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What is Bookkeeping?

Summit handles your monthly bookkeeping which includes categorizing each transaction and performing monthly bank reconciliations. This means making sure the transactions in your books match the transactions in your bank and credit card accounts.
 
By having each transaction categorized correctly, you will have a clear picture of where you are spending your money as well as have maximum tax write-off at the end of the year.
 
From here, you are able to run a variety of reports for whatever time period you would like (ie monthly, quarterly, annually).

Bookkeeping is the foundation of a healthy business.

Summit Bookkeeping, Michelle Maninno (90 x 90 px) (2)

A team of real-life bookkeepers (no robots here) ready to categorize your transactions

Summit Bookkeeping, Michelle Maninno (90 x 90 px) (3)

Bookkeeping is handled monthly to keep you up to date about your financial status at all times

Summit Bookkeeping, Michelle Maninno (90 x 90 px)

Accurate record-keeping that reveals practical financial advice

INCOME

How much revenue you are bringing in

Discover your monthly earnings and profit margins. Pinpoint the months where business lags. Leverage this insight to foresee downtrends and strategically prepare for them.

Establish objectives to boost profits. With a clear understanding of your current position, determine if adding sessions, expanding your revenue sources, or modifying your rates align with your goals.

Summit Bookkeeping, Michelle Maninno (1)
Summit Bookkeeping, Michelle Maninno (2)

EXPENSES

Track where you are spending your money

Determine your primary expenses and explore opportunities to reduce them by carefully reviewing your transactions.

Identify opportunities to cut costs by gaining a clear understanding of where your money is being spent. This will help you allocate more funds towards achieving your financial goals.

PAYROLL

Pay yourself and your employees

We work with Quickbooks Online or Gusto for payroll service.

We can answer questions about onboarding new employees and making sure employment taxes are set up correctly.

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