Bookkeeping services involve tracking all financial activity in your business — including income, expenses, bank reconciliations, invoicing, and preparing monthly or quarterly reports.

Accurate bookkeeping helps you make better business decisions, stay tax-compliant, manage cash flow, and prepare for audits. It also reveals trends that can support long-term growth and financial health.

Bookkeeping should be done consistently — weekly, monthly, or quarterly — depending on your business size and transaction volume. Staying up to date prevents costly errors and keeps your finances organized.

Bookkeeping records daily financial transactions like sales and expenses. Accounting goes further — analyzing that data to produce reports, file taxes, and help with decision-making.

You can do your own bookkeeping using software, but a professional bookkeeper saves time, ensures accuracy, and helps with tax compliance. They also provide insights you might miss, helping your business grow with confidence.

Look for experience, knowledge of your industry, transparent pricing, strong client reviews, and use of up-to-date technology. Make sure they understand your business model and offer support tailored to your goals.

Yes. While software helps with data entry, a bookkeeper ensures accuracy, handles categorization, and interprets your financial reports.

Cash basis records income and expenses when money changes hands. Accrual basis records them when they’re earned or incurred — even if payment happens later.

For most small businesses, yes. However, high-volume or fast-growing businesses may benefit from weekly updates.