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These are the types of frequently asked questions where we address your genuine concerns, we hope that you will be able to find answers to the questions that you sincerely want to know. If these are not covered with the scope of your requirement, send us a message specifying your requirement”, and we will come up to you very shortly.
We follow GAAP (Generally Accepted Accounting Principles) standards for our bookkeeping and accounting processes. Our services include setting up the chart of accounts, importing banking data, categorizing transactions, processing payroll, recording and reconciling customer and vendor accounts, bank reconciliation, financial reporting, and preparing tax-ready reports.
To perform the bookkeeping job, we require information about all transactions that affect your net worth. This includes receipts, records, purchase invoices, statements (bank, credit card, PayPal, Stripe, Pioneer, loan statements), bills of sale, and market value estimates. If you are using accounting software such as QuickBooks, Xero, or any other software, we will need user access to perform your accounting and bookkeeping tasks. However, specific requirements may vary depending on the nature of your business and workflow.
Yes, we can assist you in updating your bookkeeping and accounting records for the past several years to ensure everything is tracked and up to date.
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RI-Accounting offers a full spectrum of accounting and administrative support services, tailored for small and medium-sized businesses. Our dedication to compliance, integrity, and accuracy means you can trust us to handle your financial details meticulously, freeing you to concentrate on your core business activities.
Yes, if you don't use any accounting software, we can manually track your transactions, payroll, and inventory using Excel spreadsheets. We will then prepare your business accounts and financial statements following GAAP standards.
Certainly! We provide cleanup services for QuickBooks Online, Xero, and Wave bookkeeping for those who have fallen behind. It's very common, and we have completed projects spanning multiple years. We love helping to get your books back in order!
Certainly! We provide cleanup services for QuickBooks Online, Xero, and Wave bookkeeping for those who have fallen behind. It's very common, and we have completed projects spanning multiple years. We love helping to get your books back in order!
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