Bookkeeping for Small Businesses

You are part of a growing number of small business owners who realize that their business, and its continued success, is worth outsourcing when needing professional services. OSWN is here for you.

We will manage your books and provide critical financial information so you can focus your time on building your business and increasing your profit.

Our Bookkeeping Process

What describes your business best?

Start from Scratch

Are you a business that doesn't have a current bookkeeping system in place or a new business just starting? We will create and organize an electronic company file that incorporates all your business transactions for the current year. Your books will be all caught up and easy to maintain your finances moving forward.

Creating QuickBooks® subscription
Creating a new company file
Setting up a chart of accounts customized for your business
Setting up your customer list
Setting up your vendor list
Creating a custom invoice template
Creating a custom job proposal/estimate template
Setting up state sales and income tax schedules

Catch Up and Clean Up

Are you an established business looking to outsource tasks? We will systematically start organizing your financial information and work forward until your bookkeeping is completely up to date.

A comprehensive review of your bookkeeping system – verifying that your chart of accounts is optimized for your business and making sure your accounts are set up properly.
Past Month to month reconciliations of your bank account and credit card transactions.
Update your accounts receivables and accounts payables.
Analyze your company file to ensure data accuracy.
Prepare and file your tax return

Then What?

Maintain with Monthly Bookkeeping

Once your business is up to date, OSWN will manage your monthly bookkeeping responsibilities so you can focus on serving your clients and making more profit. We offer several different packages and can tailor our services to meet your needs.

Here are some of the things we support small businesses with:

Tracking and reporting on proposals/estimates
Email paid receipts
Customer Invoicing
Collect and reconcile bank statements
Collect and reconcile credit card statements
Manage accounts receivables and payables
Review and adjust accounts based on monthly statements
Past Due account follow-up – stay on top of unpaid invoices
Profitability analysis
Monthly financial reporting (and how to read them)
Custom Reporting as needed
Email, Phone, and Text Support
Bill Pay Processing
Inventory Clean-up and Tracking
Prepare and file your tax return

Small Business FAQs

How much is bookkeeping for a small business?

OSWN is affordable for small businesses of all sizes. We pride ourselves on keeping our overhead low to pass the savings to you. Since every business is different, please contact us for a complimentary consultation.
Why bookkeeping is hard for small business owners?

Small business owners are so busy running their business, they rarely have time to do anything else. Bookkeeping should be done accurately and timely so business owners have the information needed to make important decisions.
What does bookkeeping entail?

In general, bookkeepers set up and maintain your books. Every penny that comes into and leaves your business is categorized into the right accounts. Accounts are reconciled every month and any changes are adjusted. State sales tax and quarterly reports are paid and submitted. Bookkeepers also follow up on Accounts Payable to alert you when bills should be paid. If you have employees, bookkeepers can assist in payroll processing.

"Thank you so much for everything! The OSWN team did an amazing job and is exactly what we needed."

The Laurent Family - Current OSWN Client