Offering bookkeeping services for small businesses in Allentown, PA
Professional Bookkeeping Services
Keep your business finances organized, accurate, and stress-free. Our bookkeeping service tracks all your income and expenses, categorizes transactions, reconciles accounts, and provides clear financial reports so you can make informed decisions. Save time, avoid costly mistakes, and gain a real-time snapshot of your business’s financial health. Perfect for business owners who want peace of mind and more time to focus on growth.
Categorizing
Transactions
Categorizing transactions is one of the most important parts of bookkeeping. Every expense, payment, and deposit needs to be properly classified so you know exactly where your money is going and how your business is performing. By keeping your transactions organized into the right categories—like payroll, rent, utilities, office supplies, or income sources—you’ll always have accurate financial reports, stress-free tax preparation, and a clear picture of your business’s cash flow.
As a service, I take this off your plate by reviewing and sorting all your business transactions so you don’t have to. This ensures your books stay clean, organized, and IRS-ready, while giving you the insights you need to make smarter financial decisions.
Reconciling Accounts
Reconciling accounts is one of the most important steps in bookkeeping, and it’s a service that gives business owners peace of mind. In simple terms, reconciliation means reviewing your bank statements, credit card statements, and financial records to make sure everything matches up accurately.
By offering reconciliation services, you’re ensuring that no transaction goes unnoticed—catching errors, missed payments, or even fraudulent activity before they become bigger problems. This keeps financial records clean, prevents costly mistakes, and gives business owners reliable numbers to make smart decisions.
Financial Reports
Our bookkeeping service provides clear, accurate, and timely financial reports that give you a complete picture of your business’s health. From profit and loss statements to balance sheets and cash flow reports, we organize your financial data so you can make confident decisions, plan for growth, and stay ahead of taxes. With our reports, you’ll always know exactly where your money is going and how your business is performing—without the stress of crunching the numbers yourself.
Accounts Receivables
Keeping track of who owes you money and making sure payments come in on time can be a huge headache for business owners. That’s where I step in. With professional Accounts Receivable management, I make sure your invoices are sent promptly, payments are tracked, and follow-ups are handled with care.
Accounts Payable
Managing bills, vendor payments, and due dates can quickly become overwhelming for any business. With our Accounts Payable service, we take the stress off your shoulders by organizing, tracking, and paying your business expenses accurately and on time.
We make sure your vendors are paid promptly, your cash flow is managed efficiently, and you avoid costly late fees or missed payments. Every invoice is recorded, categorized, and reconciled so you always know where your money is going.
Bookkeeping services FAQs
Everything you need to know about Lehigh Multiservice Get in touch →
What bookkeeping services do you offer?
At Lehigh Multiservice, through H&R Block Business Services, we help small businesses keep their financial records organized and accurate. Our bookkeeping services currently include transaction categorization, bank and credit card account reconciliations, and the preparation of financial reports such as Profit & Loss statements and Balance Sheets. We use Xero’s cloud-based bookkeeping platform to help you stay organized and better understand your business finances.
What is bookkeeping?
Bookkeeping is the process of recording, organizing, and maintaining your business’s financial transactions. Accurate bookkeeping helps you understand your income, expenses, and profitability while keeping your records ready for tax preparation and business planning.
Why is bookkeeping important for my business?
Accurate bookkeeping allows you to:
– Know how much money your business is making
– Monitor expenses and cash flow
– Prepare accurate financial reports
– Make better business decisions
– Stay organized throughout the year
– Be prepared for tax season
– Without organized financial records, it becomes much more difficult to manage and grow your business.
How often should my books be updated?
Most businesses benefit from monthly bookkeeping. Updating your books every month helps keep your financial information accurate, catches errors early, and allows you to monitor your business’s financial performance throughout the year.
What businesses do you work with?
We provide bookkeeping services for many types of small businesses, including:
– Contractors
– Restaurants
– Retail stores
– Landscaping companies
– Trucking companies
– Cleaning businesses
– Medical offices
– Real estate investors
– Consultants
– Professional service businesses
– And many more
If you own a small business, we can help keep your books organized.
Can you catch up my bookkeeping if I’m behind?
Yes. If your bookkeeping has fallen behind, we can help organize prior months or even prior years of financial records. We’ll review your transactions, categorize them correctly, reconcile your accounts, and prepare updated financial reports.
What bookkeeping software do you use?
We primarily use Xero, a secure cloud-based bookkeeping platform that allows business owners to access their financial information anytime from almost anywhere. Xero also provides bank connections, financial reports, and secure collaboration between you and your bookkeeper.
Can you work with my existing bookkeeping records?
Yes. If you’ve already been maintaining your own records, we can review your existing information, make corrections if needed, and continue maintaining your books accurately. However, we would have to transfer your records to the Xero software, if you haven’t already been using it.
Will bookkeeping help during tax season?
Absolutely. One of the biggest benefits of accurate bookkeeping is having organized financial records when it’s time to prepare your business tax return. Clean books reduce stress, save time, and help ensure your tax preparer has accurate financial information.
Can you prepare my Profit & Loss Statement?
Yes. We prepare financial reports including Profit & Loss statements and Balance Sheets to help you understand your business’s financial performance and provide accurate information to your tax preparer, CPA, bank, or lender when needed.
How much do bookkeeping services cost?
Bookkeeping costs vary depending on the size of your business, the number of transactions, and the level of service needed. We offer customized bookkeeping solutions based on your business’s specific needs. Contact us for a free consultation and personalized quote.
Can you help if I don’t understand my financial reports?
Yes. We don’t simply prepare reports—we help you understand what they mean. We’ll explain your Profit & Loss Statement, expenses, and other financial information so you can make more informed business decisions.
Is my financial information secure?
Yes. Protecting your financial information is a top priority. We use secure bookkeeping software and maintain strict confidentiality when handling all client financial records.
Why choose Lehigh Multiservice for bookkeeping?
Since 2005, Lehigh Multiservice has proudly served the Allentown and Lehigh Valley community. Through H&R Block Business Services, we provide professional bookkeeping with personalized local service. Our goal is to help business owners stay organized, understand their finances, and focus on growing their businesses while we handle the bookkeeping.
How do I get started?
Getting started is easy. Schedule a free consultation, and we’ll discuss your business, review your current bookkeeping, identify areas for improvement, and recommend a bookkeeping solution that fits your needs.
Call us today at (610) 351-0889 or visit our office at 1028 W. Hamilton St., Allentown, PA 18101.
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