Frequently Asked Questions
Check out the most frequently asked questions here:
NetProfit Advisers understands the entrepreneurial mindset and the rewards and labilities of owning a small business. We pride ourselves in being able to communicate to the small business owner the truth of their financial status, giving them the tools to more efficiently run their business.
We have over 30 years in the construction industry and can provide consulting tailored to your needs, from electricians, plumbers, painters, and more. Schedule a free consultation to see if we are a fit for your business.
Bookkeeping records daily transactions consistently and is crucial 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 economic models.
Bookkeeping gives you a crystal-clear picture of your cash flow. Accurate books help you measure your business’s health and make wise financial decisions. Having good books pays off at tax time, too. When your bookkeeping is up to date, you avoid the mad rush at the end of the year for tax purposes. It gives you the ability to take advantage of every deduction.
Your bookkeeper reconciles your accounts, categorizes your transactions, and produces your financial statements. They adjust your books to ensure they’re tax compliant.
Occasionally, your bookkeeper might need your input on things like categorizing a transaction correctly, but we try our best to make bookkeeping as hands-off as possible.
At this time we do not offer this service. We highly recommend reaching out to J.W. Hopp & Associates to prepare your taxes.
Yes. At NetProfit Advisers, Inc., we assist in all areas of payroll and simplify the process for you.
Visit our service page for details on what we offer.
During your free consultation, we’ll walk you through the services included in each package to determine which is the best fit for your business.
We work with both QuickBooks Online and Xero. QuickBooks Online and Xero are equipped with key features to simplify and manage your bookkeeping and grow your business, including live in the cloud. Giving you the data, you need to run your business and stay ahead of the curve and tax plan as needed.