Bookkeeping

Simplify Your Finances with Professional Bookkeeping Services

Expert Bookkeeping Services | ClearPath Accounting

Keeping track of your business finances can be overwhelming, but with ClearPath Accounting, it doesn’t have to be. Our expert bookkeeping services ensure that your financial records are accurate, up-to-date, and fully compliant with accounting standards.

From managing bank feeds to handling invoices, payments, and accounts payable, we take the stress out of bookkeeping so you can focus on growing your business. Whether you’re a small business or a growing enterprise, our tailored bookkeeping solutions will help you maintain financial clarity and make informed decisions.

Why Choose Us

Why Choose ClearPath Accounting for Your Bookkeeping?

We understand that every business has unique financial needs. That’s why we offer custom bookkeeping solutions that help you stay on top of your finances.

Accuracy &
Compliance

Our experts ensure that every transaction is properly recorded and compliant with accounting standards.

Time-Saving
Solutions

We handle your books so you can focus on running your business.

Technology-Driven

We use top accounting software to automate and streamline bookkeeping tasks.

Custom
Bookkeeping Plans

We tailor our services to fit your specific business needs.

Professional Bookkeeping Packages

Bookkeeping Packages & Pricing

Bookkeeping Cleanup

Call or email for pricing.

Meticulous Historical Record Reconstruction
Reconcile all accounts
Accounts Payable
Accounts Receivable
Bank Accounts
Credit Cards
Perform audit of existing bookkeeping records, address past errors
Capture historical receipts and payments
Catch-up/resolve Sales Tax or Payroll Tax issues

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Premier

$500/mo

Bookkeeping
Reconciliation
Tax-Ready Financials
Monthly Management Reports
Dedicated Account Manager
Email Support

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Elite

$725/mo

Everything in Exclusive
Payroll
Quarterly Payroll Tax Filing
Direct Deposit, W2's and 1099s
Monthly 1 Hour Review of Financials
12 Month Cash Flow Projection (provided quarterly)
Quarterly Financial Review (45 minutes)

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Exclusive

$1,350/mo

Everything in Elite
Monthly 2-Hour Review of Financials
W-9 Collections
Financial Insights Analysis
12 Month Cash Flow Projection (provided quarterly)
Quarterly Forecasting
Annual Budgeting
Quarterly KPIs / Insights Review

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Our Bookkeeping Services

Bank Feeds & Transaction Processing

Keeping your financial records accurate starts with processing transactions correctly. We manage your bank feeds, categorize transactions, and ensure every dollar is accounted for. With automated transaction matching and reconciliation, you’ll always have a clear picture of your cash flow.

Key Benefits:

Automated bank feeds for real-time accuracy
Reduce manual data entry errors
Ensure every transaction is properly categorized

Our Bookkeeping Services

Accounts Receivable & Invoicing

Tired of chasing down payments? We manage your accounts receivable, ensuring that invoices are created, sent on time, and tracked efficiently. Get paid faster and keep your cash flow running smoothly.

Our Services Include:

Creating and sending professional invoices
Tracking outstanding payments
Reducing late payments and improving cash flow

Our Bookkeeping Services

Payment Processing & Undeposited Funds Management

Managing payments and undeposited funds is crucial for maintaining accurate financial records. We handle incoming payments, ensuring they are recorded correctly, eliminating discrepancies, and preventing financial confusion.

We Help You:

Track all received payments with accuracy
Properly manage undeposited funds
Reconcile transactions seamlessly

Our Bookkeeping Services

Bank Deposits & Reconciliation

Accurate bank reconciliation helps prevent discrepancies in your financial statements. We ensure all bank deposits are recorded correctly, and your books match your actual bank statements.

What We Do:

Record deposits accurately in your accounting system
Match transactions to your bank records
Identify and resolve any inconsistencies

Our Bookkeeping Services

Accounts Payable: Bill Entry & Payments

Managing accounts payable effectively ensures your bills are paid on time and your vendors are happy. We take care of bill entry, tracking, and payments, so you never miss a due date.

Our Process:

Enter and track vendor bills efficiently
Set up payment schedules for on-time payments
Avoid late fees and maintain strong vendor relationships

FAQS

Frequently Asked Questions

How do bank feeds improve bookkeeping accuracy?

Bank feeds automatically import and categorize transactions from your business bank account into your bookkeeping software, significantly reducing manual data entry errors. By syncing financial data in real time, bank feeds ensure that your records are always up to date, making it easier to track income, expenses, and cash flow. Additionally, automated bank feeds help detect duplicate transactions or discrepancies early, reducing the risk of financial reporting errors and streamlining reconciliation processes.

Why is transaction categorization important for my business?

Proper transaction categorization is essential for maintaining accurate financial records, making tax preparation easier, and providing a clear picture of your business’s financial health. When expenses and income are correctly categorized, you can generate reliable financial statements, identify deductible expenses for tax savings, and make informed budgeting decisions. Misclassified transactions can distort profit margins, misrepresent cash flow, and create unnecessary complications during audits or tax filings, making expert bookkeeping essential.

How can outsourced bookkeeping improve my invoicing process?

A professional bookkeeping service ensures that your invoicing process is timely, accurate, and efficient, helping you get paid faster. Bookkeepers can generate and send invoices promptly, track outstanding payments, and set up automated reminders for overdue invoices. This proactive approach minimizes cash flow disruptions and reduces the risk of unpaid invoices. Additionally, they can integrate invoicing software with your bookkeeping system, making it easier to monitor payments, identify recurring clients, and streamline financial reporting.

What’s the best way to track overdue invoices?

The best way to track overdue invoices is by using bookkeeping software that provides real-time aging reports and automated follow-ups. An experienced bookkeeper will regularly review your accounts receivable, identify unpaid invoices, and send reminders to clients to ensure timely payment. Implementing a structured follow-up process, offering multiple payment options, and setting clear payment terms upfront can also help reduce overdue balances. A well-managed invoicing system keeps your business financially stable and minimizes the risk of cash flow shortages.

How does bookkeeping help with payment processing?

Bookkeeping services ensure that all incoming payments are accurately recorded, matched to invoices, and properly classified in your financial records. A bookkeeper monitors different payment methods, such as credit cards, bank transfers, and checks, ensuring each transaction is documented correctly. They also help prevent payment discrepancies, such as duplicate charges or unaccounted funds, by reconciling payments with bank deposits. By streamlining the payment process, bookkeeping helps maintain a steady cash flow, prevents financial mismanagement, and improves customer payment tracking.

What are undeposited funds, and why do they matter in bookkeeping?

Undeposited funds refer to payments that have been received but not yet deposited into a business bank account. These payments may include checks, cash, or electronic transactions waiting to be processed. If not managed correctly, undeposited funds can create discrepancies in financial reports, making it appear as if payments are missing or inflating revenue inaccurately. A bookkeeper ensures that undeposited funds are properly recorded and matched to corresponding invoices, preventing accounting errors and keeping financial statements accurate.

Why is bank reconciliation essential for my business?

Bank reconciliation is a critical bookkeeping task that ensures your financial records align with actual bank transactions, helping prevent errors, fraud, and cash flow issues. By reconciling bank statements regularly, businesses can identify unauthorized transactions, missing deposits, or bank fees that may otherwise go unnoticed. Reconciling your books also ensures that your business is tax-ready, as errors in financial records can lead to incorrect tax filings and potential penalties. Maintaining accurate reconciliations helps businesses stay financially transparent and prepared for audits or financial planning.

How often should I reconcile my bank statements?

Ideally, bank reconciliation should be performed at least once a month to ensure financial records remain accurate and up to date. However, businesses with a high volume of transactions may benefit from weekly reconciliations to catch errors early and maintain a clear financial picture. Regular reconciliation helps detect fraudulent activity, prevents overdrafts, and ensures that all income and expenses are correctly recorded. By staying on top of bank reconciliations, businesses can avoid costly mistakes and make more informed financial decisions.

How can bookkeeping help manage accounts payable efficiently?

Bookkeeping services play a crucial role in managing accounts payable by tracking all incoming bills, scheduling timely payments, and ensuring suppliers and vendors are paid correctly. A bookkeeper can set up automated payment reminders, categorize expenses, and maintain organized records to prevent missed or duplicate payments. By keeping accounts payable under control, businesses can avoid late fees, take advantage of early payment discounts, and maintain strong relationships with vendors. Proper accounts payable management also improves cash flow forecasting and budgeting.

What’s the best way to stay on top of business expenses?

The best way to manage business expenses effectively is to use bookkeeping software that automates expense tracking, categorization, and reporting. A professional bookkeeper helps monitor spending patterns, ensure receipts are properly recorded, and reconcile expenses against bank statements to prevent financial discrepancies. Implementing a clear expense policy, reviewing financial reports regularly, and using digital tools for real-time expense tracking can help businesses stay organized and financially healthy. By keeping a close eye on expenses, businesses can improve budgeting, reduce unnecessary costs, and maximize profitability.

Expert Guidance for Long Term Business Success

Expert Bookkeeping Services | ClearPath Accounting