Books your whole team can read.
We keep the books for U.S. businesses and send every report with a plain-English summary, so owners, partners and managers know what the numbers mean without calling an accountant.
Proven impact
- 35,000+
- transactions reconciled
- 70+
- companies' books managed
- 22+
- years in business
Built for business owners. Written in plain English. Kept by real people.
More than one location or property
See income, costs and profit side by side, and find out why one is falling behind.
Partners or a lender to answer to
Share a summary everyone at the table can follow, backed by the full statements.
A bookkeeper who knows your file
Your books are kept by our own team, and the person who prepared your report is the one who answers your questions.
What we take off your desk
One team for the day-to-day records and the reports your partners, lenders and tax preparer ask for.
- Bookkeeping and reconciliations
- Every bank and credit card account reconciled each month, with transactions categorized the same way every time.
- Financial reports
- Balance Sheet, Profit and Loss and Cash Flow, prepared on a cash or accrual basis, by location or project when you need it.
- Payroll processing
- Payroll runs recorded and matched to your books so labor costs show up where they belong.
- Income tax advice
- Guidance through the year and clean, organized books when it is time to file.
- Accounting procedures setup
- A chart of accounts and a monthly routine built around how your business runs.
Every report comes with a translation
A Profit and Loss is accurate and hard to read. Alongside it you get a short summary with charts that answers the questions a non-accountant has.
What the report says
| Total Income | 184,300.00 |
|---|---|
| Total Expense | 131,212.40 |
| Net Ordinary Income | 53,087.60 |
| Interest Expense | 18,430.00 |
| Net Income | 34,657.60 |
What we tell you
You made a profit of $34,658. Out of every $1 that came in, you kept 19¢.
- Running the business
- Loan interest
- Kept as profit
| The line in the report | What it means for you |
|---|---|
Net Ordinary Income -4,120.00One location in a by-class report | This location spends more than it brings in, even before loan payments. Repairs took 31% of its income; your other locations average 9%. |
Net cash increase for period -2,900.00 | You made a profit, but your bank balance went down. The difference went to paying down a loan, which uses cash without counting as an expense. |
Total Current Liabilities 39,400.00 | You have $3.20 available for every $1 due within a year. Paying bills on time should not be a problem. |
Plain-English guides
Knowledge = profits
Profit and LossHow to read a Profit and Loss in five minutesRead the guide
Start at the bottom: Net Income is what was left after every cost. Divide it by Total Income to see how many cents you kept from each dollar.
Then look at the three largest expense lines. They usually explain most of what you spent, and they are where a saving makes a visible difference. If the report is split by class, compare the same line across locations as a share of each one's income, not in dollars.
Cash flowYou made a profit. Why did your bank balance go down?Read the guide
Profit counts income minus expenses. Cash counts every dollar that moved. Paying down loan principal, buying equipment, remodeling and owner withdrawals all take cash out without being expenses.
The Statement of Cash Flows reconciles the two. Read its three totals: day-to-day operations, investing and financing. A healthy business usually shows a positive first line that pays for the other two.
Balance SheetWhat a lender looks for in your Balance SheetRead the guide
Two comparisons do most of the work. First, what you can turn into cash within a year against what you must pay within a year. More than $1 available for every $1 due means bills can be paid on time.
Second, how much of what the business owns is financed by debt and how much belongs to the owners. The larger the owners' share, the more room there is to borrow.
Know your numbers. Run your business.
Book a free consultation: tell us a little about your business and we will get back to you soon.