Our Services
Streamline your financial operations by booking an appointment with our expert bookkeeping team. Discover how precise and professional record-keeping can propel your business forward.
Bookkeeping Services
At NewGen Bookkeeping, we offer a structured and effective approach to bookkeeping services designed to streamline your financial processes. Here’s how we deliver our services:
- Initial Consultation
We start with a thorough consultation to understand your business needs, challenges, and goals. This allows us to tailor our services to fit your unique requirements.
- Custom Bookkeeping System Setup
We establish a bookkeeping system specifically designed for your business. This includes choosing the right accounting software and creating a chart of accounts that suits your operational structure.
- Daily Transaction Recording
Our team handles the daily recording of financial transactions, ensuring accuracy and consistency. This includes tracking income, expenses, and other financial activities in real time.
- Regular Reconciliation
We perform regular bank reconciliations to match your internal records with bank statements. This process helps identify discrepancies and ensures that your financial data is accurate and reliable.
- Accounts Management
We manage both accounts payable and receivable, streamlining the invoicing process and ensuring timely payments. This helps optimize your cash flow and maintain good relationships with vendors and customers.
- Comprehensive Financial Reporting
We provide detailed financial reports, including profit and loss statements, balance sheets, and cash flow reports. These insights allow you to make informed business decisions and track your financial performance over time.
- Ongoing Support and Consultation
Our relationship doesn’t end with the numbers. We offer ongoing support and strategic consultation, helping you navigate financial challenges and identify growth opportunities.
- Bookkeeping Cleanup
If your records are disorganized or inaccurate, we provide cleanup services to restore order. We review and correct your financial records, setting you up for success moving forward.
- Continuous Improvement
We regularly assess and refine our processes to ensure that we provide the most effective and efficient bookkeeping services. Your feedback is invaluable to us as we strive for continuous improvement.
Bookkeeping Cleaning Up
At NewGen Bookkeeping, we recognize that maintaining accurate financial records is essential for the success of any business. Our Bookkeeping Cleanup Services are designed to help you restore order, accuracy, and clarity to your financial data. Here’s how we approach our cleanup services:
- Initial Assessment
We begin with a comprehensive assessment of your current bookkeeping situation. This includes reviewing your financial records, identifying discrepancies, and understanding the challenges you face.
- Identifying Issues
Our team analyzes your records to pinpoint specific areas that need attention, such as incorrect entries, missing transactions, or outdated information. This step is crucial for developing a tailored cleanup plan.
- Organizing Financial Records
We help organize your financial documents, ensuring that everything is in its proper place. This may involve categorizing transactions, consolidating information, and setting up a logical filing system.
- Correcting Errors
Once we’ve identified issues, we work diligently to correct any errors in your financial records. This includes adjusting incorrect entries, reconciling accounts, and ensuring all transactions are accurately reflected.
- Implementing Best Practices
We provide guidance on best practices for maintaining accurate and organized financial records moving forward. This includes establishing processes for regular data entry, reconciliation, and record management.
- Ongoing Monitoring and Adjustments
We offer ongoing monitoring of your financial records to ensure they remain accurate and compliant. If any new issues arise, we’re here to provide prompt support and solutions.
- Final Review and Reporting
After completing the cleanup process, we conduct a final review of your financial records and provide a comprehensive report. This report outlines the changes made and highlights key insights to help you understand your financial position.
Courses For New Business Owners
At NewGen Bookkeeping, we offer a variety of courses designed specifically for new business owners. Our goal is to equip you with the essential knowledge and skills needed to manage your finances effectively. Here’s how we deliver our courses:
- Foundational Bookkeeping Course
Overview: This course introduces the fundamentals of bookkeeping, including key terminology and concepts
- Financial Literacy for Entrepreneurs
Overview: This course covers essential financial concepts, including reading financial statements and understanding cash flow.
- Budgeting and Forecasting
Overview: Learn how to create effective budgets and financial forecasts tailored to your business goals.
- Advanced Bookkeeping Techniques
Overview: This course delves deeper into complex bookkeeping topics such as reconciliations and reporting.
- Financial Reporting and Analysis
Overview: Learn how to prepare and analyze financial reports to assess your business's performance.
Payroll
our mission is to simplify payroll processes for our customers, ensuring timely, accurate, and compliant payroll solutions that empower businesses to focus on growth. We strive to build trusted relationships through exceptional service, transparency, and a commitment to understanding the unique needs of each client. By leveraging innovative technology and industry expertise, we aim to deliver a seamless payroll experience that enhances operational efficiency and supports the success of our customers and their employees.