What is Cash Basis Accounting?

Cash basis accounting is an accounting method commonly used by many small businesses that recognizes revenues and expenses only when cash is exchanged. It uses single-entry accounting, unlike accrual basis accounting which uses double-entry accounting. Because of this, cash basis accounting is easier to use and doesn’t require specialized training in accounting.

Our team of experienced bookkeeping professionals are based in Houston, Texas. We provide full-service, virtual bookkeeping to small businesses in Houston, across Texas, and all over the United States. Our outsourced bookkeeping solutions not only save you time and money, they protect you from fraud and provide you with proven strategies to improve your bottom line.

Save Time and Money When You Outsource Your Bookkeeping

Based on data gathered from our clients over the past 20 years, on average, we save our clients more than 10 hours a month and tens of thousands of dollars. Some clients save hundreds of thousands of dollars a year when they switch to our outsourced services. Find out how much time and money we can save your company now.

Our team of experienced bookkeeping professionals are based in Houston, Texas. We provide full-service, virtual bookkeeping to small businesses in Houston, across Texas, and all over the United States. Our outsourced bookkeeping solutions not only save you time and money, they protect you from fraud and provide you with proven strategies to improve your bottom line. 

How much time are you spending dealing with bookkeeping and accounting every week? Answering questions about bookkeeping and accounting? Signing checks or reconciling accounts? Figuring out your cash flow or solving vendor issues? The bottom line is that anything you do that isn’t bringing revenue into your business, causes you to lose money. That’s where we come in. We do your bookkeeping for you so that you can spend your time building your business. 

A commonly asked question we get from business owners is if they’ll lose control over their financials by outsourcing their bookkeeping.

When you outsource your bookkeeping to our team of experienced bookkeepers, the answer is no, you won’t lose control over your financials. In fact, you will gain even more control over your financials. In addition to having access to your financials at your fingertips, you’ll have increased transparency over every part of your business. 

One way we give you increased transparency over your financials using cutting-edge technology that enables you to access your financials from anywhere at any time. When you hire us, we also work with you to make sure you have internal controls set up for your business. These internal controls help protect you from theft and embezzlement, in addition to giving you more control over the way money is handled in your company. 

In addition, we provide you with regular financial reports based on your schedule. Generally, these reports are delivered quarterly. Our CEO, Tracy DeFatta, will sit down with you to review your quarterly reports. In this meeting, we do a deep dive into your numbers and discuss how your business is doing. We put our decades of experience in helping businesses succeed to tell you how your business is doing, where it’s headed, and where there’s room for improvement. 

Having one-on-one meetings each quarter to review the state of your business is key to knowing what your financials are telling you. Along with the internal controls we set up throughout your business and how we give you access to all of your financials, quarterly reviews are another way you gain control over your bookkeeping by outsourcing it.   

It can be hard to let go of any part of your business, especially your bookkeeping. However, our clients are proof that outsourcing your bookkeeping to our experienced, trusted team is good for your business. Find out more about how we’ve helped them in their own words.

Get premium bookkeeping services at prices designed to help small businesses succeed

Ready to gain control over your financials and save time and money? Sign up for a FREE Bookkeeping Consultation today to receive a complete review and analysis of your books as well as a 1-hour consultation where we answer all your questions and discuss how much time and money we can save you every month. Get the only outsourced bookkeeping solution designed to help you succeed every step of the way. Click here to get started. 

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