Bookkeeping Service

Running a successful business requires laser focus on growth and serving your customers. Let Solomon Accounting Group handle your financial management with our comprehensive virtual bookkeeping services.

Monthly Bookkeeping Package

Our Monthly Bookkeeping Package Includes:

  • Transaction categorization

  • Accurate monthly financial statements (Balance Sheet, Income Statement, & Cash Flow)

  • Bank, credit card, loan and mortgage account reconciliations

  • 24/7 access to cloud-based accounting software

  • Monthly financial review meetings

  • Accounts payable management and bill payment

  • Accounts receivable tracking and invoicing

  • Payroll processing

  • And More!

Add-On Services Include:

How We Work

How we work

01

Initial Setup

We begin by understanding your business needs and establishing secure connections to your financial accounts. Our team implements cloud-based accounting software tailored to your industry and workflow.

Monthly Management

02

Your dedicated bookkeeper handles all monthly transactions, ensuring every dollar is accurately tracked and categorized. We manage your accounts payable and receivable, process payroll, and maintain pristine financial records.

Regular Reporting

03

Receive clear, actionable financial reports that help you make informed business decisions. During monthly review meetings, we analyze your financial performance and identify opportunities for growth.

Benefits of Working with Solomon Accounting Group

  • Earn your time back

    Time Freedom

    Working with a virtual bookkeeper allows you to reclaim valuable time that would otherwise be spent managing financial records. Instead of getting bogged down with transaction entries and reconciliations, you can focus your energy on growing your business and serving your customers.

  • Develop deeper understanding of your business

    Financial Clarity

    Virtual bookkeepers provide detailed, accurate financial reporting that enables smarter business decisions. You'll have real-time access to your financial data through cloud-based software, giving you clear visibility into your cash flow and business performance. This financial intelligence helps you identify growth opportunities and make data-driven decisions about your business's future.

  • Save your money for growing the business

    Cost Efficiency

    Outsourcing your bookkeeping is significantly more cost-effective than hiring an in-house bookkeeper. You avoid the expenses of full-time salaries, benefits, insurance, training, and additional office space. You only pay for the services you need, making it a scalable solution that grows with your business.

Our Process Ensures Success

Dedicated account manager for consistent communication

Proactive problem-solving and recommendations

Seamless collaboration with your tax professional

Ongoing support and consultation

FAQs

  • We offer comprehensive virtual bookkeeping services including:
    • Transaction categorization for all income and expenses.

    • Monthly bank, credit, loan and mortgage reconciliations.

    • Monthly financial statement preparation.

    • Financial reporting and analysis.

    • Cloud-based accounting software setup and support.

    We also provide add-on services including:
    • Accounts payable and receivable management.

    • Receipt tracking.

    • Payroll processing and tax compliance.

    • And more!

  • Our monthly bookkeeping services typically range from $300-1,500 per month, depending on your business size and transaction volume.

    Our clean-up & catch up projects typically cost $2,000-5,000 depending on the scope of work. These projects are charged a flat, one-time fee.

    This is significantly more cost-effective than hiring an in-house bookkeeper, saving you up to 30% on employment costs like benefits, insurance, and training.

  • We assign you a dedicated account manager who serves as your main point of contact. We securely connect to your financial accounts, implement cloud-based software, and handle all bookkeeping tasks behind the scenes. You'll receive monthly financial statements with personalized insights about your business performance.

  • Absolutely. You maintain full control and visibility of your financial data through secure cloud-based software. You will always be the primary admin user for your accounting software. We work collaboratively with you to set expectations and maintain open communication. You can be as involved as you prefer in the process.

Ready to get started?

Schedule a free consultation with our team and let’s make things happen!