15250 Ventura Boulevard Penthouse 1220, Sherman Oaks, CA 91403

Small Business Bookkeeping

Sherman Oaks Accounting & Bookkeeping powered by One Source Services, Inc. is all about that data when it comes to small business bookkeeping: entering data, compiling data, organizing data, analyzing data…

The former president and chair of Hewlett-Packard Co., Carly Fiorina, said, “The goal is to turn data into information, and information into insight.” She was not wrong.

However, most small business owners do not enjoy pouring over spreadsheets or reconciling bank statements; do you?

Many small businesses procrastinate bookkeeping for so long they end up with overdue invoices, late fees, bounced checks, figures that don’t add up, maybe even overdrawn bank accounts.

Not when a professional small business bookkeeper regularly does the books!

Our small business bookkeepers focus on accuracy, meaningful reporting and analysis, and information protection.

We automate whatever we can to avoid manual data entry. After all, we are humans inclined to make mistakes and eliminating the need for key-clicking greatly reduces the risk of errors.

Sherman Oaks Accounting & Bookkeeping powered by One Source Services, Inc. can set up your small business in the cloud, show you how to use it, and be there for continuous support when you need us.

We use cloud-based accounting software that’s specially designed for small businesses. Its automations sync with bank and credit card accounts for the most accurate, up-to-the-minute data.

And, our off-site cloud backups protect small businesses’ information and make it accessible when recovery is needed.

Our small business bookkeepers perform regular financial reviews. They could be daily, weekly, or even monthly depending on your small business’s needs.

In addition to that regular financial analysis, we also prepare quarterly financial reports for you to review with your small business accountant.

If you are a client of Sherman Oaks Accounting & Bookkeeping powered by One Source Services, Inc., then your small business bookkeeper will take a  more in-depth look at your financial reports, analyzing them to identify trends, compare year-over-year performance, even point out late-paying or problematic customers.

But, financial reports are only as meaningful as the data fed into them.

If a small business wants their bookkeeper to produce meaningful reports, then they must maintain detailed and accurate records.

That’s why One Source Services, Inc. dba Sherman Oaks Accounting & Bookkeeping encourages all of our clients to use receipt scanning and digitizing applications. The result is less manual data entry, less paper, more accuracy, and more time for other things!

After all, our mission is to simplify finances, improve quality of life, and deliver peace of mind through high-quality small business bookkeeping services.