Usually, bookkeeping involves maintaining accurate and up-to-date financial records to monitor the company’s financial health and facilitate essential financial decisions. In other words, it’s the systematic recording, organizing, and tracking of any business’s financial transactions and activities.
A bookkeeper provides services like recording financial transactions as well as managing accounts receivable, payable, and payroll for businesses. Additionally, a bookkeeper company offers various financial services to businesses, such as bank and credit card reconciliation, financial reporting, budgeting and forecasting, tax preparation support, financial analysis, consultation and advisory and many more as per the needs of businesses.
Mainly bookkeeping service costs vary from business to business and usually depend on the financial transactions, company size, complexity and location.