Bookkeeping & Payroll Services
Yes it is true! We only charge a flat hourly rate of $35/hr to provide any of the following bookkeeping or payroll services.
Bookkeeping
Do you have a small business and need a bookkeeper to help set up your accounts, or are you already set up but bogged down with the daily functions of keeping accurate account of all of your business transactions? Do you need someone to lift the load and manage payroll for you? Look no further. The Covenant Tax Group can handle it all. You decide if you need us to be responsible for one or all of the following daily accounting transactions and we only charge a flat hourly rate of $35/hr to do it. The best part is you can view, in real time, when we log in, what we are working on and when we log out. No over charging. No shady business.
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Setting up new business in QuickBooks online
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Accounts payable (bills and payments)
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Accounts receivables (invoices and collection)
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Daily General ledger maintenance
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Time tracking & job cost reporting
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Payroll processing
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Expense classification
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Sales commissions
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Sales and use tax filing
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Bank account reconciliation
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Credit card reconciliation
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PayPal reconciliation
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Generating and reviewing financial reports
Financial Reports
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Balance Sheet
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Profit and Loss Statement – Month
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Profit and Loss Statement – YTD
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Profit and Loss Statement by Class – Month
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Profit and Loss Statement by Class – YTD
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Cash Flow Statement
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Accounts Receivable Aging
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Accounts Payable Aging
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Prepaid Expenses by Vendor
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Accrued Expenses by Vendor
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Deferred Revenue by Customer
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Open Sales Order by Customer
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General Ledger
Payroll
Outsourcing payroll services tend to be more expensive than managing payroll in house, but it can end up being one of the most cost-effective solutions based on the amount of time you’ll save and the number of compliance issues and potential fines you can avoid. If you entrust your company's payroll to The Covenant Tax Group, we can manage one or all of the following payroll functions for you, but you still retain full control and direction over your employees. We only charge a flat hourly rate of $35/hr. The best part is you can view, in real time, when we log in, what we are working on and when we log out. No over charging. No shady business.
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Setting up new employees or contractors
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Processing paychecks,
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Payroll tax filings
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Federal tax liability
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Federal unemployment taxes
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State and local income tax
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State unemployment insurance
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Prepare W2s and 1099s