Stay organized and informed with consistent bookkeeping.
Managing your business finances shouldn’t be a constant source of stress. By outsourcing your bookkeeping to Basswood, you gain the freedom to focus on growing your business while we handle the details.
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With monthly account reconciliations, you’ll have up-to-date financial insights and management-use reports at your fingertips. Let Basswood streamline your bookkeeping so you can focus on what you do best—running your business with confidence.
The End of D0-It-Yourself Bookkeeping.
In-house bookkeeping and financial management may seem like a great cost-effective solution, but it often leads to doubt and confusion rather than confidence. Without the experience and expertise, many business owners find themselves spending limitless hours trying to make sense of their numbers, trapped in the past and unable to prepare for the future.
No More Inconsistent Schedules
When bookkeeping tasks fall to the bottom of your to-do list, your financial records suffer. Inconsistent updates leave you guessing about your cash position and scrambling at tax time. We maintain a reliable management schedule, ensuring your books are up-to-date, so you can stay focused on running your business—not catching up on data entry.
Clear & Consistent Expense Tracking
Spreadsheets and generic software can only take you so far. Without structure and consistency, expenses get miscategorized or overlooked. We organize transactions accurately in a custom chart of accounts designed for your business—giving you a clear picture of how money is being spent, and where to save or reinvest.
Let The Numbers Tell Their Story
DIY bookkeeping may get the job done on paper, but it rarely offers clarity or direction. Without guidance, you're left trying to interpret the numbers on your own. Our team doesn't just track your data—we help you understand it.
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Insights That Empower You to Grow
Seeing your numbers is one thing. Understanding them is another. Our bookkeeping services don't stop at organizing data—we deliver insights. We help you interpret your financial reports, track performance trends, and identify opportunities so you can make informed, strategic decisions with clarity.
Smart Spending with Budgets & Forecasts
When your books are behind or unreliable, it's nearly impossible to set realistic budgets or predict what's coming next. Without visibility into your income and expenses, planning becomes guesswork. We keep your financial data organized and current, so you can create meaningful budgets that support sustainable growth.
Avoid Costly Penalties
Misreporting income, overlooking payments, or missing deadlines can lead to serious consequences—penalties, audits, and unnecessary stress. DIY bookkeeping often increases the risk of errors that cost more in the long run. With Basswood, your records are maintained by professionals who know the rules.
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Reduce Errors & Improve Accuracy
When bookkeeping is squeezed between other responsibilities, receipts, invoices, and records often end up scattered—or missing altogether. This disorganization not only delays reporting but can also cause errors that ripple through your financials.
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Financial Reports You Can Rely On
DIY bookkeeping often results in unreliable or incomplete reports. When it's time to make a big decisions (or file taxes) you're left without a trustworthy source of truth. Our team reconciles every account monthly and prepares accurate, management-use reports you can use to guide your business forward with confidence.
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Tax-Ready, Year-Round
Bookkeeping isn't just about today—it's also about preparing for tomorrow. Basswood ensures your records are clean, accurate, and ready for tax season— eliminating the last-minute scramble. With our help, you'll know what to expect and how to plan, avoiding costly surprises and keeping your tax strategy on track.
Building Your Business with Basswood
Small business owners often find themselves operating in multiple roles, juggling a variety of responsibilities, and unable to focus on what's most important. At Basswood, we strive to empower small business owners to do what they do best—build their business. By outsourcing your business's financial organization and compliance management, you gain financial insights that lead to informed decisions, more time to focus on the future of your business, and peace of mind knowing you have a financial partner you can trust.
Financial insights that lead to informed decisions
More time to focus on the future of your business
Peace of mind knowing you have a financial partner
A Dedicated Account Manager Committed to Your Success.
As your financial partner, we are committed to supporting the growth of your business. Your dedicated Account Manager develops a deep understanding of your business to ensure consistent organization of your financial data, timely pay for your employees and contractors, and sustained compliance with governing agencies. They serve as your primary point of contact, equipped to provide you with QuickBooks Online support and answer questions as they arise.
What to Expect From Your Account Manager
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Weekly/Bi-weekly Organization of Transactions
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Monthly Reconciliation of Bank and Credit Card Accounts
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Management-use Reports and Financial Statements
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Reporting & Remittance of State Sales Tax​
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Employee Onboarding Assistance
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Scheduled Pay for Employees & Contractors
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Calculation & Remittance of Payroll Withholdings
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Preparation & Filing of Wage Reports
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End-of-Year Reporting (1099s & W-2s)
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​QuickBooks Online Technical Assistance
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Compliance Guidance and Best Practices
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Notice Interpretation and Resolution
