Bookkeeping is the process of recording and organizing financial transactions within your business. It's crucial for maintaining accurate financial records, making informed decisions, and ensuring compliance with tax regulations.

We work with businesses of all sizes, from startups and small enterprises to mid-sized and larger corporations. Our services are scalable to accommodate your growth.

Outsourcing your bookkeeping to SK Financial allows you to focus on your core business activities while we handle the financial paperwork. Our expertise can help you save time and resources.

Yes, our bookkeeping services are tailored to various industries, including retail, hospitality, healthcare, construction, and more. We customize our approach to meet your unique needs.

SK Financial takes data security seriously. We use secure systems and protocols to protect your financial data. All team members sign confidentiality agreements to safeguard your sensitive information.

A bookkeeper typically manages tasks like recording income and expenses, reconciling bank statements, preparing financial statements, and ensuring records are accurate and up-to-date.

Our monthly bookkeeping services will provide you with financial reports on a monthly basis. These consistently updated reports can help you make informed business decisions.

Bookkeeping involves recording financial transactions, while accounting includes a broader range of activities, such as financial analysis, budgeting, and tax planning. Bookkeeping is the foundation for accounting.

Our fees are determined based on the monthly average of your business expenses. We offer different tiers; you can check out our fees here.

All the financial reports we prepare for you, along with the bank statements and documents you will be providing us, will be stored on our secure portal online and ready to be accessed by you via your own login.

Definitely, with us preparing the financial statements on a monthly basis, rest assured that the tax return will be prepared using timely and accurate reports.

You'll need to provide us with a backup of your QuickBooks file, which we'll use for our bookkeeping purposes. If you're using QuickBooks Online, please add us as a user to your account.

If you leave for any reason, we will gladly provide you with a copy of your QuickBooks backup file. 

Every month, you will get your monthly financial statements that consist of the following 6 reports:

• Balance Sheet By Month
• Profit and Loss By Month and % of Income
• Profit and Loss – Prior Year Comparison
• Profit and Loss – Prior Month Comparison
• Draws or Due to Shareholder
• General Ledger – Expense Accounts

We will reconcile your books on a monthly basis

You will setup a “view only” user access with your bank for us. This would give us limited access allowing us to only view and download the activity, check images and statements. As a restricted user, we will not have the ability to make any financial transactions.

We find that many small business owners don’t keep up to date with their bookkeeping. So we have our own team that can get you brought up to date in usually under 1 week.