Bookkeeping

Founded in 2020, Thompson's Bookkeeping & Consulting serves as a resource and advisor for people of color and indigenous peoples who own a business in Lincoln and the surrounding areas. To help clients maximize efficiency and profit margins, the firm provides services related to bookkeeping, payroll, tax planning and preparation, and business incorporation. It also offers website design, logo creation, and content management services. As a cloud-based firm, it can assist clients regardless of their location. Comprehensive Accounting Services is an accounting firm that is located in Lincoln, Nebraska and serves small businesses owners in the greater Lincoln, Nebraska area. It helps businesses owners who encounter increasing profitability, decreasing taxes, tax notices/surprises, or simply want more time.

Services include financial statement presentation, bookkeeping services, payroll checks and returns, establishing accounting systems, and sales tax preparation. The firm owner and founder, Perry L. Demma, obtained his certified public accountant certificate and permit to practice from the State of Nebraska in 1973. Ehlers Accounting & Tax Services PC operates in Lincoln and the surrounding areas. The company offers bookkeeping services, creating and maintaining charts of accounts that capture its clients' financial transactions. Its professionals identify and resolve discrepancies through periodic internal audits. They also offer other accounting solutions, such as bank reconciliation, financial statement preparation, payroll, and individual consultation.

Related Cost Guides

We would love to talk to you about how partnering with BAS & More to manage your bookkeeping function can support your business. We scored Lincoln Bookkeeping Services on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best. I increase small business profits by an average of $7500 per year by providing a clear and accurate picture of the financial health of the business. Customer satisfaction is the primary concern for restaurateurs but staying financially stable is essential. Owners often work hard on the interiors and ambiance, tablecloth and arrangement of the furniture, and mainly on serving delicious food.

• That’s the reason; outsourced bookkeeping services prove to be the best solution.
• Its professionals identify and resolve discrepancies through periodic internal audits.
• However, retailers often find bookkeeping to be one of the intricate processes of all.
• At Comprehensive Accounting Services in Lincoln, NE, public accountant Michael Jank puts his 34-plus years of experience to work for you.
• And there are complicated compliance issues that cannot be neglected.

Services for small businesses and individuals include income tax services of all types, bookkeeping, payroll preparation, and business advisory service. Burr Business Service employees are members of the Nebraska Society of Tax Professionals, Bookkeeping Services in Lincoln National Society of Accountants, American Institute of Professional Bookkeepers, and more. Buckley & Sitzman, LLP is a certified public accounting firm that is located in Lincoln, Nebraska and was founded over 85 years ago.

Balanced Bookkeeping and Tax Services

That’s the reason; they prefer bookkeeping services as it simplifies the payroll process seamlessly through accurate transactions. They also help during the busy tax season, making work for the insurers stress-free and error-free. If you lack time or skills to manage your books and keep data up-to-date or hiring an in-house bookkeeper is out of your budget, then partnering with BAS & More is the solution for you.

This firm offers tax management services, accounting services, payroll services, bookkeeping/write-up, compilation and review services, and bill paying services. Is a proud member of the American Institute of CPAs and the Nebraska Society of CPAs. Balanced Bookkeeping and Tax Services operates in Lincoln and caters to individual clients and businesses in the city. It installs Quickbooks software and programs for its clients to track income and financial records.

With the help of accountants, business owners learn to understand their cash flow and how profitable they actually are. Generally, accountants must have a degree in accounting or finance to earn the title. This is the equivalent of around $45,000 bookkeeper vs accountant salary per year, assuming a 40-hour workweek. The advantage of hourly pay is you receive 1.5 times your average wage for hours worked more than 40 per week. In bookkeeping, extra hours are typical during the busy tax season of January to mid-April.

They also need to be able to communicate effectively with clients and other members of the accounting team. Bookkeepers, on the other hand, need to have strong organizational skills to keep track of all the financial transactions made by a company. They also need to have attention to detail to ensure that all the numbers in the financial records are correct.

Timekeeper Salaries

You will check bank deposits for fraud, fix balance sheet errors, and maintain accurate payroll records. The size and scope of a business will determine whether the company needs a part-time bookkeeper, full-time specialist bookkeeper, or an entire accounting department. Both bookkeepers and accountants need to be comfortable working with numbers all day. Bookkeepers especially should be able to spot issues with daily expenses and make sure all the data points are tracked correctly. Accounting is for trained professionals who can give a fuller summary of your company’s financial realities.

You may handle payroll functions as a bookkeeper, keep tax withholding records, and issue paychecks or send information to a contracted payroll service. Depending on the organization's size, keeping track of business expenses and reconciling business statements may be your responsibility. There are also other credentials accountants can receive such as CFA and CIA that allow accountants to provide a specific set of services to businesses. CFAs or chartered financial analysts are knowledgeable about global markets, investment analysis, ethical financial practices, and portfolio management. If you want to become a CFA, you need to pass three exams, including CFA level 1, level 2, and level 3. With all of this information pulled together in financial statements and reports, an accountant can provide business owners with sound financial advice.

How much does a bookkeeper vs an accountant charge an hour?

The courses cover bookkeeping, Microsoft Excel, business math, and payroll administration. A bookkeeper maintains the financial records of business transactions on a daily basis. Bookkeepers are essentially keeping track of all the money that comes in and goes out of the business. For small businesses, adept cash management is a critical aspect of survival and growth, so it’s wise to work with a financial professional from the start.

However, a bookkeeper’s salary varies depending on their education, location and level of experience. If you’re looking online for bookkeeping certifications, you’ve probably already run into information about accounting programs. While there are similarities between bookkeeping vs. accounting, these two fields are not the same. A proper financial data management system can provide valuable, actionable insights and prevent problems, such as skimming fraud. As a bookkeeper, you oversee the first steps of the accounting cycle, while an accountant typically handles the last two.

Expand Your Job Opportunities

If you prefer to go it alone, consider starting out with accounting software and keeping your books meticulously up to date. That way, should you need to hire a professional down the line, they will have visibility into the complete financial history of your business. Accounting, tax, bookkeeping and payroll services supply most of the jobs for accountants and bookkeepers. According to the BLS, accountants working in this industry had average annual pay of $75,790 in 2012. On the other hand, bookkeepers working for accounting and related services averaged $36,130 per year in 2012, a difference of almost $40,000.