Bookkeeping Services to Fit Your Business, Size, and Industry

Our passion lies in promoting education, adopting a holistic approach, and embodying a giving mindset. This empowers business owners to enhance their weaknesses effectively.

bookkeeping image large

Bookkeeping for Businesses and Entities

Today’s competitive business environment demands more than just a keen strategic mind

It requires a clear, organized, and timely view of your financial landscape. A solid bookkeeping system, whether you are a sole proprietorship, partnership, or a corporation, isn’t a luxury – it’s a necessity.

Vantage Point Books, Inc. is at the forefront of delivering premium bookkeeping services for businesses and entities of all sizes. As proud QuickBooks ProAdvisors using the Enterprise Edition, we are equipped with both the technology and expertise to manage complex business financials. For entities keen on grasping every detail, we offer insights and education, ensuring you are always in the know about your financial standing.

For those businesses that prefer to focus on core operations while we handle the financial intricacies, rest easy. Our commitment is unwavering, and our goal is singular: to manage your books with precision, ensuring your business is always poised for growth and successful decision-making.

Our services include:

  • Balance Sheet
  • Profit and Loss Statement
  • Fixed Asset Reporting
  • AMC Transaction Report
  • Transaction Detail Report
  • Tax Preparation File
  • Source Documents in PDF
  • Canopy Portal Access
  • Sales and Use Tax Reporting
  • Form 571 Business Property Tax Filings
  • Vendor Bill Payment
  • W9 and 1099 Management

The Power of Pristine Financial Statements

On the dance floor of business operations, financial statements serve as the rhythm and pace

Clean, precise, and well-maintained financial statements are more than just a reflection of your business’s health; they are a foundational tool for strategic planning, decision-making, and future growth.

At Vantage Point Books, Inc., we understand the symbiotic relationship between bookkeeping and taxation. It is an often overlooked truth that tax savings for businesses begin at the foundational level – with meticulous bookkeeping. A well-maintained ledger can unveil opportunities for tax credits, deductions, and incentives. Conversely, disorganized books can lead to overlooked tax advantages or worse, costly errors.

This is where our team shines. Unlike many bookkeeping services, our bookkeepers don’t operate in isolation. With taxation expertise at their fingertips, they ensure that every financial record is not just accurate, but also optimized for taxation. They deliver a product designed with a tax-centric focus – a unique offering that most bookkeepers, lacking in-depth tax knowledge, simply cannot provide.

This is where our team shines. Unlike many bookkeeping services, our bookkeepers don’t operate in isolation. With taxation expertise at their fingertips, they ensure that every financial record is not just accurate, but also optimized for taxation. They deliver a product designed with a tax-centric focus – a unique offering that most bookkeepers, lacking in-depth tax knowledge, simply cannot provide.

When you collaborate with Vantage Point Business Services Corp, you are drawing upon the combined strengths of two specialized service divisions. Vantage Point Books, Inc. delivers meticulous bookkeeping services, ensuring every financial record is accurate and optimized. Meanwhile Vantage Point Tax, Inc. brings its deep taxation expertise to the table, identifying avenues for tax benefits and savings. These two divisions seamlessly work in tandem, ensuring that your financial statements aren’t just impeccable but are also geared for the best possible tax outcomes. Trust in the synergy of our two dedicated service divisions to drive your business forward with clarity and efficiency.

group young business people discussing business plan modern startup office building

Secure Your Time Slot

With pleasure, we will address any inquiries you may have. We have solutions for all your questions.

Frequently Asked Questions

Frame (4)
General FAQs
What is bookkeeping?

Bookkeeping is the systematic recording and organizing of financial transactions in a company. It involves tracking all purchases, sales, and financial exchanges and maintaining accurate and up-to-date records, which are essential for preparing financial statements.

What are financial statements?
Financial statements are formal records that outline the financial activities and position of a business, organization, or individual. The primary financial statements used most frequently include the income statement, balance sheet, and cash flow statement. They provide a summary of how a business is performing financially, offering insights into its income, expenses, assets, liabilities, and cash flow.
What is the difference between accounting and bookkeeping?
Bookkeeping involves recording daily financial transactions systematically, while accounting is the process of summarizing, interpreting, and communicating financial information. Bookkeeping is the initial step, focusing on accurate and organized record-keeping. Accounting provides insights, analysis, and reports based on those records to help in decision-making and compliance with financial reporting standards.
Does VPBS provide both bookkeeping and accounting?
Yes. Although many business owners utilize bookkeeping over the accounting, we are here to provide the insights to your business through consultations as needed.
Where are your bookkeepers located?
All of our bookkeepers are located within the continental United States. We do not do any outsourcing to foreign countries.
Do you require a contract for bookkeeping services?
All of our bookkeeping work is performed under an engagement. The engagement spells out the tasks and the work product. Our bookkeeping is performed in multiple layers of service that require us to be engaged throughout the month – not just when we are entering your transactions. For this reason, we do have a 30-day cancellation notice required.
What is your bookkeeping process like?
  1. Obtaining client information – downloading bank statements, loans, payroll information, credit card transactions, sales reports, etc. and uploading them into the client portal.
  2. Data entry – every transaction is keyed in to your books. We do not upload transaction or import from bank feeds. These processes muddy-up your files and require more time to fix later.
  3. Review – all data is then reviewed to ensure proper entry.
  4. Financial statement preparation and distribution – financial statements are uploaded in the client portal and maintained for client access.
What information is stored in my client portal?
The client portal is where all of your information is stored. The information is stored in folders by year. Within each year are twelve monthly folders representing the twelve months of the year. Everything we prepare and all documents used to prepare them are stored in their respective monthly folders.
Do you charge extra for the client portal?
No. The client portal is included in all of our bookkeeping plans.
Do you bill based on hours or do you have flat-fee billing?
As a business owner, we know that cost is a factor. And, no one likes to be surprised by a big billing. For this reason, we engage our clients on a flat-fee billing structure through one of our designated bookkeeping plans. These plans work well for most businesses, and can be updated for al-a-carte services as needed. For new clean-up projects, an hourly billing is required until the catch-up month is reached. From there, the flat-fee billing is engaged.
How do I pay my bill?
All of our billings are paid automatically through ACH draft as outlined in the engagement. An invoice is provided via email for your records.
What do I need to bring to my entity tax return appointment?
All business returns require a Balance Sheet and Profit and Loss statement.  Additionally, a list of all assets acquired, disposed of, or sold including the dates and amounts for each transaction. A list of all state tax payments and the reason for each state tax payments.  For C corporations, include also any federal state tax payments made.  If you need a good bookkeeping service, contact our Vantage Point Books Inc division at BOOKS@VP.com
Can I file an extension if I do not have my books and records ready?
Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
My business had no income for the year.  Do I still need to file a tax return?
Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
How long should I keep my business tax returns?
Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
What receipts do I need to keep for my business?
Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
Can you file an extension for a business return?
Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
When is my tax return due?
Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
What do I need to bring to my entity tax return appointment?
All business returns require a Balance Sheet and Profit and Loss statement.  Additionally, a list of all assets acquired, disposed of, or sold including the dates and amounts for each transaction. A list of all state tax payments and the reason for each state tax payments.  For C corporations, include also any federal state tax payments made.  If you need a good bookkeeping service, contact our Vantage Point Books Inc division at BOOKS@VP.com
Can I file an extension if I do not have my books and records ready?
Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
My business had no income for the year.  Do I still need to file a tax return?
Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
How long should I keep my business tax returns?
Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
What receipts do I need to keep for my business?
Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
Can you file an extension for a business return?
Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
When is my tax return due?
Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

Partners

image 12
image 7 (1)
image 8
image 9
image 10
image 11
SHRM logo
American payroll logo

Please Contact Our Friendly Team

Can’t find the answer you’re looking for? Please chat to our friendly team.

Our Services

Group 1000002426
Income Tax

Vantage Point Tax Inc is a leader in individual and business income tax return preparation. Serving clients throughout California and in 15 states, we offer a comprehensive solution.

Read More
Group 1000002426 (1)
Bookkeeping

Vantage Point HR strives to ensure business owners and HR professionals are equipped and in the know for all of the oddities that employment law may toss their way.

Read More
Group 1000002426 (3)
Human Resources

Vantage Point HR strives business owners and HR professionals are equipped and in the know for all of the oddities that employment law may toss their way.

Read More
Group 1000002426 (2)
Payroll

At Vantage Point Payroll Inc, we service clients from the startup, single member to the franchise with 1000 employees providing California-compliant payroll at each level.

Read More