If you're not using any software for keeping track of money, we can help you start using QuickBooks Online. We will connect your bank accounts and credit cards so that all of your transactions for your money moving in and out of the business will automatically feed into the accounting software. This way, you won't have to write everything down, and it's less likely that mistakes will happen. We'll also help you set up something called a "Chart of Accounts," which is like making different folders for your money. This will help you easily see where you're getting the most money from and where you're spending the most.
If you're already using Quickbooks Online for keeping track of money, but you're not sure if you're doing it just right, we can help you make things better. We'll tidy up your money records for you. This service includes getting your Chart of Accounts set up so you can quickly organize your income and expenses into categories that best suit your financial needs, allowing you to see where you make the most income and where you spend the most.
Accounts Receivable is any amount of money that your clients owe you for any work that you performed on their vehicle.
If you need assistance with invoicing your customers or collecting payments, we can help.
Accounts Payable is any amount of money that you owe for any goods or services received.
If you need assistance with making payments to vendors, we can help.
You must file a Form 1099 to report payments made to independent contractors of $600.00 or more in a tax year that were paid via check, ACH, wire transfer, Venmo, CashApp, Zelle, or Paypal friends and family. If you hire subcontractors and pay them using these types of services, we can help you with your 1099s.
