Small Business Bookkeeping Services in Katy Texas

Are you a small business owner in Katy, Texas, looking for reliable and affordable bookkeeping services? Look no further than Eftex Tax Solutions! Flora and her team have been serving small businesses from LaCentera here in Katy now over a decade (since April 2012), providing top-notch and personalized bookkeeping services that have helped local businesses owners such as Nick of NBD Graphics on Mason Road grow their businesses and thrive.

For a closer look at Eftex’s bookkeeping services and how they can benefit your business, please click on the topic below that is most relevant to you.

• What is Bookkeeping?
• Why Not Just Take Care of Bookkeeping Yourself?
• Why Choose Eftex Tax Solutions for Your Bookkeeping Needs?
• Bookkeeping Services for Small Businesses Eftex Provides
• Other Related Services (Payroll and Tax Filing) Eftex Provides
• Next Steps
• Other FAQs

What is Bookkeeping?

Before we dive into the details of our bookkeeping services, let’s define what bookkeeping actually is. Simply put, bookkeeping is the process of recording and organizing financial transactions for a business. This can include everything from invoices and receipts to bank statements and payroll records. Bookkeeping is an essential part of running a successful business, as it helps you keep track of your financial health and make informed decisions about your future. Accounting software such as Quickbooks online and Freshbooks make basic bookkeeping something that some small business owners are able to manage on their own.

Why Not Just Take Care of Bookkeeping Yourself?

You might be surprised to read this on a small business bookkeeping services company’s website, but we actually think that this is exactly what some business owners should do.

If you’re a new business owner, have some knowledge of basic financial statements or financial planning, and have more time than discretionary money at this time, for example, this could make a lot of sense.

What do we mean? First, taking care of your own bookkeeping will save you some money. Second, it might give you a greater understanding of your business finances. Third, it you enjoy a greater sense of control and are not yet comfortable to share your finances with any external small business bookkeeping services, taking are of your own bookkeeping tasks might tbe the way to go for you.

Why, then, would anyone bother hiring out for small business bookkeeping services? In the end, it is ultimately a matter of competence and time.

It can be a matter of competence because if you do not have an accounting background, or do not have a controller or someone providing CFO services, this increases the probability of errors with the liability falling 100% on you. Doing your own bookkeeping makes you fully liable for everything from proper tax preparation and tax planning to payroll. While being the owner of your business means that you are ultimately responsible anyways, leveraging small business bookkeeping services shares that liability, lowers the probability of errors made, and allows you to leverage the expertise of tax and bookkeeping professionals to your advantage.

Outsourcing your bookkeeping and tax preparation also saves you your most valuable asset, your time. If there is one thing business owners never seem to have enough of, it is time. Hiring small business bookkeeping services can free up your time, allowing you to focus on growing your business, serving your customers, developing new products or services, etc.

Why Choose Eftex Tax Solutions for Your Bookkeeping Service?

If we were to answer that question in three words, we would say, honesty, competence, and customization. At Eftex Tax Solutions, we understand how challenging it can be to run your own business and we know being able to rely on accurate and reliable bookkeeping is critical to growing businesses’ success. That’s why we stake our own reputation 100% behind every aspect of our work. We secondly have gained a level of small business accounting and bookkeeping depth over the decades that our clients feel in the competence we bring to our work. We also specialize in working with small and medium businesses, and so offer customized bookkeeping packages that fit the exact needs of the business we are serving, regardless of its size.

But if you instead prefer bullets or would like to hear a little more about what makes us different from our competition:

• • • • Proven and experienced bookkeepers: Flora and our team have decades of bookkeeping experience and are well-versed in the latest bookkeeping practices and technologies.
      • Local and international experience: Flora has done bookkeeping work internationally before she moved to Katy-Fulshear and opened Eftex in 2012. Her decade of local bookkeeping experience here in Katy has only built upon her previous experiences.
      • Customized solutions: We understand that every business is unique, which is why we offer customized bookkeeping solutions tailored to your specific needs and budget.
      • Affordable pricing: We believe that bookkeeping services should be affordable for all businesses, which is why we offer competitive pricing and transparent billing.
    • Convenient location: Our office is conveniently located at La Centerra, right in the heart of Cinco Ranch and Katy, Texas. This makes it easy for local Katy businesses to drop off their financial records and meet with our team.

 

Our Bookkeeping Services

At Eftex Tax Solutions, we offer a range of bookkeeping services to meet the needs of businesses of all sizes. Here are just a few of the services we offer:

Accounts Payable Management

We can manage your accounts payable, ensuring that your bills are paid on time and that you maintain a good relationship with your vendors. Our team can handle everything from entering bills into your accounting system to issuing payments and reconciling your accounts.

Accounts Receivable Management

We can help you keep track of your accounts receivable and ensure that your customers pay their bills on time. Our team can send out invoices, record payments, and follow up with customers who are behind on their payments.

Bank Reconciliations

We can reconcile your bank accounts to ensure that your records match your bank statements. This can help you catch errors and identify any fraudulent activity.

Financial Reporting

We can provide you with regular financial reports, including profit and loss statements, balance sheets, and cash flow statements. These reports can help you make informed decisions about the future of your business.

Other Related Services

Payroll Services

We can handle your payroll processing, including calculating payroll taxes, preparing and filing payroll tax returns, and issuing W-2s and 1099s.

Tax Filing Services

We handle all aspects of tax preparation and tax filing for small businesses, including calculating and filing payroll taxes, sales taxes, and income taxes. We stay up-to-date with the latest tax laws and regulations to ensure that your business is in compliance and avoids any penalties or fines.

Next Steps

Bookkeeping is an essential part of running a successful business, and our team at Eftex Tax Solutions is here to help. Once you sign up with us, your dedicated account manager (and Flora herself) will be sure to provide customized bookkeeping solutions tailored to your specific needs and budget, something that non-professionals using over-the-counter accounting software simply cannot come close to.

Whether you need help with monthly bookkeeping, bookkeeping support, accounts payable management, accounts receivable management, bank reconciliations, financial reporting, advisory services, tax prep, payroll services, or a business filing, we at Eftex Tax Solutions are here for you and have you covered.

We believe that accurate and reliable bookkeeping should be affordable for all businesses, and our competitive pricing and transparent billing reflect that belief. As will testify, we will always be here for you.

Frequently Asked Questions

 

Why do I need bookkeeping services for my business?

Bookkeeping is essential for keeping track of your financial health and making informed decisions about the future of your business. It can help you identify opportunities for growth and make sure that you’re staying on track with your financial goals.

What’s the difference between bookkeeping and accounting?

Bookkeeping involves recording and organizing financial transactions, while accounting involves analyzing and interpreting financial data. Bookkeeping is a necessary foundation for accounting, as accurate bookkeeping records are essential for making informed accounting decisions.

How do you customize your bookkeeping solutions for each business?

We take the time to get to know each of our clients and their unique needs and budget. We then tailor our bookkeeping solutions to meet those specific needs, ensuring that our clients are getting the services they need at a price they can afford.

How do you ensure the accuracy of your bookkeeping records?

Our team of expert bookkeepers is well-versed in the latest bookkeeping practices and technologies, ensuring that your records are accurate and up-to-date. We also reconcile your accounts regularly to catch errors and identify any fraudulent activity.

How do I get started with Eftex Tax Solutions’ bookkeeping services?

Getting started is easy! Simply give us a call, email us, or set up an appointment to visit our office in La Centerra in Katy, Texas. We’ll schedule a consultation to discuss your bookkeeping needs and provide you with a customized quote.

At Eftex Tax Solutions, we’re committed to providing top-notch bookkeeping services to help businesses in Katy, Texas, succeed. Contact us today to learn more about how we can help your business grow and thrive.