Bookkeeping

The difference between the two is simply a reasonable judgement call on frequency and depth of work. Both entail the same types of work of data input, accuracy and professional judgement.

If you need help on the bank reconciliation 8 of 12 months in the year, that is specific bookkeeping.

If you drop off a box of receipts and tell Frosty Squirrel to get to work, that is general bookkeeping.

Frosty Squirrel prefers to take an automation approach when it comes to bookkeeping as this reduces the time spent and errors made on the data input.

Bookkeeping

Simply put, if you need to put all those numbers into software to create financial information we can do it.

Bookkeeping is mainly data entry into the accounting system, ensuring accuracy and proper categorization. Clearing accounts, bank reconciliations and basic reporting can be considered bookkeeping in most situations as well.

If you don’t have accounting software currently or feel you need a change, we can assist with choosing the best one for your situation. And if needed assistance in a transition to new software that better fits the needs of your company.

Accounting Automation

We can review repetitive bookkeeping processes and identify opportunities to automate data entry, approvals, reconciliations, and reporting.