We are a team of experienced bookkeepers working with small business owners in Greater Houston. We have worked with hundreds of small businesses in areas of cash flow management, strategic planning, budgeting, payroll, and bookkeeping.
Our bookkeepers hold a Bachelors of Business Administration with concentrations in Finance and Accounting. We are also one of the few bookkeeping firms in Houston that have Certified Bookkeepers and Certified QuickBooks ProAdvisors.
What makes our firm unique is our ability to provide one-on-one level of quality service with each individual business owners. We not only make sure that your books are balanced and accurate, but also something you can understand and use to help your business grow.
What is Bookkeeping
What is Financial Accounting
Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business. Transactions include purchases, sales, receipts and payments by an individual person or an organization/corporation. There are several standard methods of bookkeeping, including the single-entry and double-entry bookkeeping systems. While these may be viewed as "real" bookkeeping, any process for recording financial transactions is a bookkeeping process.
Bookkeeping is the work of a bookkeeper (or book-keeper), who records the day-to-day financial transactions of a business. They usually write the daybooks (which contain records of sales, purchases, receipts, and payments), and document each financial transaction, whether cash or credit, into the correct daybook—that is, petty cash book, suppliers ledger, customer ledger, etc.—and the general ledger. Thereafter, an accountant can create financial reports from the information recorded by the bookkeeper.
Bookkeeping refers mainly to the record-keeping aspects of financial accounting, and involves preparing source documents for all transactions, operations, and other events of a business. Bookkeeping - Wikipedia
Financial accounting is the field of accounting concerned with the currency, analysis and reporting of financial transactions related to a business. This involves the preparation of financial statements available for public use. Stockholders, suppliers, banks, employees, government agencies, business owners, and other stakeholders are examples of people interested in receiving such information for decision making purposes.
Financial accountancy is governed by both local and international accounting standards. Generally Accepted Accounting Principles (GAAP) is the standard framework of guidelines for financial accounting used in any given jurisdiction. It includes the standards, conventions and rules that accountants follow in recording and summarizing and in the preparation of financial statements. From Wikipedia