FAQ’s on Bookkeeping and Accounting Services

Here are some questions related to construction accounting that are frequently asked by our clients. If you need more information about construction accounting or have any other question, feel free to contact us.

Bookkeeping gives you a crystal clear picture of where your money is coming (and going.) when your books are up-to-date, you get an accurate measure of your business's health, and can make smarter financial decisions.

Having accurate books pays off at tax time, too. When your bookkeeping is up-to-date, you avoid scrambling to get caught up before the tax deadline, or missing out on any deductions.

Your bookkeeper reconciles your accounts, categorizes your transactions, and produces your financial statements. They also make adjustments to your books to ensure they’re tax-compliant.

Once we receive all of your documents, we’ll complete your bookkeeping for the month within 15 business days. This gives us enough time to make any necessary adjustments before the end of the month.

Bookkeeping is the process of recording daily transactions in a consistent way, and is a key component to building a financially successful business. Bookkeepers take care of the day-to-day financials, like posting credits and debits, maintaining the general ledger, and completing payroll.

Accounting is a high-level process that uses financial information compiled by a bookkeeper or business owner, and produces financial models using that information.

Most businesses can outsource their accounting and bookkeeping services. Small to Medium size organizations will benefit from outsourcing their non-value added activities; this will lead to significant reduction in operation costs. We know that each business is different so we make sure that we first understand their process and then provide them with a streamlined process that is unique to their business.

Calman Analytics is a firm believer that timely and clear communication with our clients is important. We have established a process whereby our clients will have access to their bookkeeper(s) 24 hours a day via Skype, Email, Telephone, etc.,

No. Calman Analytics will use your current system that you have in place or we can provide you with an up to date accounting system that will meet your needs. The decision is completely yours.

At Calman Analytics we specialize in various accounting software’s depending upon our client needs. We are certified partner of many accounting software vendors such as QuickBooks®, Sage®, Xero®, Freshbooks®, Peachtree®, and Wave®.

No. As a business owner you don’t have to worry about incurring any setup costs. We will make sure that your accounting software is set up before our bookkeepers start working on your files.

All your financial data is safe with us and is treated with utmost confidentiality. As accounting and bookkeeping service providers we can also create folders with limited access and defined permissions that shall allow only authorized personnel to access such sensitive information such as payroll records.

Maintaining confidentiality of client information is our top priority. All applications and client data is hosted on cloud servers that comply with the highest standards in data security.

We at Calman Analytics have the expertise to manage all your accounting and bookkeeping needs. It's up to you to decide whether you want us to manage your accounts in part or fully depending upon your requirement.

We have extensive experience and expertise with various industries and have helped them develop specific processes for their services. Some of the industries we work with are:

  • Financial Services
  • Hotel/Hospitality
  • Not for Profit and Charity
  • Professional Services
  • Restaurants
  • Real Estate and Construction
  • Retail and Service Businesses
  • Technology

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