Our team consistently communicates with you, providing bookkeeping updates tailored to your architectural business. Got urgent queries that simply can't be put on hold? You can count on us to respond within one business day or less.
Our platform enables you to automate data inputs from leading providers, ensuring the elimination of common errors. We team up with major vendors such as Gusto, Stripe, Shopify, and Square—providing your architectural firm with consistently accurate financial records.
Say goodbye to stacks of blueprints and tedious manual budget tracking—we automate financial entries directly from your linked accounts. Get insights from one central dashboard specifically designed for architects, so you can easily understand the financial status of your projects and make strategic decisions.
DR. BUKKY KOLAWOLE
As an architect, there are several specific tax deductions available to you. Some of these include deductions for:
- Business-home expenses if you work from home
- Office supplies and equipment
- Automobile and travel expenses relating to your work
- Professional memberships and subscriptions
- Costs related to continuing education and professional development
A bookkeeper can be extremely valuable in helping you track these expenses throughout the year, ensuring that you have the documentation you need when it's time to prepare your tax returns. They can also keep you updated on any changes in tax law that may affect the deductions you're eligible to claim. Working with a bookkeeper can ensure that you take advantage of all potential tax savings, leaving you more time to focus on your architectural work.
A bookkeeper can help manage your project-based revenues and expenses effectively in several ways. Firstly, they can use specialized accounting software to accurately track income and expenses related to each specific project. This includes recording all transactions, managing invoices, and ensuring all bills and expenses get paid on time.
Secondly, a professional bookkeeper can provide you with comprehensive financial reports specific to each project, which can give you a clearer understanding of your project's financial performance. Moreover, they can help with budgeting and forecasting, helping you to allocate resources efficiently, estimate future revenues, and control costs effectively.
Lastly, having a bookkeeper means you'll have someone to ensure your business complies with all necessary tax laws and regulations. This not only streamlines the process but also mitigates the risk of costly financial errors. So, by having a bookkeeper on your team, you can focus more on the core activities of your project, knowing that the financial side is in good hands.
Yes, Bench Accounting has extensive experience in managing books specifically for architectural firms. Our team of expert bookkeepers understands the unique financial intricacies of this industry, enabling us to provide tailored bookkeeping solutions.
Nope! All bookkeeping is completed in-house.
Your bookkeeper will be your main point of contact, but at times you might hear from another member of your team. This is usually when your bookkeeper goes on vacation, is sick, or otherwise unavailable.
We handle the bookkeeping for you but sometimes we’ll need your input, especially at year-end. On average, expect to spend 15 minutes each month answering questions for your bookkeeper, or uploading supporting docs.