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LIVE! Bookkeeping Services

CALL 1-866-768-8927

Work with pros and get guaranteed results

effortlessly!

Live Bookkeeping Services refers to
modern-day bookkeeping services with
a virtual bookkeeper by your side.
We help you stay on top of your
financials with security, confidentiality
and high data accuracy.

Connect with us for a free consultation today!

Accountant

Work with a certified bookkeeper you can trust.

Team Meeting

  •  Get every update on any device with our cloud bookkeeping services.

  •  Connect with your bookkeeper whenever needed.

  •  Get monthly updates and ensure accuracy during tax time.

Tasks of Bookkeeping

Live Bookkeeping Services Professional maintains the records by tracking the numbers that are involved in the financial side of the business in a disciplined manner. Our role as a bookkeeper includes :

  • Expense payments to suppliers

  • Loan payments

  • Customer payments for invoices

  • Monitoring asset depreciation

  • Generating financial reports.

 

Bookkeeping and Accounting are used interchangeably, where accounting is the overall practice of managing out finances of a business or individual. On the other way, bookkeeping refers to the tasks and practices that are being involved in recording the financial activities.For more details on our accounting services please see the Services Section in the main menu.

 

Our Bookkeeping Services Includes:

  • Accounts Payable

  • Accounts Receivable

  • Payroll Services

  • Sales Tax and Payroll Tax Reporting

  • Bank Reconciliation.

  • Balance Sheet, P&L Review

  • Closing the Books.

Market Analysis

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  • What is the price for setting up QuickBooks multi-user?
    QuickBooks Desktop Multiuser Pricing for 2023 For any queries regarding pricing and discount please call sales @ 1-866-768-927.
  • What is the best accounting software for small business in 2023?
    Here's a table showing the best accounting software for small businesses in 2023 with their starting prices : Please note that pricing may vary depending on the specific plan and features chosen, and additional fees may apply. It's important to review the details of each software plan before making a decision.
  • What is the simplest accounting software?
    QuickBooks Online, Zoho Books, and Sage are the simplest accounting programs.
  • Which is the most easy to learn accounting software?
    ANS: QuickBooks Online, Zoho Books, and ZipBooks are the easiest accounting programs to use and learn.
  • Do most small businesses use QuickBooks?
    Yes around 70% of business is USA use QuickBooks.
  • Do I need an accountant if I use QuickBooks?
    Yes, ofcourse, you need an accountant to handle your company and tax filings but one can eliminate bookkeeper as Quickbooks is easy to use.
  • Do I need to keep receipts if I use QuickBooks?
    There is no need to keep hard copies of receipts as you can scan those receips and attatch it to the respective transactions in quickbooks.
  • How much is QuickBooks for small business per month?
    Quickbooks offers 4 different levels of subscription the basic starts with $25 per/month and the most advanced one starts with $180 per month.
  • Does QuickBooks report to IRS?
    NO, Quickboosk dose not report to IRS
  • What can QuickBooks do for a small business?
    Quickbooks keeps track of the financial health of their business. You can use it for invoicing customers, paying bills, generating reports, and preparing taxes. The QuickBooks product line includes several solutions that work great for anyone, from a freelancer, small, midsized & enterprise business.
  • How long will Quickbooks 2022 be supported?
    Quickbooks 2022 will be supported till you have an active subscription.
  • How do I upgrade my QuickBooks to 2022?
    The option to upgrade to Quickbooks 2022 is found within the homepage of your existing QuickBooks desktop OR you can call us at 1-866-768-8927
  • Is QuickBooks Desktop being Discontinued ?
    No, only the standalone version of QuickBooks Desktop Pro and Premier has been discontinued.
  • How do I upgrade from 2018 to 2022 Quickbooks?
    Click on Help - Upgrade to latest Quickbooks OR you can call us at 1-866-768-8927.
  • Do you have to buy QuickBooks desktop every year. ?
    Yes, QuickBooks 2022 onwards , it is a subscription based product therefore you need to pay the annual charges for the software.
  • Can you download a free version of QuickBooks?
    QuickBooks dose not have any free version however there are trial versions available which are good for 30 days.
  • Is there a monthly fee for Quickbooks desktop?
    No, QuickBooks Desktop comes with annual fee.
  • How much is QuickBooks Yearly Subscription ?
    The amount of subscription fee depends on the product (pro, premier, Enterprise) along with the number of user license. It can vary from 350$ to 5000$ per year.
  • Is their a QuickBooks Desktop 2021?
    Yes, QuickBooks Desktop 2021 is still a supported product but its not being sold currently by Intuit. If you still need to buy 2021 version of QuickBooks or want to know more about QuickBooks Desktop 2021 Upgrade options, Please call us @ 8667688927.
  • Dose QuickBooks Pro 2021 requires subscription?
    QuickBooks Pro 2021 dose not require subscription.
  • Do you have to pay yearly for QuickBooks?
    From 2022 onwards Yes for QuickBooks Desktop you have to pay a yearly subscription?
  • How long is QuickBooks 2021 good for?
    QuickBooks 2021 is good until May 2024.
  • Can I buy an older version of QuickBooks?
    Intuit does not sell older versions of QuickBooks however, you can purchase it from other resellers. Call 1-866-768-8927 to discuss more options.
  • What are the four important activities in bookkeeping?
    The four important activities in bookkeeping are recording transactions, classifying transactions, summarizing transactions, and preparing financial statements.
  • What are common bookkeeping mistakes?
    Common bookkeeping mistakes include data entry errors, failing to reconcile accounts, not keeping proper records, and misclassifying transactions.
  • What questions should I ask a bookkeeper?
    Some questions to ask a bookkeeper include what their qualifications are : 1. What services do they offer? 2. How do they charge for their services? 3. What software do they use? 4. What is their experience with businesses like yours?
  • What should every bookkeeper know?
    Every bookkeeper should : 1. Have a strong understanding of financial accounting principles, 2. Be proficient in using bookkeeping software, 3. Be able to manage multiple accounts, and 4. Have strong communication skills.
  • How much should you pay a bookkeeper?
    Bookkeeping services pricing varies depending on factors such as the complexity of the business, the frequency of services needed, and the bookkeeper's experience. Here is a general breakdown of bookkeeper charges: Hourly Rate: Junior bookkeeper: $20-$50 per hour Experienced bookkeeper: $50-$100 per hour Senior bookkeeper: $100-$150 per hour Monthly/Annual Packages: Basic package: $100-$300 per month Standard package: $300-$600 per month Premium package: $600-$1,500 per month While hourly rates may seem more affordable, monthly or annual packages may be more cost-effective in the long run. Additionally, rates may be higher in larger cities or for specialized services such as payroll management. Ultimately, the cost of a bookkeeper will depend on your specific business needs and budget. It's important to carefully evaluate the services different bookkeepers offer and compare their rates before deciding.
  • Is it worth paying a bookkeeper?
    When it comes to managing the financial aspects of your business, hiring a bookkeeper can be a valuable investment. Here are some reasons why paying for a bookkeeper is worth it: Time-saving: Bookkeeping can be a time-consuming task, especially for small business owners who are already juggling many responsibilities. Hiring a bookkeeper can free up your time to focus on other important aspects of running your business. Accuracy: Bookkeepers are trained professionals who are knowledgeable about financial regulations and best practices. They can ensure that your financial records are kept accurate and up-to-date, reducing the risk of errors and potential legal issues. Financial insights: Bookkeepers can provide valuable insights into your business's financial health, including cash flow, revenue trends, and expenses. This information can help you make informed decisions about the future of your business. Tax preparation: Bookkeepers can assist with tax preparation, ensuring that you are meeting all of the necessary requirements and maximizing your tax deductions. This can help you save your money in the long run and reduce the stress of tax season. Improved organization: Bookkeepers can help you stay organized by creating and maintaining a system for tracking financial transactions, invoices, and receipts. This can save you time and headaches when it comes to tracking down important financial documents. Cost-effective: While it may seem like an additional expense, hiring a bookkeeper can actually save you money in the long run. Their expertise and attention to detail can help you avoid costly mistakes and oversights that could have financial consequences for your business. In summary, paying for a bookkeeper is a valuable investment for any business owner. Their expertise and attention to detail can help you to save time, money, and stress in the long run while providing valuable insights into the financial health of your business.
  • What is one of the most common bookkeeping mistakes that business owners make?
    Most common bookkeeping mistakes made by small business owners: Not separating personal and business finances: One of the most common bookkeeping mistakes made by small business owners is failing to separate personal and business finances. Mixing personal and business expenses can lead to inaccurate financial statements, which can result in tax liabilities and legal issues. Failing to track expenses accurately: Another common mistake is failing to track expenses accurately. This can lead to overstated profits and underreported expenses, resulting in inaccurate financial statements and tax liabilities. Not reconciling accounts regularly: Failing to reconcile accounts regularly can result in errors in financial statements, making it difficult to make informed business decisions. Not keeping proper documentation: Failure to keep proper documentation, such as receipts and invoices, can make it difficult to track expenses accurately and defend against audits.
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