Discover How Our Bookkeeping Solutions Work

The IRS views gratuities as a form of income, so it is your responsibility to correctly report all the wages that your staff members earn. We use our expertise across the full spectrum of financial services and accounting to optimise your tax structures and ensure you adhere to the latest rules and regulations. With expertise across the full spectrum of financial services, we help you cut through the complexity of financial planning and move towards clear, achievable goals. Whether you need to manage your investments, save for your future, or adjust to a change in your personal situation, we can make sure your money works for you. We work across all aspects of accounts preparation and tax filing, drawing on our expertise across financial services and accounting to help you optimise your tax structures.

• By leveraging the right tools, you can get the financial info you need to make smart decisions – and help us work better together.
• Our bookkeeping solutions are designed with the entrepreneur in mind – you can pick and choose which additional services you may want or need, whether that’s today, next month, or two years from now.
• Our accounts receivable management offerings help you keep your payments in check.
• We’ll catch your mistakes now, and show you how to avoid them in the future.
• Acuity is modern-day accounting, built specifically to serve startups, entrepreneurs, and small businesses alike.
• This continuity ensures that we can guarantee uninterrupted bookkeeping solutions, even when your bookkeeper needs to be away.
• If you’re not already using QuickBooks or Xero, we’ll get you set up on one of them.

Our goal is to make your financials more transparent, efficient, and accessible. The reason we say that you’ll most likely need a controller, even if it’s just at the beginning, is because most new bookkeeping clients need some catch up bookkeeping. While tech is integral to what we do, we never forget that people matter most. For every piece of tech we use, there’s a real person who’s got the accounting experience running the show. They’ll get to know your business, your workflows, your goals – it’s all about making sure we deliver a service that feels tailor-made for you.

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Once your tip policy is set up, you should document and distribute it to every staff member when they get hired. Make sure it is clearly outlined with your restaurant’s process for handling tips and how exactly employees are expected to https://www.bookstime.com/ report them to the IRS. Also, to protect yourself and your business, your policy should include a grievance process when a problem may arise. Being transparent with all your policies will only build trust and prevent potential problems.

TYPE: ONLINE ACCOUNTING SOFTWARE

The Essentials plan makes accounting quick and easy, so you can focus on what’s important – building your business. When you work with Acuity, you’re not just benefitting from the expertise of our team. You also acuity bookkeeping gain access to our network of technologies that simplify your finances, including Xero, QuickBooks, Gusto, Bill.com, and more. Our accounts receivable management offerings help you keep your payments in check.

Using a bookkeeping software system will help you categorize and automatically reconcile the transactions imported from your POS system and manage your payroll. Restaurant payroll and taxes are complicated, but it doesn’t have to be. In some ways, it’s how you measure the customer service and sales performance.

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Our personalised retirement service exists to ensure you have everything you need for the years ahead. We focus on your individual circumstances and put you at the centre of the process, building a plan around you and your personal goals. We also make sure you’re aware of the different tax reliefs available to your business, and how to claim for them, so you can grasp every financial opportunity. Whether you’re a sole trader, limited company, LLP, partnership or a charity, we’ll help you to understand and navigate the world of accountancy. Keeping you on top of the rules, ahead of the deadlines, and in control of where your business is going. We connect you to all the accountancy and taxation know-how you need.

After signing up for bookkeeping solutions with our sales team, you’ll work with an onboarding team lead. This person is in charge of moving you through the onboarding process without a hitch. Your operations team lead handles the onboarding process and sets up key components like internal Slack channels and Google groups for bookkeepers. This continuity ensures that we can guarantee uninterrupted bookkeeping solutions, even when your bookkeeper needs to be away.

For Accountants

We pair you up with your own expert bookkeeper and diligent operations team lead who will stick with you. Get acquainted with fixed-rate mortgages, a prevalent option in the market. This post delves into their merits, drawbacks, and suitability, aiding your decision-making process.

We’re committed to serving each one of our clients with unmatched and personalized service. By committing to offer a slew of services, we support your growth as your accounting needs change. It can be a balancing act of optimizing the service level that our clients need, so we consistently check in on what our clients are doing and how we can better serve them.

YOUR BOOKKEEPING REVIEWS

VERIFYiQ works with QuickBooks and Xero to make your bookkeeping more accurate and efficient. Giving Kitchen – This organization provides emergency assistance to food service workers. As a certified B Corp™, we’re committed to doing good in the world, holding our company to high standards of social and environmental performance, transparency, and accountability.