How Belovara Bookkeeping and Tax Services Works:
Initial Setup Phase
During the first month (or longer, depending on your business needs and availability), our team focuses on:
✅ Asking key questions to understand your business transactions
✅ Setting up automated rules in QuickBooks
✅ Streamlining processes to ensure minimal ongoing effort for both you and us
Once everything is set up, we follow a simple and predictable workflow. This process can be scheduled monthly or quarterly—the price remains the same regardless of frequency. We offer full-service bookkeeping solutions to small businesses, including bank reconciliations and financial reporting. Let us help keep your finances organized and your business running smoothly.
What’s Included in Our Bookkeeping Plan
1️⃣ Bank Statements & Transactions:
• You provide our team with access to view your online banking transactions to download bank statements directly, OR
• You send bank statements to our email, OR
• If your bank allows direct downloads to QuickBooks, no action is needed on your side.
• In cases where checks are issued manually or received, and their images are available only in the bank account, access may be required to retrieve them.
2️⃣ Monthly (or Quarterly) Review:
• Our team sends you a list of questions within a week after receiving the last statement for the reporting period.
• (For example, many credit card statements close mid-month, not at the end of the month.)
3️⃣ Business Owner’s Input:
• You respond to the questions at your convenience.
• If you don’t respond within a week, all unanswered transactions will be categorized under a special account called “Ask My Accountant.”
• This account will be visible in your P&L report, allowing you to easily track items that require further clarification.
• Any unanswered items will be included in the next month’s list of questions.
• If you’re unavailable or too busy, don’t worry—nothing gets lost or forgotten, and your reports will remain accurate and up to date.
4️⃣ Financial Reports & Insights:
• We provide a management report that includes P&L (Profit & Loss), Balance Sheet, and any additional QuickBooks reports you may need—at no extra charge.
• You can schedule an online meeting with us at any time to make changes to your records or discuss any updates to your business.
5️⃣ Year-End Readiness:
• After 12 months of this structured process, you are fully prepared for tax season—with no stress, last-minute surprises, or missing numbers.