Frequently Asked Questions
At LEDGERS NY, we’re here to answer your questions and provide the financial planning help you need to make informed decisions about your business’s finances. From starting a new venture to managing ongoing financial needs, our team is dedicated to supporting you every step of the way.
It’s a great idea to reach out to a Bookkeeper as soon as you start planning your business or have an established business and need help with cleanup. We can assist with your business’s structure, tax planning, operational strategies, and help you set realistic pricing and profit goals.
It's recommended to update bookkeeping records regularly, ideally on a weekly or monthly basis. Frequent updates help ensure accurate tracking of income and expenses, improve cash flow management, and prevent errors or discrepancies that may arise from delayed record-keeping. Regular updates also make it easier to stay prepared for tax season or audits.
Proper bookkeeping ensures that all deductible expenses are accurately recorded and categorized, which helps maximize tax deductions. It also ensures compliance with tax laws and regulations, reducing the risk of errors or missed opportunities to lower tax liability.
Most services are provided remotely, unless otherwise agreed upon.