Sherwood Park has businesses ranging from small owner-operated companies to larger commercial and industrial operations. With that variety comes a wide range of bookkeeping needs.
YEG Bookkeeping provides remote bookkeeping services for small and growing businesses in Sherwood Park and Strathcona County.
Bookkeeping in Sherwood Park
Strathcona County describes the region as home to thousands of businesses, with a mix of small, medium, and large businesses. The County also reports more than 4.4 million square feet of retail, office, and commercial space and extensive industrial land and infrastructure.
That means a Sherwood Park business could look very different from the next one.
A local professional service business may have relatively straightforward monthly bookkeeping, while a contractor, real estate business, or industrial service company may have a much larger number of transactions.
Our bookkeeping services are designed around the actual needs of your business.
Bookkeeping That Fits a Small Business
You don't necessarily need a full-time bookkeeper to have reliable financial records.
For many small businesses, outsourcing bookkeeping on a monthly basis can be a practical alternative.
We can handle the routine bookkeeping while you focus on customers, employees, sales, and running the business.
What We Do
Our bookkeeping services can include:
Transaction categorization
Keeping income and expenses properly organized in QuickBooks Online.
Bank and credit card reconciliations
Making sure your bookkeeping records agree with your financial accounts.
Monthly bookkeeping
Keeping your records current instead of allowing months of transactions to pile up.
Financial reporting
Preparing basic financial reports so you can understand how the business is performing.
Catch-up and clean-up bookkeeping
Helping when your records have fallen behind or need to be reviewed and organized.
Bookkeeping for Sherwood Park Service Businesses
Sherwood Park is home to many businesses serving local residents as well as customers throughout the Edmonton region.
For service-based businesses, expenses can include vehicles, fuel, advertising, software, insurance, subcontractors, professional fees, office expenses, and equipment.
Keeping those expenses categorized consistently makes it easier to understand the actual cost of operating your business.
For Businesses That Are Getting Too Busy to Do Their Own Books
One of the most common reasons business owners look for bookkeeping help is simple: the business got busier.
At first, doing the books yourself wasn't a problem.
Then you started getting more customers.
More invoices.
More expenses.
More transactions.
Eventually, the bookkeeping starts getting pushed back.
If that's where you are, you don't necessarily need to completely change your accounting system. You may simply need someone to take the bookkeeping off your plate.
QuickBooks Online for Sherwood Park Businesses
We specialize in QuickBooks Online.
Working in the cloud makes it possible for us to provide bookkeeping remotely while keeping your accounting information accessible online.
If you've already been using QuickBooks Online, we can work with your existing account and determine whether anything needs to be cleaned up before monthly bookkeeping begins.
Your Financial Reports Should Tell You Something
A bookkeeping file can be technically organized while still being difficult for a business owner to understand.
We focus on keeping the records organized so your financial reports can actually help you.
Your Profit and Loss Statement can help you see whether revenue is covering your expenses.
Your Balance Sheet provides a snapshot of what your business owns and owes.
These reports can be useful when making decisions about spending, pricing, growth, and cash flow.
Sherwood Park Bookkeeping FAQs
Do you work with businesses outside Sherwood Park?
Yes. We serve businesses throughout the Edmonton region, including Sherwood Park and other surrounding communities.
Can you take over bookkeeping from the business owner?
Yes. If you've been doing your own books, we can review your QuickBooks Online file and discuss taking over the ongoing bookkeeping.
Do you work with larger businesses?
Our focus is primarily small and growing businesses. The best way to determine whether we're a fit is to discuss your transaction volume and bookkeeping requirements.
Can you help with bookkeeping that is several months behind?
Yes. We offer catch-up and clean-up bookkeeping to help bring overdue records up to date.
Sherwood Park Bookkeeping Services
If bookkeeping is taking time away from running your business, YEG Bookkeeping can help.
Contact us to discuss monthly bookkeeping or catch-up bookkeeping for your Sherwood Park business.
