CHASE & ASSOCIATES TAX SERVICE

Nationwide Web Based Online Tax Service Specializing In Individual & Corporate Taxation


Bookkeeping


WE HATE BOOKKEEPING TOO!

But it’s a necessary EVIL

Our motto is

Keep it Simple!

Do not waste your valuable time and money on QuickBooks, Quicken, etc.

Simply send us your bank downloads and let us do the work.

We have developed our own simple bookkeeping system that integrates with your bank’s online¬†banking/billpay

Fees starting as low as $300 a year.

Profit & Loss Statements can be prepared Quarterly or Annually

We recommend you follow these few simple guidelines:

Select Checking & Credit Card Accounts that Retain transactions for at least 18 months.

Select a Bank that is associated with Zelle:

 To save on bookkeeping fees, we recommend setting up separate bank & credit card accounts for business and personal.

However, if you find it easier to just use one account for business & personal that’s okay too, we can sort it out.

Pay by credit card when possible

Use your banks online Bill-pay/ Zelle to send payments.

Use Handwritten and or Printed checks ONLY if no other payment method is an option.

Bank downloads will not include payee information on handwritten or printed checks and will require extra work. Therefore, checks should only be used if no other payment option is available

We understand you may still need to write some checks, that’s okay. You can maintain a small check register, or add check images to your bank statements.

At quarter or year end, simply download and send us your bank download file in a (CSV) Comma-separated Value format for each bank and credit card you use for business. We can walk you through this or you can add us as a limited access user, and we will download the transactions for you.

We understand you may also need Invoicing and/or payroll. These can be separate standalone products and should not be a compelling reason to purchase QuickBooks or any other accounting package. In our opinion, maintaining an accurate set of books on these accounting packages requires a lot of work and expertise and is best delegated to us.