Bookkeeping

CPAs provide bookkeeping services to clients. These services usually involve the monthly recording of receivables, payables, cash receipts and disbursements, and other monthly activities. Additionally, the CPA normally reconciles the bank statements as a part of this service.

Cloud products such as QuickBooks or internal CPA bookkeeping software are used in providing this service.

At year-end the CPA often uses the bookkeeping information to prepare annual tax returns.