(208) 738-9890  ·  Ruth@twinfallsaccountant.com 1025 Shoshone St N, Suite 4, Twin Falls, ID 83301
Ruth Pierce, CPATwin Falls, Idaho Call the office

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Small business bookkeeping in Twin Falls

Books that are current, reconciled, and good enough to make a decision from.

Monthly and quarterly

Transactions categorized, accounts reconciled, and a set of statements delivered on a schedule. Bailey handles most of the bookkeeping and payroll work in the office, with Ruth reviewing. The aim is that when a decision needs making or a bank asks for something, the numbers are already there and already right.

Cleanup work

Books that got behind, a chart of accounts that grew without a plan, a prior bookkeeper's work that nobody has checked, or a year that needs reconstructing before a return can be filed. This is common and not a source of embarrassment.

Oversight instead

If you have staff doing the bookkeeping, the alternative is periodic review rather than replacement. Someone checks the reconciliations, watches the accounts that quietly drift, and catches the misclassifications before they compound into a problem at year end.

Why it matters at tax time

A return built on clean books costs less to prepare and holds up better. Most of what makes a business return expensive is time spent sorting out records that should have been sorted out monthly.

Questions

Common questions

Do I need monthly, or is quarterly enough?

It depends on whether anyone is using the numbers. A business with payroll, inventory or a line of credit generally needs monthly. A simple operation with few transactions can often work quarterly.

Can you fix books that are a mess?

Yes, and it is routine. Cleanup is quoted separately from ongoing work once the scale of it is clear.

Referred by someone we work with?

Call the office and speak to Bailey. She handles the calendar and will get you in front of Ruth.