Monthly Bookkeeping
Recording and categorizing transactions, bank reconciliation, and maintaining financial records.
PRICING
REGULAR PRICE
MONTHLY LIMIT
ADDITIONAL TRANSACTIONS
$299 / MONTH
150 TRANSACTIONS
+ $1.50 / TRANSACTION
OVERVIEW
Monthly bookkeeping is the systematic process of recording, organizing, and reconciling your business's financial transactions. This fundamental financial management service goes far beyond simple data entry – it's a comprehensive approach to maintaining accurate financial records that support informed business decisions and ensure regulatory compliance.
Professional monthly bookkeeping creates a clear financial narrative of your business operations. It tracks every dollar flowing in and out of your business, categorizes transactions properly, and ensures your financial records accurately reflect your business activities. This organized approach to financial management provides you with reliable data for making business decisions, while also preparing you for tax season and potential financial reviews.
Modern monthly bookkeeping combines traditional accounting expertise with advanced digital tools. This integration allows for greater accuracy, real-time financial insights, and improved efficiency in managing your business finances. Through systematic organization and regular monitoring, monthly bookkeeping helps prevent common financial issues before they become significant problems.
WHEN AND WHY DO YOU NEED IT
Every business, regardless of size, needs reliable bookkeeping to maintain financial health and comply with tax requirements. However, the complexity of modern business operations makes professional monthly bookkeeping particularly crucial. Today's businesses often deal with multiple payment methods, various revenue streams, and complex expense categories that require expert management.
Many businesses discover they need professional bookkeeping when they face challenges such as unclear cash flow patterns, difficulty in preparing tax returns, or inability to make informed financial decisions due to disorganized records. Others seek professional services when they realize that managing their own books takes valuable time away from core business activities.
The need becomes especially apparent during business growth phases, when financial complexity increases and accuracy becomes more critical. Professional monthly bookkeeping also becomes essential when businesses need to provide financial statements for loans, prepare for potential investors, or ensure compliance with tax authorities.
HOW IT GENERALLY WORKS
Professional monthly bookkeeping follows a structured approach that ensures comprehensive financial record-keeping. The process begins with collecting and organizing all financial documents, including bank statements, credit card statements, receipts, and invoices. These documents are then systematically processed to create accurate financial records.
Bookkeepers typically perform several key activities throughout the month. They record and categorize all financial transactions, reconcile bank and credit card statements, and verify that all income and expenses are properly documented. They also monitor accounts receivable and payable, ensuring that customer payments and vendor bills are tracked accurately.
The monthly cycle usually concludes with reconciliation processes and financial report generation. This includes verifying that all accounts balance correctly, investigating any discrepancies, and preparing various financial statements that provide insights into business performance. Professional bookkeepers also maintain organized records of all supporting documentation, creating an audit trail that validates all recorded transactions.
OUR PROCESS
At Logetica, we follow a rigorous process designed to ensure maximum accuracy and value for your business. Our service begins with a detailed setup phase where we establish specialized workflows tailored to your business operations. We implement digital systems that streamline document collection and transaction recording while maintaining strict security protocols.
Throughout the month, our team processes your transactions in real-time, ensuring that your financial data is always current. We perform weekly reviews to catch any irregularities early and maintain ongoing communication about any questions or concerns. Our month-end procedures include comprehensive reconciliation, detailed financial report preparation, and a thorough review of your business's financial position.
We also provide regular financial insights and proactive recommendations based on your business's data. This includes cash flow analysis, trend identification, and suggestions for improving financial efficiency. Our service extends beyond basic transaction recording to include strategic financial guidance that supports your business growth.
EXAMPLE CASE
A growing construction company struggled with tracking project-specific expenses and maintaining accurate financial records while managing multiple job sites. Professional monthly bookkeeping transformed their financial management by implementing project-specific tracking codes, establishing clear processes for expense documentation, and providing monthly profit analysis for each project. This enabled the owner to identify their most profitable types of projects and make informed decisions about future business opportunities.
Have Questions?
Book a free 30-minute online consultation with us, and we will be happy to answer all your questions.