The Importance Of Financial Management
At Doherty & Associates, we know that accurate and timely bookkeeping is the foundation of every successful business. That’s why our professional team is dedicated to delivering exceptional bookkeeping services tailored to your unique needs.
What We Offer
- Experienced Professionals: Our skilled staff brings expertise and attention to detail to ensure your financial records are accurate, compliant, and up to date.
- Efficient Technological Solutions: We leverage cutting-edge bookkeeping software and tools to streamline processes, reduce errors, and save you time.
- Real-Time Data Access: Stay in control with 24/7 access to your financial data, empowering you to make informed decisions whenever you need to.
- Timeliness You Can Count On: From routine reports to critical deadlines, we pride ourselves on delivering your financial data on time, every time.
Whether you’re a small business owner or managing a growing enterprise, our services free you to focus on what you do best while we handle the numbers. Let us help you stay organized, compliant, and ahead of the game. Contact us today to learn how our bookkeeping services can elevate your business.
What’s The Difference Between Bookkeeping And Accounting?
- Bookkeeping involves the daily recording of financial transactions, such as sales, purchases, receipts, and payments.
- Accounting goes a step further by interpreting, analyzing, and summarizing financial data to create reports and guide decision-making.
- Bookkeepers ensure that all financial data is accurate and organized, while accountants use that data for tax planning, financial forecasting, and compliance.
- In short, bookkeeping is about recording, and accounting is about understanding and using the records.
Simplify Your Finances With Virtual Bookkeeping Services
Although bookkeeping for businesses is a crucial component of finances, most business owners find it difficult and time-consuming to handle alone. For businesses in Philadelphia, virtual bookkeeping is an easy solution. Online bookkeeping is one of the many small business bookkeeping services offered by Doherty & Associates, allowing you to collaborate with a professional from the convenience of your office.
We serve companies all over the city and are only a short drive from Philadelphia. We are aware of the influence your company has on the close-knit communities in the area. Let us do the heavy lifting of your monthly bookkeeping duties so you can continue to concentrate on your clients and customers.
Supporting Sustainable Business Growth Every Step Of The Way
Throughout the years, our professionals have worked with businesses of all sizes. Our wide range of services and expertise helps secure the future growth for many businesses across the globe. These services include:
- Daily invoice processing
- Payments to vendors with cost accounting applied
- Electronic ACH payments throughout the USA
- Work-In-Process Reporting
- Electronic Pay Stubs
- Direct Deposit
- Processing quarterly & yearly payroll tax returns, including W-2′s and 1099′s
- Reconciliation of Bank Accounts
- Direct ACH, EFT Deposits
- Courier Services
- Daily Bank Balance Reporting
- Cash Flow Projection Reporting
- Specialty Invoice Billing
- ACH and Wire Receipts
- Collections
- Customer Reporting Status
Our Bookkeeping Services
Doherty & Associates provides monthly accounting and bookkeeping services that include detailed profit and loss statements, balance sheets, and much more. These easy-to-read reports give your business clear insights to make smarter, more strategic decisions with confidence. Whether you are searching for accounting and bookkeeping in Wilmington or need support virtually, our team ensures accurate monthly tracking of your financial health.
Our firm offers complete payroll services tailored to your business. Doherty & Associates’s payroll services simplify this essential function, ensuring that your employees are paid accurately and on time, every time. From calculating wages and withholding taxes to submitting payroll filings and preparing year-end forms, Doherty & Associates ensures accuracy, compliance, and timeliness.
With our bank account reconciliation service for businesses, your accounts are carefully reconciled each month. We match every transaction to your bank statement, keeping your records correct, secure, and audit-ready—so you can focus on growing your company.
Our team reviews and organizes your expenses with precision. This makes reports more insightful, helping with small business bookkeeping needs by identifying patterns, savings, and efficiency opportunities.
For business owners seeking tax-ready books, we combine bookkeeping services with professional return preparation. Our experts ensure compliance while working to maximize deductions and minimize tax liability, making filing season stress-free.
Accurate records are the foundation of sound decision-making. That’s why Doherty & Associates keeps your books current every month through our monthly bookkeeping services. No matter your business size, our team ensures you always have reliable, up-to-date financial data.
Proactive tax planning services from Doherty & Associates help you anticipate and budget for tax obligations, keeping your cash flow stable and your business compliant year-round.
Doherty & Associates offers part-time controller services, delivering expert financial leadership, budgeting, and forecasting tailored for businesses that want strategic oversight without a full-time commitment.
Clients of Doherty & Associates enjoy unlimited phone and email access to our expert staff, ensuring quick, personalized guidance whenever you need answers or support for your financial questions.
Accurate & Remote Bookkeeping
You will gain from professional financial assistance whether you are beginning your accounts from scratch or are having trouble understanding software such as QuickBooks. By using virtual bookkeeping, you can entrust your finances to professionals who will make sure they are managed appropriately and in compliance with applicable laws. Monthly bookkeeping duties for your company can take anywhere from 15 to 25 hours. You could use that time to impress clients, cultivate relationships with them, or even train staff.
Accuracy is the most crucial component of small business bookkeeping, and our skilled staff puts in endless effort to guarantee it. The following can be covered by your virtual bookkeeping services:
- Payables
- Receivables
- Maintenance of ledgers
- Statements of profit and loss
- Monthly and yearly bookkeeping audits as needed
- Getting ready for audits
Additionally, Doherty & Associates offers comprehensive financial consulting for businesses of all kinds. For assistance with business planning, growth strategies, or even business sale, rely on an experienced professional. Partnering with our team will enable you to take advantage of the extensive financial knowledge that is necessary for all of these facets of business life and more.
Services we offer:
- Small Business bookkeeping services
- Monthly bookkeeping for businesses of all sizes
- Remote financial support, including online bookkeeping services
- Services for Chief Financial Officers (CFOs)
- Tax preparation services tailored to a particular government
- IRS assistance
Can’t find what your company needs here? Ask our staff about any facet of small business bookkeeping or financial services for larger businesses, and we’re sure we’ll have the skills and expertise to handle even the most challenging circumstances.
How Do Bookkeeping Services Impact A Business?
Your accounts can rapidly become chaotic if you don’t have professional help with your monthly bookkeeping duties. Software for online bookkeeping can be helpful. However, it can be challenging to use properly without the proper guidance. The professional eye of a qualified accountant or other financial specialist is included in full online bookkeeping services to guarantee that amounts are entered accurately and that there are no inconsistencies.
We think that timely and accurate bookkeeping is the cornerstone of a prosperous company. A single inaccurate financial record could lead to serious issues for your company. You might be losing out on client payments or even reporting larger profits than you’re actually making if your financial records are inaccurate.
Typical circumstances brought on by insufficient bookkeeping practices include:
Your industry reputation may suffer if you are unable to pay partners and suppliers due to reduced cash flow and other financial issues.
Virtual Bookkeeping Services
Virtual bookkeeping services guarantee that all of your documents and records are current and accurate. The professionals at Doherty & Associates are knowledgeable about all applicable accounting and tax regulations that are pertinent to running a business in Delaware and Philadelphia. Our staff will notify you right away and assist you in correcting anything they see that you should or shouldn’t be recording, or vice versa. We help avoid legally difficult situations and make sure your financial records are compliant by promptly identifying problems.
Your company’s success is a reflection of ours. We want you to succeed in your industry and maintain compliance by providing you with the financial bookkeeping support you need when we work with you. You will always have complete access to your financial information. While you concentrate on your strengths, let us take care of the numbers.
- Doherty & Associates relieves busy business owners of the burden of accounting and other small business financial duties.
- Your company will always be prepared for tax season if you maintain timely and accurate financial records.
Request A Free Quote
Are you interested in personalized financial, accounting, or bookkeeping services designed around your business needs? Fill out our quick inquiry form or contact us directly to receive a free, no-obligation quote. Whether you prefer the convenience of online bookkeeping services, the flexibility of virtual bookkeeping services, or need trusted support, Doherty & Associates will create the right solution for you.
Our team specializes in small business bookkeeping and offers reliable bookkeeping for businesses of all types, helping you stay organized, compliant, and confident in your financial growth. Reach out today!