Our Services
Maximize your profitability and financial clarity with expert bookkeeping and payroll services.
Connect with Magnify Bookkeeping LLC
MAGNIFY Bookkeeping and Advisory Services is more than just a virtual bookkeeping service – we are your dedicated partners in achieving financial clarity and sustainable business growth. We believe that by truly understanding your unique business, diving deep into your financial data, and providing actionable insights, you can make confident decisions and realize maximum profitability.
Bookkeeping & Reporting:
We go beyond simply recording transactions. We meticulously monitor your business’s financial health and performance, providing you with clear, insightful, and timely reports that paint a complete picture of your financial standing. Our expertise extends to proactively identifying potential risks and uncovering hidden opportunities for growth. We also develop accurate and strategic forecasts and budgets to guide your future planning and ensure the accuracy of your financial records through diligent bank and credit card reconciliation.
As an outsourced bookkeeping solution for small businesses, we take the bookkeeping function completely off an owner’s plate. That process starts with a foundation of sound financials. It is essential that bookkeeping is performed accurately and in a timely manner as it is the driver for actionable financial information. Errors in the books can be very costly, from poor decision making based on faulty data to overpaying taxes. Therein lies the benefit of having an experienced professional handle your bookkeeping and payroll.
QuickBooks Online is our accounting platform of choice as it is the clear-cut industry leader and is robust enough to handle 100% of the accounting needs of virtually all small businesses. It allows for integration with a multitude of apps (e.g., time tracking, expense reporting, online bill pay, etc.) that provide for a more efficient accounting system, which increases accuracy and saves a tremendous amount of time and money. Gary is an advanced certified QuickBooks ProAdvisor.
Our virtual bookkeeping services include:
- Capturing and properly coding all bank and credit card transactions
- Bank and credit card reconciliation
- Accounts receivable
- Accounts payable
- Job costing
- Fixed asset management
- Sales tax accounting and filing
- Financial reporting
- Management reporting
Payroll & Tax Filings:
We understand that managing payroll and monthly/quarterly tax filings can be time consuming and complex. We streamline your payroll processes, ensuring accuracy and compliance, and handle your tax filings efficiently and effectively, allowing you to redirect your focus and energy back to your core business activities with complete peace of mind.
Our payroll and tax filing services include:
- Payroll processing
- Monthly/quarterly tax filing and reporting (Fed and state)
- 1099 filings
Business Advisory Services:
Leveraging our in-depth understanding of your financials, we act as strategic advisors to help you reach your business objectives.
Our advisory services include:
- Developing data-driven pricing strategies to optimize revenue
- Implementing process improvements to enhance efficiency and reduce costs
- Crafting impactful marketing and competitive strategies to help you stand out in the marketplace and achieve sustainable growth.
- Developing a strategic budget
Phone
908-291-8991