FREQUENTLY ASKED QUESTIONS
Can NCCPB complete my annual tax return?
North Coast Consulting and Personal Bookkeeping does not do tax preparation, but numerous exceptional CPA firm recommendations are available by request. Please note that the tracking at NCCPB will always be adhere to the standards of the CPA you choose. Throughout the year, your books will be kept up to date and ready to be shared with your tax preparer on demand and at tax time.
Do I need a bookkeeper if I have an accountant?
Bookkeepers and accountants perform distinctly different tasks for the families they serve. Bookkeepers are responsible for on-going maintenance of their clients’ general ledgers. A bookkeeper’s common responsibilities include:
Compiling data on a daily basis
Categorizing expenses in the general ledger
Reviewing the general ledger for accuracy
Reconciling bank statements against the general ledger
Generating financial statements
Accountants use the accurate and up-to-date general ledger maintained by the bookkeeper to provide advisory services, such as:
Analyzing financial data
Preparing income tax returns
Providing tax planning advice
What other financial services are provided by NCCPB?
North Coast Consulting and Personal Bookkeeping provides the following services:
Quickbooks Online initial setup and training as a one-time service
Quickbooks Online setup and maintenance
Monthly bank and credit card reconciliation
Monthly financial statements and customized reports
Expense categorization and tracking
Annual tax organization for accountant
End of year summaries
Bill Payment
Payroll Assistance for Household Employees
Budgeting
Coordination and Partnership with a Family’s Trusted Advisors (Wealth Managers, Attorneys, Insurance Brokers, CPAs)
Itemized revenue and expenses by category
Trend tracking
How much does NCCPB cost?
After consultation and thorough review, fees will be determined and mutually agreed upon based on the needs of the client. Fees typically run between $60/hour and $120/hour depending on the size and scope of the engagement, but flat quarterly retainers can be negotiated for ongoing services.
Do I need to be local or in the Southern California area?
The simple answer - absolutely not. Quickbooks online, virtual meetings, and cloud technology make it easy to securely access client books anytime, anywhere. You should never need to hire a local, community bookkeeper simply by default.
Do I need to do anything to prepare prior to hiring NCCPB?
Set up and clean up will be part of the work estimate, should you need it. The cloud accounting solution that best fits your needs will be determined at our consultation and you can choose to have as little or as much involvement in the process as you would like.
What accounting software do you support?
North Coast Consulting and Personal Bookkeeping uses QuickBooks Online or Quicken Simplifi accounting software to support most client engagements.
