As a business owner, or sole proprietor, you already have a busy schedule. Worrying about making sure that your books are accurate and up-to-date is only going to take more unnecessary time out of your already busy schedule. But unfortunately, the task of bookkeeping is a very necessary task as a business owner. That’s where the expert team at Rugaba Holdings LLC can help. Our team of accountants and tax professionals will provide accurate bookkeeping help that you can count on.
The bookkeeping services that we provide for individuals and business owners alike at Rugaba Holdings LLC include:
Monthly or quarterly bookkeeping:
We’ll make sure your financial records are up to date on a monthly or quarterly basis, whichever works best for your company.
Online bill pay systems:
We will set up your online bill pay systems so you can automate your regular monthly or yearly payments to save you time and energy that you can put back into running your business.
Bill pay by check:
We’ll handle the distribution of any checks necessary to pay outstanding bills so you can ensure that your bills are getting paid accurately and on time.
We’ll handle the invoicing necessary for any outstanding payments required for goods or services provided.
Accounts Payable: Our team will keep track of all payments and expenditures, including payroll, purchase orders, invoices, statements, and more. We’ll reconcile processed work by verifying entries and comparing system reports to balances.
Our team will also ensure you or your business receives payment for services offered or goods sold. We’ll handle sending bill reminders and statements, posting financial transitions to an accounting system, and making bank deposits.
We’ll ensure that the money leaving your personal or business account matches the actual money spent.
Verify Bankcard Batch and Statement Deposits:
We’ll reconcile any payments or deposits made through your bank or bank card to ensure they are in line with invoices and budget records.
Credit Card Reconciliation:
Our accountants will go through each transaction on your credit card statements and match it to transactions in your internal systems.
We will provide you with weekly, monthly, quarterly, or yearly financial reports so you can see how your company is doing financially. We can also help you come up with new budget strategies that will improve your business or fix any issues depending on the results of your financial reports.
We’ll crunch the numbers and make sure they’re properly entered into your accounting software system, so you don’t have to.
QuickBooks Setup, Tune-up or Clean Up Existing QB Company File:
We’ll make sure the data held within your internal accounting system is accurate, consistent, and maintained with frequent updates.
Clean Up and Organize Your Existing Bookkeeping Files:
Our accountants will also work to archive or appropriately file or store away any old bookkeeping files that you might still need to keep, but do not need to reference on a frequent basis.
For businesses with more complex bookkeeping and accounting needs, we recommend our Monthly Bookkeeping Service. This service is designed to handle all your daily bookkeeping, financial record-keeping, accounts payable, accounts receivable, as well as your month-end accounting needs. This service also includes customized financial reports.
Monthly financial reports:
If you opt for our monthly bookkeeping service, we’ll provide you with the following monthly reports.
sometimes called a “profit and loss” statement, or a “statement of revenue and expense,” this part of the report will provide you with details about your company’s financial performance over the specified accounting period, and will summarize results pertaining to revenue, expenses, gain, and loss transactions.
a statement that details your company’s financial history to provide you with an idea of how you or your company is doing financial
Cash flow statement:
We’ll make sure you are aware of the amount of cash generated and used during the specified accounting period.
General Ledger accounting:
Our team will handle the sorting, storing, and summarizing of your company’s transactions so you don’t have to.
Benefits of Hiring a Professional Bookkeeping Service
As your business grows, your priority will automatically shift to maintaining the financial viability of your company, and keeping your employees satisfied and happy. This will often leave little to no room for the pesky task of bookkeeping. Herein lies the benefit of outsourcing bookkeeping services to professionals like the ones at Rugaba Holdings LLC. Here are just some of the many benefits that come along with hiring a professional bookkeeping service.
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We save you time
We save you time
By outsourcing your bookkeeping needs to a professional company like Rugaba Holdings LLC, you can save hours of time a month for your employees. The time saved here can be utilized elsewhere, like planning for and achieving business goals.
Time constraints are often of the biggest problems that any business faces. And it’s a time-consuming task for a manager to process employees’ salaries, manage and account for the various expenditures (especially when you’re working at a large company, all while doing his or her actual job, and ensuring that the rest of the employees in his or her department are doing their jobs as well. Bookkeeping is an everyday task that requires constant checks and balances. Hiring an outside company to handle bookkeeping services will save the company and management a lot of time.
We save you money
We save you money
To make sure that your bookkeeping needs are handled efficiently and correctly, it often takes a separate team dedicated to this task alone, depending on the size of your company. The cost to create a department to handle the bookkeeping can be enormous when you consider training, salaries, benefits, and more. Outsourcing these needs to a professional company can save on costs and help companies invest those saved funds on growing their business.
We are the experts
We are the experts
Rugaba Holdings LLC has been providing bookkeeping services to business in Los Angeles and beyond for years. We have a history of providing top-notch service to our clients that better enables them to run their business efficiently and successfully. In addition, accounting and bookkeeping acquires the resources of a team that is highly skilled in this area. Any errors made can end up costing the company a lot of money. Outsourcing these needs to a company that specializes in bookkeeping and accounting guarantees error-free processing.
Let Rugaba Holdings LLC handle the day-to-day financial dealings of your business so you can go back to focusing on what matters – growing your business and your financial success. Give us a call today for a free consultation at (818) 442-9724.