FAQ
Do you need help understanding your financials?
We will work together to ensure that you fully understand what the financial statements are saying about your company’s financial health. Interested in streamlining internal processes regarding your company’s financial management? We’re here for you!
Have other questions or concerns? We provide monthly or quarterly review meetings, unlimited email support and are Certified ProAdvisors for Quickbooks Online.
Why outsource instead of doing it myself?
You have been educated and trained in your particular field, the same is true for us. Working with Wells Virtual bookkeeping allows you more time and energy to focus on growing your business and personal life.
What bookkeeping software do you recommend?
Sharon is the Certified ProAdvisor for QuickBooks Online (QBO). Whether you already have an account set up or not, we can make that happen in, make the transition seamless.
What can I learn from financial statements?
We prepare and analyze the income statement and balance sheet. Analyzing these statements together provides a “full image” of your finances. We can also provide custom financial statements and analytics that details specific aspects or KPIs, of your business, that you'd like to keep a close eye on.
What does “read between the numbers” mean?
While no amount of numbers are helpful unless you understand what they're saying. Analyzing the financial health of your business goes beyond net income, period. We will help you understand your company's finances so you can make informed decisions that benefit the long term growth of your business.
What is the difference between a bookkeeper and accountant?
Both are essential functions of running a business and staying tax-compliant. In summary, a bookkeeper records and reconciles transactions, then provides financial guidance to better understand the numbers. An accountant then uses this information to ensure your company is tax compliant and files tax returns,