Address: 9360 Baltimore St NE, Minneapolis, MN 55449, USA
Phone: +16514660130
Sunday: Closed
Monday: 8AM–5PM
Tuesday: 8AM–5PM
Wednesday: 8AM–5PM
Thursday: 8AM–5PM
Friday: 8AM–4PM
Saturday: Closed
Alex Bly
Could not recommend UptoDate more. Incredibly competent and effective. They have made Bookkeeping an afterthought for us after a few years of it being a massive stressor. If you want to focus your energy on the day-to-day of your business opposed to doing books yourself or taking a risk on a different bookkeeper, then this is the firm for you. Every decision we make is now informed by reliable numbers and those numbers are produced with minimal efforts by us.
iMowediT Email
UptoDate helped us get out of an absolute nightmare of a situation with our previous bookkeeper. In about 2 weeks, they were able to redo our entire 2021 books and develop a system to ensure that our 2022 year end will be a breeze. Brian, specifically, has been an invaluable resource. We are thrilled to have found UptoDate and could not recommend them higher.
John MacKenzie
Always prompt, always courteous, always correct!
Jeff Mork
UptoDate Bookkeeping in Blaine has been a huge asset for my business. Their custom bookkeeping services have saved me a ton of time and have allowed me to spend more time finding new clients. I definitely recommend their services!
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Yes, just click on the Schedule a consultation today button on our site and pick your appointment time.
We are a QuickBooks Pro Advisor, which means you get expert advice and we customize our services to your needs.
We do not prepare taxes. We work with your CPA or tax preparer to complete your team. As a cloud bookkeeping service, we encourage CPAs to give proactive advice to their clients, and we can give them access to your data to do so!
Quite the opposite! Instead of having to manage and enter information into your books, you will be able to focus more time analyzing them and managing the operations and sales of your business. Having an outsourced bookkeeping service is like having a trusted adviser make sure your books run accordingly while you concentrate on what you do best, running your business.
Accountants record and classify financial transactions while the controller sets up and maintains the accounting system. A bookkeeper records and categorizes financial transactions, while accountants analyze, review, and report on that information.
Did you hire an employee or an independent contractor? Get the decision wrong and you might get stiff fines from the IRS.
The reason is clear. If you lose your receipts, you won't be able to prove your deductions on your tax return or you may even be fined. Keep receipts for at least seven years.
Income and expenses are recorded differently in cash and accrual methods of accounting. A cash accounting method records income and expenses as soon as they are received or distributed. On the other hand, a accrual accounting method records income and expenses when they are incurred, not when they are actually paid or collected.
Current Assets are assets that are expected to be gone or sold within a year, but Fixed Assets are long-term assets that are not expected to go anywhere in the near future.
“Accounts Payable” is what you owe other companies as a result of purchasing goods or services from them.
“Accounts Receivable” refers to money owed by your company to customers. Usually, the customer paid on credit for the goods or services.
Yes, we can do your company payroll or union payroll.
A bookkeeper may prove useful for a number of reasons, three of which include: They save you a lot of time. They help you manage your business finances. It can take a lot of pressure off of managing things like cash flow. Having a bookkeeper on your team can also offer support to business owners who feel like they’re working alone.
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