US Sole Proprietor Bookkeeping
Budget: ₹12,500 – ₹37,500 INR
I run a sole proprietorship in the United States and need someone to take full ownership of my business bookkeeping so everything is clean and ready for tax time. All transactions flow through one business-only bank account and a company credit card, but I have not maintained a formal ledger this year.
Because I am not sure whether cash or accrual accounting makes the most sense for my situation, I would like you to review my activity, recommend the appropriate method, and then set up the books accordingly. From there, please:
• import and categorize all 2023-24 transactions,
• reconcile each month to bank and card statements,
• generate standard financials (P&L, balance sheet, cash-flow), and
• create a year-end tax summary I can hand straight to my CPA.
I am comfortable with QuickBooks Online or Xero—use whichever you prefer, as long as I can log in and see everything clearly organized. If additional apps (e.g., bank rules, receipt capture) will streamline the workflow, let me know and we can add them. Accuracy and clear notes on every entry are essential; I expect the books to tie out to the penny.
Please tell me how quickly you can have the current fiscal year fully caught up and what access you will need to get started.
Because I am not sure whether cash or accrual accounting makes the most sense for my situation, I would like you to review my activity, recommend the appropriate method, and then set up the books accordingly. From there, please:
• import and categorize all 2023-24 transactions,
• reconcile each month to bank and card statements,
• generate standard financials (P&L, balance sheet, cash-flow), and
• create a year-end tax summary I can hand straight to my CPA.
I am comfortable with QuickBooks Online or Xero—use whichever you prefer, as long as I can log in and see everything clearly organized. If additional apps (e.g., bank rules, receipt capture) will streamline the workflow, let me know and we can add them. Accuracy and clear notes on every entry are essential; I expect the books to tie out to the penny.
Please tell me how quickly you can have the current fiscal year fully caught up and what access you will need to get started.