Bookkeeping Services: The Foundation of Financial Success
As a business owner, your plate is full. Time spent tracking receipts, reconciling accounts, and preparing reports is time away from growing your business. At Affinity Accounting & Tax, we offer comprehensive bookkeeping services to give you peace of mind and crystal-clear financial insights, so you can focus on what you do best.
The benefits for your business
Our professional bookkeeping services are more than a time-saver—they're a critical tool for strategic growth.
Why choose Affinity Accounting & Tax?
With years of experience helping businesses in the Albuquerque area, we are committed to providing professional and personalized service. Our integrated approach to tax and accounting gives you a holistic view of your financial health, ensuring you have a trusted partner every step of the way.
What our bookkeeping services include
We provide a full suite of services to handle your business's day-to-day finances.
- Recording and classifying transactions
- Reconciliation of bank and credit card accounts
- Gross receipt tax filing
- Financial statement preparation (Profit & Loss, Balance Sheet)
- Historical bookkeeping cleanup
- Expert support team
Our straightforward approach
We don’t just record transactions; we provide a partnership that offers clarity, accuracy, and efficiency. Our process is designed to be simple and seamless for you.
- Discovery: We start by learning about your business, your goals, and your current bookkeeping systems to create a customized plan.
- Implementation: We handle the initial setup and cleanup to ensure your financial records are accurate and up-to-date from day one.
- Ongoing Management: Our team provides consistent, reliable monthly service, monitoring your financial health so you can focus on your business goals.
- Informed Decision-Making: With reliable financial data at your fingertips, you can make smarter, more strategic decisions to fuel your company’s growth.
- Financial Clarity and Confidence: Gain a clear, accurate picture of your business’s financial performance with up-to-date reporting. Understand your cash flow, profitability, and where your money is going.
- Time and Stress Savings: Reclaim your valuable time and energy. We’ll handle the tedious, time-consuming tasks of bookkeeping, freeing you to invest more in your business.
- Tax-Ready Financials: Rest easy knowing your financials are organized and compliant year-round. This makes tax season smoother and helps you avoid costly errors and penalties.
Ready to simplify your finances?
Let us handle your bookkeeping so you can get back to growing your business.
Now Offering Accounts Receivable & Accounts Payable Services
The cost of a full-time accounting clerk can be a financial burden for your small business. Especially when you factor in health benefits, required paid time off, supplies and payroll taxes. Outsourcing these functions to an accounting firm who specializes in these services will not only provide you with cost savings, but also with peace of mind.
Outsourcing your Accounts Payable and Accounts Receivable is a powerful move for any business who wants to boost savings, amplify their cash flow and build stronger relationships with customers and vendors.
Accounts Payable
Managing your bills can be a headache and very stressful when you have an entire business to run. As your Accounts Payable Specialist, we can increase the speed of invoice processing, improve accuracy, efficiency, all while improving your bottom line.
Managed Accounts Payable Services include:
- Receipt of invoice from the Vendor
- Expediting approvals in the account payable process
- Tracking aging of invoices in accounts payable
- Helping resolve billing issues in accounts payable
- Avoiding duplicate payments in accounts payable
- On-time vendor payments in account payable
- Enter invoices into accounting system
- Communicate with vendors
- Management reporting to track bills and control cost
Accounts Receivable
One of the most important functions in a business is being able to collect payment on time from your customers. As your Accounts Receivable Specialist, we will ensure your invoices are paid and deposited in a timely manner. Hiring an accounting firm ensures efficiency and accurate data.
Managed Accounts Receivable Services include:
- Cost savings provided by firm
- Expertise in collecting from customers
- Improves cash flow with better tracking and collections
- Improved accuracy of account receivable transactions
- Invoice automation to improve efficiency
- Email and customer data management
- Free up management/owner time
- Proper invoice coding and payment matching
- Management reporting to track highest selling services/products
What are the benefits of outsourced bookkeeping?
- Easy access to your current financials
- Accurate financial reporting
- Cash flow management
- Effective budgeting & forecasting
- Make better financial decisions
- Obtain quick financing
- Know the value of your business
- Easily calculate owner pay with accurate data
- Additional year-end tax savings can be found with clean books
- Accurate financial data means accurate tax planning
- Properly calculate estimated tax payments
- A network of accountants and tax professionals in your corner
- Peace of mind and time to focus on growing your business
- Stay compliant with local and federal tax laws and regulations
