well as be invited to your Quickbooks Online account (if you have one) to determine the quote, and I can e-mail the quote back to you on the same day. Then you can decide if you want to go forward with my bookkeeping services. Thank you.
POLICIES
**payment due upon receipt of invoice for bookkeeping/accounting services. Payment for my bookkeeping service is due up front, on the first of every month (or sooner) for work to be perforemed that month.
**for a full year's work, or several month's work, full payment for the entire year or number of months is due up front before any work begins.
**late/unpaid invoices result in a hold for continuing service.
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