Having reliable, accurate financial records and statements is crucial for any business. While many businesses use in-house bookkeepers or accountants for monthly or quarterly financial statements,
outsourced bookkeeping and accounting (internal link to accounting page) services often cost less and provide superior knowledge. If you outsource your accounting and bookkeeping needs, you will have more resources and time to grow your business. The wise choice for outsourced bookkeeping services is Fricke & Associates, P.C.
WHAT BOOKKEEPING AND ACCOUNTING SERVICES DOES FRICKE & ASSOCIATES, P.C. PROVIDE?
At Fricke & Associates, P.C., we provide full-service bookkeeping and accounting. Because we recognize how important accurate and precise financial information is for your business, we provide:
- Accounts Receivable and Payable Processing
- Posting of Entries to the General Ledger
- Preparing Sales Tax and Payroll Tax Returns
- Preparing Financial Statements
- Reconciliation of Bank Statements
- Payroll Processing
WHAT IS THE DIFFERENCE BETWEEN BOOKKEEPING AND ACCOUNTING?
Although a bookkeeper and an accountant perform similar services, there are a few important differences. For example, while a bookkeeper is required to be precise in their work, an accountant often needs to have earned the title of Certified Public Accountant (CPA). The accountants usually oversee the work from bookkeepers as well. While the process of bookkeeping does not require analysis, accounting analyzes and interprets financial data to help you make smart business decisions.
DOES FRICKE & ASSOCIATES, P.C. PROVIDE BOTH BOOKKEEPING AND ACCOUNTING SERVICES?
While bookkeeping and accounting functions were previously separate, they have started to blend together naturally in many cases. For example, bookkeeping software is now able to produce financial statements, and many aspects of accounting are being absorbed by bookkeeping.
Fortunately, Fricke & Associates, P.C. offers both bookkeeping and accounting services for your company. You can rely on us to produce the most accurate financial statements and analysis of financial data for your business.