Startup Business Book-Keeping

Overview
Entelyglobal startup business bookkeeping /cash basis bookkeeping is suitable for startups and mid-sized businesses who are in their early stages of growth & do not require sophisticated & advanced accounting services but are just looking for bookkeeping services that are cost effective.

About Us
Our services are best fitted for enterprises having small or medium sized business, including those which are recently set-up. The idea is to provide reliable and accurate basic book keeping services to such companies at reasonable cost.

Try & experience our service (First month on us)
You don’t have to sign up with us for trying & experiencing our services. If you are someone who does not want to commit before trying, opt for our trial services which are free for the first month. We will do a month of your bookkeeping, and provide you with an income statement and balance sheet. Of course, the trial period bookkeeping does not include backlog/catch-up assignments and is subject to conditions with respect to the number of transactions we process.

* Only for startup business bookkeeping plans

Free Trial for a Month
You have the opportunity to experience our working before signing up with us. Click on the link below and enter the required details. The accounting for the trial period will be done by us and you will be provided with the financial statements (Income statement and Balance sheet) for such period along with the backup data. The accounting will be subjected to some terms and conditions (click here).

Support

Monthly financial statements
It’s essential to know how your business is doing at regular intervals. Be it your profitability (P&L) or the financial position (Balance sheet). It’s on us to provide you with an accurate and reliable income statement & balance sheet every month. With all of your transactions organized into categories/accounts, you can easily track how much you earn and spend each month, how much you own, and how much you owe.

Services

Periodical Statements
We will provide you with the accounting data at the agreed intervals reflecting your precise position. This is to give you the information of the business right from the input to the output. In other words, this will be the detailed information about your incomes, expenses, assets and liabilities.

Analytical reports
Business decisions have to be made based on data & not on emotions. Further, the cash flow position is as important as the profitability of the business. We will help you see your company’s financial health at a glance and help you stay in control of cash flow. Our graphical reports/dashboards display your revenue, expenses, and profit over different time periods. Knowing where your money is coming from and going is the first step to making smarter business decisions.

Funds Analysis
Funds management is a crucial aspect of accounting which should not be neglected. The analysis will illustrate the flow of funds from the point of its origin to the point of application until the point of its results. The knowledge of the sources of the funds will help you to decide where to apply them to achieve the maximum output at minimum cost.

Other Reporting
There is more to a business than just an income statement and a balance sheet. Business decisions are to be taken on well analyzed situations along with required information. These reports will assist you in both short and long run aspects of your business. There are endless options to consider such as: How to do effective cost cutting?; How to increase revenue?; Where to shift expenses to gain maximum outcome? and many more.

A glance into your business performance
Monthly financial statements and expense overview helps you to be in control of your finances. At-a-glance visual reports help you see the big picture and provides actionable insights to help you grow your business.

Your Business Performance  / To be up-to date with your performance
Our reports will assist you in managing the resources and balancing your work in achieving the ultimate goal of wealth maximization. All these services will greatly contribute in creating a vision for your business.

One business day responses
Our bookkeepers work in-house and they respond within one business day.

How we work

We do your bookkeeping
Each month our team reconciles your accounts, categorizes your transactions, and provides you financial statements. They will also make any necessary adjustments to your books to ensure that they are tax-compliant.

We might need your input
Categorization of expenses is essential to keep a tab on your costs.
While we work on your books, we may need your help to categorize some transactions properly.
We list them and share them with a few categorization suggestions to pick from, and then you can let us know where it belongs.

Our Role
Our team will segregate your transactions, update all the accounts and draft periodic reconciliations to provide you with error free financial data. To do the same we will require your full support in providing all the necessary inputs.

Taxation
All the required corrections and modifications will also be done with your prior approval to ensure the entity to be tax compliant.

Get in touch if you have a question
Any questions about your books? We are here. E-mail us & we’ll get back to you within one business day. We are also available on call if you’d like.

Contact us regarding your accounts
Send us your questions regarding your accounts or any other related issue and we will get back to you within a working day. Write us on abc@abc.com .

Year-end financial package
We also compile all the financial information you and your accountant would need to file your taxes: comprehensive financial statements, notes of items that require specialized tax treatment, and a detailed backup in case your business is audited.

Here’s what included:

  • Income statement
  • Balance sheet
  • Trial balance
  • Journal entry summary
  • General ledger
  • Notes to accounts

Deals We Offer

Financial Year Package: In this we will collect, arrange and record your financial data for the whole year and will present you with the complete financial statements at the end of the year.

Yearly Package: Your accounting will be done by us, it will be 100% outsourced. We will record your data in our system on daily basis. You will be provided with the periodical accounting reports and at the year end with the complete financial data.

Monthly Package: In this we record your financial transaction for a month and provide you with the reports.

Dedicated Bookkeepers

A team of experts
Our team has years of experience behind them in bookkeeping & accounting with one goal of simplifying and removing the burden of bookkeeping from your shoulders. With a little help from you at the start, we assess your bookkeeping needs inside and out in a short span of time, giving you peace of mind and more time to focus on your business.

Professional Experience
Our bookkeepers are professionally qualified & trained in-house. Collectively, they have experience supporting hundreds of small business owners with excellent track record of understanding & meeting client requirements.

Responsive support
Got a question? No problem. Send our team an email or have them call you at a time that suits. Our bookkeepers respond to questions within one business day

About Our Workforce

Team of Professional
We have well qualified and experienced professionals and they will work with you as a team. They have delivered desired results to hundreds of our clients.

Experience Provides Additional Benefits
They will ensure proper bookkeeping. The reports and analysis provided by them will assist you in making important decisions such as allocation of resources; cost management; revenue distribution etc.
For any query, click in below box and write us about it and we will provide you with an answer within a working day.

Intuitive process

Data-sharing
Using “File this” (https://filethispro.com/), being our official financial statement retrieval partner. Your financial statements are pulled automatically every month and saved in a secure portal for you to access them when needed.

Categorization
While our team categorizes the majority of your transactions each month, there would be some infrequent expenses which only you would understand,
we would need you to advise us on their categorization just once & we will go & categorize similar transaction each month.

Data Safety and Sharing
Your financial statements will get extracted automatically and saved in a safe portal for easy access.

Tax season support

  • Painless tax filing
    Come tax time,we can connect you to a tax expert we trust. Answer a few questions, share your documents and they’ll file your taxes painlessly and on time.
  • Support for your CPA
    If your CPA has questions or needs to make any adjustments to your books, your team can work directly with your CPA to sort everything out saving you from any extra legwork
  • Catch-up bookkeeping
    If you’re new to our services and have months of bookkeeping overdue, our team can get you caught up in no time. We can complete a year’s worth of bookkeeping in 3-4 weeks.

Entelyglobal startup business bookkeeping differentiators

  • Cancel any time
    We never lock you in. We also make it easy to transition the process to your new team. Just give us a month’s notice so we can wrap-up  things up and hand over the books to your new team.
  • Responsive support
    A dedicated team of small business bookkeeping experts who work in-house.
  • Backlog bookkeeping
    Behind on your books? Need to catch up or add any amount of backlog bookkeeping to your monthly plan? We are here for you.
  • Additional options/scalability in future
    If you want any other services related to accounting/bookkeeping or your business has outgrown the cash basis of bookkeeping and need to move to accrual accounting/audit ready accounting, we have you covered. Being a full-service accounting and tax firm, we can also help you with add-on services like accounts payable management/accounts receivable management, financial projections and modeling and tax planning & filing.

Taxation Support
Return Filing: We have trusted tax experts who will file your return in timely manner on the basis of the information provided by you.

CPA Guidance:  Our team can work directly with your CPA to answer any query or proving details and making adjustment in your books.

Backlog
Our team can get your backlog work (for months or years) done in minimum time possible.

Cancellation of Our Services
The services can be cancelled any time by giving a month advance notice so that the work can be complete and the books can be transferred to your new accounting team.

Responsive Support
You can reach out to our team for any query and our team will get back to you with an answer within one working day. Email us the questions on ABC@XYZ.com .

Additional Support
We have a team of financial experts who can provide you guidance and answers to your strategic questions. Contact us for any other financial services.

Transaction Classification
We will be requiring your assistance in categorizing irregular expenses as you are more aware about the nature of the expense than us.

FAQ’s

  1. What type of bookkeeping is included?
  2. What type of softwares we work on under Startup Business Bookkeeping?
  3. What documents/access do you need to perform our bookkeeping?
  4. What is the timeline for my financials to be delivered?
  5. See Entelyglobal in action and find out how we can help you achieve financial clarity?

Frequently Asked Question (FAQ)

  1. What type of bookkeeping a company required?
  2. What are the documents are to be provided for starting the bookkeeping services?
  3. Within what timeline the financial statements will get delivered?
  4. What are the softwares we use?
  5. Write us on ABC@XYZ.com for any other questions.