Best Accountants in Doylestown, PA

Various things can be included but primarily it is recording the transactions that occur in bank accounts and credit cards. Additionally, tracking loan payments including interest is important. Monthly reconciling all of those accounts for accuracy, double checking for possible duplicates, omissions, or mistakes, is a vital piece. Beyond basic bookkeeping, as listed above, other aspects can include: invoicing and accounts receivable management, paying bills, managing payroll, job costing, paying loans and credit cards on time, filing sales tax returns, and other money-management tasks.

Consider the differences: A bookkeeping firm will typically have expert knowledge of business in general because they have a wide variety of experience, industry knowledge, and platform/app knowledge. An in-house bookkeeper often does not have this depth of knowledge, because they work for one business at a time. An advantage to an in-house bookkeeper is that they are physically in your space which could be important if you feel that a high level of oversight is important.

There are a multitude of systems available: QuickBooks, Xero, Netsuite, Zoho, and Sage to name a few. We use QuickBooks Online exclusively. Focusing on one platform means that we are experts in that accounting platform and therefore understand the complexities of how it operates.