Monthly Bookkeeping Services

Have you ever wondered what services you can expect to get from your bookkeeper - At LA Bookkeeper Services, our monthly services cover the following :

Transaction Categorizations - Monthly transaction categorizations are the backbone of accurate bookkeeping, they help you track where money is coming from and where it's going, making financial reporting, tax prep, and business decisions much smoother.

Bank and Credit Card Reconciliations - Monthly bank and credit card reconciliations are essential for maintaining accurate, trustworthy financial records. Here’s why they matter so much, especially for a business like yours:

• 1. Catch Errors Early

  • Reconciliations help identify duplicate charges, missed deposits, or incorrect entries.

  • You can spot bank errors or bookkeeping mistakes before they snowball.

• 2. Detect Fraud or Unauthorized Transactions

  • Regular reviews make it easier to catch suspicious activity—like unknown charges or withdrawals.

  • This is especially important if multiple people have access to accounts.

•  3. Ensure Accurate Financial Reporting

  • Your profit and loss statements, balance sheets, and cash flow reports rely on clean data.

  • Reconciled accounts mean your numbers reflect reality—not guesswork.

• 4. Simplify Tax Preparation

  • Clean books make tax filing smoother and reduce the risk of audits.

  • You’ll have clear documentation to support deductions and expenses.

Software Management - Accounting software is evolving rapidly, especially with the rise of AI, and if you're not staying current, it's easy to fall behind and miss out on powerful new tools that could streamline your workflow and sharpen your insights. Unfortunately, mistakes can be extremely costly, and not being able to to stay up to date with your accounting software can become costly

Monthly Financial Statements - Monthly financial statements are vital for maintaining a clear, up-to-date picture of your business’s financial health. They provide insights into income, expenses, profitability, and cash flow, allowing you to make informed decisions, spot trends, and catch issues before they escalate. Regular reporting also ensures compliance, simplifies tax preparation, and builds trust with stakeholders by demonstrating transparency and accountability. For growing businesses, especially service-based ones, monthly statements are the compass that keeps operations aligned with strategic goals.

Monthly Close Process - The monthly close process in bookkeeping is a structured routine that ensures all financial activity for the month is accurately recorded, reconciled, and reported. It typically begins with gathering all financial documents—bank statements, credit card statements, receipts, invoices, and payroll records. Next, transactions are reviewed and categorized, followed by reconciling bank and credit card accounts to confirm that the books match actual account activity. Adjusting journal entries are made for accruals, depreciation, or corrections. Once everything is verified, financial statements like the profit and loss report, balance sheet, and cash flow statement are generated. The final step is reviewing these reports for accuracy and sharing them with stakeholders or clients. A consistent monthly close builds trust, supports decision-making, and keeps your business audit-ready.