Bookkeeping in Fort Worth, TX
There are many obstacles to starting up a new business and even just one
Don R Walker C.P.A. offers a variety of bookkeeping and accounting services to big and small businesses. If you are needing any kind of bookkeeping in the Fort Worth, TX area, contact us at 817-905-1040.
What Exactly Does a Bookkeeper Do?
A bookkeeper is responsible for organizing all of a business’s accounts or the general ledger.
They are the person that goes through to record all transactions including accounts receivable, accounts payable, and inventory. For every month, quarter, yearly projection, the bookkeeper produces financial statements or reports for superiors. Additionally, a bookkeeper may be involved in a business’s payroll.
Basically, a bookkeeper keeps detailed tabs on all financial transactions in and out of a business. It’s important to note here that, your bookkeeper can help to pay taxes and even fill out tax forms, but they are not qualified to provide tax info or advice. Most bookkeepers do not have a degree in accounting or a related field. Their job is not to audit finances and determine the best use of them, but simply to record financial data. As a business owner, you can help yourself, and your bookkeeper, by understanding a few bookkeeping basics.
Bookkeeping vs. Payroll
Payroll is the process of calculating a company’s income to pay employees. While it can involve a certain amount of bookkeeping, the two are not interchangeable. Payroll accountants have to keep records of company income, employee checks, and such
- Calculate and distribute employee checks
- Keep the financial record of employee wages, salaries, bonuses, taxes withheld, etc.
- Understand the amount of money available to pay employees
- Documenting receipts and transactions
- Recording invoices
- Billing for services provided
- Processing employee payroll
The biggest distinction that needs to be pointed out the fact that bookkeeping will almost always refer to the recording and documenting the financial process. Payroll, on the other hand, will almost always refer to the process of calculating an employee’s wages and/or salary. At the end of the day, bookkeeping and payroll go hand in hand. The jobs are not interchangeable, instead, the two work in conjunction to make sure the finances of business are functioning.
Local Bookkeeping Services
The days of trying to do bookkeeping with excel by yourself are over. Don R Walker C.P.A. provides high-quality bookkeeping services to the Fort Worth, TX community. We utilize our accounting services as well as great software like QuickBooks to keep close tabs on your business finances. Outside of bookkeeping, we do have a wide variety of other services, so we can help you with any financial needs. Regardless if your business is big or small, we have the tools to provide high-quality accounting and bookkeeping.
Bookkeeping for Small Business
The office of Don R Walker C.P.A provides quality bookkeeping services. We know all too well that starting a new business can be daunting. Finances are tight and seemingly non-existent. All it takes is one accounting mistake for even smooth operating businesses to be at risk. Don’t let this happen to your business and call Don R Walker C.P.A for bookkeeping in the Fort Worth, TX area. For competitive pricing, we help you cover all your bases to help make sure your small business starts off right. And with tax season right around the corner, a Don R Walker C.P.A. bookkeeper is a great resource when filing small business taxes in Fort Worth, TX.
Frequently Asked Questions
What are the differences between accounting and bookkeeping?
Bookkeepers help to record transactions and lay the foundation for accountants to go through and do a complete audit of a business’s accounts. An account does need at least a bachelor’s degree to do their job while bookkeepers just need a basic understanding of the accounting process.
Do bookkeepers do taxes?
Bookkeepers can help pay taxes and even fill out certain tax information, but they are not qualified to provide tax information or advice.
What services do bookkeepers provide?
Bookkeepers help to keep an accurate recording of a businesses transactions as well as the income received. They create reports that help to map out a business’s financial status.
What Are The Duties of a Bookkeeper?
A bookkeeper is responsible for keeping an accurate recording of a business’s financial transactions and income.
Contact Your Local Bookkeepers
From bookkeeping to accounting, make sure you have a great team on your side. Call Don R Walker C.P.A., 817-905-1040, for bookkeeping services in the Fort Worth, TX area.