Bookkeeping
Accounting Terminology
100

Organizing transactions to different accounts

What is Categorization

100

Accepting money in

What is Accounts Receivable?

200

Ensuring transactions from different sources match and there are no duplicate transactions

What is Reconciliation?

200

Paying Bills, vendors, or other accounts

What is Accounts Payable?

300

This service allows customers to meet with a dedicated bookkeeper once a month

What is Full Service Bookkeeping?

300

A report showing how much income versus expenses were accounted for during a given period.

What is a profit and loss report?

400

This service "bundle" includes SCU PY + LEA + BT

What is the "Tax Ready Bundle"?