We’re often asked by prospective clients what our Bookkeeping Service covers? People want to know what specific tasks we do, and what is their responsibility. This brief explainer page will answer that question. This is by no means an exhaustive list, but covers the most frequently asked questions.
We do not offer bill-pay services at this time.
Our bookkeepers can assist you in setting up your initial payroll service in QBO or Gusto, as well as submitting your payroll to your payroll provider for hours and salary data entered by you. We are not responsible for entering payroll hours/salary, accruing payroll taxes, nor the transmittal of payroll taxes to the IRS or the state. Your full-service payroll provider (QBO or Gusto) will be the responsible party for payroll and payroll tax compliance.
Similar to the last item, your full-service payroll provider (QBO/Gusto) is responsible for preparation of Form W2 for employees.
For those nonprofits that sell taxable goods and/or services, your bookkeeper will assist in accounting for sales taxes collected and transmitted, but we do not prepare state sales tax reports.
We do not provide individual donation data entry into your donor CRM/accounting package, nor prepare year-end donor acknowledgements.
*May incur additional fee per 1099-NEC or 1099-MISC.