At Xcel Bookkeeping, our commitment is to maintain precision and timeliness in your financial records. Our diligent efforts include daily transaction reviews and the production of year-end statements, ensuring continuous analysis and monitoring of your financial data. As our client, rest assured that we are vigilant in addressing every facet of your bookkeeping requirements, alleviating your stress and concerns significantly. By entrusting us with your financial management, you regain valuable time to focus on what you excel at and what is most profitable for your business.

Bookkeeping Clean-Up

John runs a busy service business, but behind the scenes, his books were a mess — receipts in drawers, uncategorized expenses, and no idea what he truly owed in taxes. He was constantly stressed, making decisions blindly, and unsure if he was even making a profit. When tax season hit, he overpaid just to avoid an audit, and still felt like he was guessing. That financial fog was holding him back from hiring, investing, or growing with confidence.

Bookkeeping cleanup changed everything. In just a few days, his numbers were clean, accurate, and easy to understand. He could finally see where the money was going — and how to keep more of it. With clarity came control, and with control came growth.

Daily

Record transactions according to industry-standard Generally Accepted Accounting Principles (GAAP).
Receive, document, and securely store receipts, bills, and statements.
Review and manage Accounts Payable.
Collect vital documents to better categorize expenses.
Review the projected cash flow.
Best business operations recommendations.
Automate data retrieval and submission.
Near real-time financial status updates.

Weekly / Monthly

Reconcile and balance a wide range of bank accounts, credit cards, and loans.
Review and categorize payroll expenses (if elected to do so).
Review the actual Profit and Loss vs the Budget.
Review End-of-Month Balance Sheet vs prior period.
Update and record depreciation schedules for fixed assets.
Personal meetings to discuss financial statement review, interpretation, and consultation.
Analyze gross and net income levels.
Calculate and record Short-term loans Payable liability.

Quarterly

Review estimated quarterly taxes.
Review sales tax.
Prepare Year-to-Date Profit and Loss estimate.

Annually

Work directly with your CPA to achieve the most accurate books.
Prepare, review, and approve Year-End Reports and Tax Returns.
Annual meeting to review your growth and weak areas.

Starting at $675.00 per month (Daily, Weekly/Monthly, Quarterly, Annually).

Additional Services:

Mix, match, & Customize services based on need.

Advanced Analytics, Reporting, Accounts Payable, Accounts Receivable, Sales Tax Reporting, 1099 Preparation, Payroll Services, Budgeting, Benchmarking/Forecasting, Quickbooks Desktop Conversion to Online, Quickbooks Training, Vendor Management, Inventory Management, & Bill Collection.