FAQ's
Frequently Asked Questins
Accounts Savvy is a comprehensive accounting service provider offering bookkeeping, general ledger maintenance, accounts receivables, accounts payable, monthly reconciliation, expense reporting, and payroll processing.
You can contact us via phone at [Your Phone Number], email at [Your Email Address], or through our website’s contact form.
We serve a wide range of industries, including retail, manufacturing, healthcare, and professional services.
Our operating hours are Monday to Friday, 9 AM to 5 PM.
We are located at [Your Address], but we also offer remote services.
Accounts Savvy has been providing accounting services for [number] years.
Our commitment to accuracy, personalized service, and use of advanced technology sets us apart.
Yes, we offer remote accounting services to clients nationwide.
We adhere to strict confidentiality protocols and use secure systems to protect your data.
Yes, we offer a free initial consultation to understand your needs and how we can help.
Bookkeeping FAQs
Bookkeeping involves recording daily financial transactions, maintaining financial records, and preparing financial statements.
Accurate bookkeeping helps you track your financial performance, ensure compliance, and make informed business decisions.
We offer recording transactions, maintaining financial records, and preparing financial statements.
We can update your books daily, weekly, or monthly, depending on your preference.
We use industry-standard software like QuickBooks, Xero, and Sage.
Yes, we can help set up a bookkeeping system tailored to your business needs.
Yes, we offer training for various bookkeeping software.
Our experienced team double-checks entries and uses automated tools to minimize errors.
Yes, we can manage bookkeeping for businesses with multiple locations.
Our pricing varies based on the scope of services. Contact us for a customized quote.
General Ledger Maintenance FAQs
A general ledger is a complete record of all financial transactions of a business.
It provides a comprehensive overview of your financial activities and is essential for accurate financial reporting.
We offer transaction recording, reconciliation, and financial statement preparation.
We can update the general ledger daily, weekly, or monthly, based on your needs.
Yes, we can integrate with various accounting systems to maintain your general ledger.
A general ledger provides a summary of transactions, while sub-ledgers provide detailed transaction information.
We use automated tools and thorough reviews to ensure accuracy.
Yes, we can generate detailed general ledger reports for your review.
Yes, we tailor our services to meet the needs of various industries.
Pricing depends on the complexity and volume of transactions. Contact us for a customized quote.
Accounts Receivables FAQs
Accounts receivables represent money owed to your business by customers for goods or services provided.
Proper management ensures timely payments and improves cash flow.
We offer invoicing, collections, and payment tracking services.
We follow up with customers through reminders and collection efforts.
Yes, we can integrate with various accounting systems to manage accounts receivables.
We update records as transactions occur to ensure accuracy.
We use industry-standard software like QuickBooks, Xero, and Sage.
Yes, we can generate aging reports to show outstanding receivables by age.
Our team double-checks entries and uses automated tools to minimize errors.
Pricing varies based on the volume of transactions. Contact us for a customized quote.
Accounts Payable FAQs
Accounts payable represent money your business owes to suppliers or vendors for goods or services received.
Proper management ensures timely payments, maintains good vendor relationships, and avoids late fees.
We offer bill entry, payment processing, and vendor reconciliation services.
We prioritize overdue payments and communicate with vendors to arrange payment terms.
Yes, we can integrate with various accounting systems to manage accounts payable.
We update records as transactions occur to ensure accuracy.
We use industry-standard software like QuickBooks, Xero, and Sage.
Yes, we can generate aging reports to show outstanding payables by age.
Our team double-checks entries and uses automated tools to minimize errors.
Pricing varies based on the volume of transactions. Contact us for a customized quote.
Monthly Reconciliation FAQs
Monthly reconciliation involves comparing financial records with bank statements to identify and correct discrepancies.
It ensures your financial records are accurate and helps detect errors or fraud.
We offer bank reconciliation, credit card reconciliation, and balance sheet reconciliation.
Reconciliation should be performed monthly to ensure accuracy and timely detection of discrepancies.
Yes, we can integrate with various accounting systems to perform reconciliations.
We use industry-standard software like QuickBooks, Xero, and Sage.
We investigate discrepancies, correct errors, and provide detailed reports.
Yes, we can generate detailed reconciliation reports for your review.
Our team double-checks entries and uses automated tools to minimize errors.
Pricing varies based on the complexity of accounts. Contact us for a customized quote.
Expense Reporting FAQs
Expense reporting involves recording and categorizing business expenses for tracking and analysis.
It helps you monitor spending, manage budgets, and ensure tax compliance.
We offer expense tracking, categorization, and reporting services.
We update records as expenses occur to ensure accuracy.
Yes, we can integrate with various accounting systems to manage expense reporting.
We use industry-standard software like QuickBooks, Xero, and Sage.
Yes, we can generate detailed expense reports for your review.
Our team double-checks entries and uses automated tools to minimize errors.
Yes, we can categorize expenses according to tax regulations to ensure compliance.
Pricing varies based on the volume of expenses. Contact us for a customized quote.
Payroll Processing FAQs
Payroll processing involves calculating and distributing employee salaries, wages, and taxes.
It ensures employees are paid accurately and on time, and helps maintain compliance with tax regulations.
We offer salary calculations, tax withholdings, and payroll reporting services.
We can process payroll weekly, bi-weekly, or monthly, based on your preference.
Yes, we can integrate with various payroll systems to manage payroll processing.
We use industry-standard software like ADP, Gusto, and QuickBooks Payroll.
Our team double-checks entries and uses automated tools to minimize errors.
Yes, we can generate detailed payroll reports for your review.
We calculate and withhold payroll taxes, ensuring compliance with federal and state regulations.
Pricing varies based on the number of employees. Contact us for a customized quote.