How Financial Management can grow your Business
Bookkeeping is the process of recording financial transactions, categorizing and analyzing all financial data that occurs in an institution, whether such institution is business accounting or personal in nature.
There are many accounting systems for bookkeepers to use in tracking finances. However, at Papillon House we use QuickBooks Online as our accounting software to help keep track of and record transactions as well as run the financial reports necessary to assist a business in its organization and planning.
We handle your day to day financial records which removes hours of time and effort on your part. The account records we use include receipts, invoices and bank feeds/ financial statements - all of which can be quickly and painlessly set up for you. We use this information to create reports for your business planning, help you organize for tax filings, and apply for loans or certifications- or whatever your long term business goals may be.
It's Similar to Small Business Acounting- But Better!
Our Services put time back into your life for a Reasonable Cost
Entrepreneurs have a passion to do what they love, and to make money doing it - bookkeeping and accounting is a necessary process to achieve that. By hiring a financial manager to do the books for you, you can get back to doing more of what you love. Furthermore, when you invest in your company, you can focus on increasing your sales and revenue, decreasing your costs, and growing your company the way you want.
There are always other things we want to be doing in life rather than working- no matter how much we LOVE our chosen field!
From watching a sporting event and going on vacation, to spending time with family and kids, the hard truth of entrepreneurship is that you can’t do the things you love with the people you love, when you’re spending hours a week balancing your books and trying to run reports.
At Papillon House Bookkeeping, we offer a way for you to gain back that valuable time that lets you get back to the things in life you want to be doing without sacrificing the business!
Privacy is Key
Your firms accounts and finances are your business, and no one else's. Which is why we employ the highest ethical standards in order to protect your company and make sure that you are not exposed to anyone you have not given permission to.
Decrease Overhead
With flat monthly fees, we take the guess work out of cost. When you work with us, you save money on payroll tax, 401k, insurance, and all other "in house" expenses. There is no need for overtime or sick pay; no time out of your day is spent chasing around another employee for productivity.
When you're here... You're Family
Are you tired of consistently being unable to get ahold of your CPA or QBO standard bookkeeper? At Papillon House, your bookkeeper is a phone call or email away. We treat our clients the way we would like to be treated- like people.
The Key to Financial Literacy is ... Understanding the Financial Data that Lives in the Numbers.
So often business owners will run a report but not truly understand what those numbers are telling them. At Papillon House we understand numbers mean nothing without understanding. We work with you to ensure that you do!
We offer a variety of reports on a monthly or bi-weekly basis to help you on your way to Financial Freedom. Through repetition the pattern emerges!
Profit & Loss Statements
The Profit and Loss report, also known as an Income Statement, shows the revenue and expenses of your business over a particular period of time. Typically, these reports are produced monthly, quarterly and annually.
Balance Sheets
A Balance Sheet is a snapshot of your companies finances at any one point in time. This report is used for business planning.
Cash Flow Statement
A Cash Flow Statement is a record of the money (cash, electronic payments, etc.) entering and leaving your company. This can help you identify and budget particular categories of income and expenses.
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Accounts Payable
Keeping track of who you owe and who needs to be paid this month is overwhelming. We are here to help! We have systems in place to keep track of and record, all of your vendors and their outstanding invoices. And, we can help you remember who needs to get paid each month with a special report.
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Accounts Receivable
Wondering who owes you money month after month is exhausting. Preparing and sending invoices can be time consuming, not to mention complicated and tedious- let us help! We can work with you to input a system in place that will best fit your business needs, whether you need us to input them for you or retroactively for data entry purposes.
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Business Organization
We all want to take our business to the next level but sometimes we're unsure how. We specialize in companies that are ready to take the next step and grow! The future is virtual and sometimes it's hard to determine the best way to do things, while also ensuring nothing gets missed. Let our experience work for you; we can schedule a 1:1 meeting where we can strategize the BEST way for your business to move forward!
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Tax Planning
We contract with one of the best fractional CPA's in order to bring you tax preparation, filing, and monthly strategy sessions. We have packages tailored to your business so that all of your financial needs can be taken care of under ONE roof!
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Payroll
Sometimes companies fall behind and need help paying their subcontractors. Big companies have complicated software systems that make running payroll a nightmare. We contract with one of the best small business payroll companies on the market- and can help with making payments so you can save time and money.
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Quickbooks Online
We can get your subscription at a discounted rate, thus decreasing your cost of doing business.
Not Sure? Have More Questions?
Check out our Frequently Asked Questions
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