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By the Book Bookkeeping, LLC

Fort Collins, CO, Larimer County

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About

Hello, My name is Tessa and I founded By the Book Bookkeeping, LLC, a small bookkeeping company located in Fort Collins, CO. I specialize in both freelance bookkeeping and establishing long term contract relationships working with all types of companies to meet their bookkeeping needs.

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Reviews (2)

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5/5

2 customer reviews

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10 December 2017

Hired By the Book Bookkeeping for my bookkeeping needs for both of my small businesses on an on going basis. Tessa is great, professional, knows her stuff and timely. So far I've had nothing but a good experience. I can trust that my books are being done right which puts me at ease so I can focus on other aspects of being a small business owner. I give this recommendation in the highest regard and I fully recommend you give her a try ! More...

10 December 2017

Tessa with By the Book Bookkeeping is a total rockstar. I had an absolute nightmare with the accounting for my business, it's just not one of my strong suits. I didn't have a good accounting software, was behind in my accounts receivable, journal entries and tax payments, basically behind in everything. I hired Tessa on a trial basis and I was impressed with her knowledge, patience and professionalism. She thoroughly listened to my concerns and needs, answered all of my questions and educated me on how to maintain my books more efficiently. She did what I thought was impossible and brought my books current, correct, and improved my cashflow by collecting on our past due accounts. When she finished the work I hired her for, she sat down with me and gave me an in depth report. She also sold me on QuickBooks, set up my chart of accounts, and gave me a full tutorial. I'm so thankful that I found Tessa, I highly recommend her for all of your bookkeeping needs! She truly is an expert and her consulting services are worth every penny. For all my bookkeeping needs, I hire By the Book Bookkeeping. More...

Q&As

I provide full charge bookkeeping and accounting services. I help clients with normal financial transactions such as entering A/P, A/R, entering journal entries, deposits, creating monthly financial statements, developing budgets, realizing cash flows, financial consultations, payroll, sales tax, annual tax filings, keep tracking of sales, purchases, payments, receipts, filing, inventory, chart of accounts, process improvement, developing policies, collections, verifying procedures used for recording financial transactions, client invoicing and monthly statements, and much more.
During our initial consultation I will ask a series of questions tailored to identify your needs, and develop a plan to meet them. I pride myself on honesty, trust and integrity. Part of the services I provide is customer service, I want my clients to feel comfortable, flexibility is key in order to obtain the level of comfort you require.

Every business, big or small, needs to hire an accountant to protect the financial integrity of the organization. Many business owners think that with the assistance of handy software such as QuickBooks, they can personally handle the accounting, and truth be told, that is the biggest mistake a business owner can make.
When business owners decide not to hire an accountant they are usually motivated by the savings they think they will achieve, but fact of the matter is a good accountant can be one of the most worthwhile investments made in the business, and in the end can actually end up saving the company money.
Hiring the right accountant can be a valuable asset to your business, no matter how small, and can provide many benefits at various stages of growth, such as described below.
During the start-up phase
During the all important start-up phase of a company a great accountant can be beneficial in providing advice as to what type of company is best suited for the business model, as well as assist in making decisions in regards to maximising profit. The right accountant will also be able to advise and guide you through the financial section of a business plan, allowing you a more professional outlook on what’s to come.
Day-to-day operations
When it comes to the daily operations of a business there are many services an accountant can provide. These services include managing the recording of financial transactions and ensuring compliance with the law, overseeing payroll and helping to find cost savings from various vendors, and from within operating costs. In addition, an accountant will handle all aspects of tax preparation, such as payroll deductions, financial reports and necessary deductions. Choosing the right accountant will ensure that a business is able to properly plan for changes in expenses and growth, creating a financial safety net so the business never faces hardship.
During periods of growth
A good accountant is critical to a company during periods of growth, and businesses are able to benefit from their expertise in several ways. An account will provide valuable advice, in addition to financial reports to indicate how growth should be handled, as well as provide insight as to opportunity. They will also help with every aspect of business including planning for expansion, opening a new location or even selling if need be. Using an accredited accountant safeguards a business from having to experience an audit, or can help work through the process of an audit with you should one occur.
During financial hardship
If a company is experiencing times of financial difficulty an accountant can help to manage the situation by helping to identify problems within the business, and developing new plans to bring the finances under control. They can also be useful in working with creditors to organise payment arrangements, handle any liens and negotiate interest rates, directly affecting the financial situation of the company.
A great accountant will offer the flexibility needed to meet the needs of individual owners, whether it is on a full or part time basis, steering the business towards success and financial stability.

One of the most rewarding objections in my line of work is when I have been able to truly help a business with their financial objections and guided them to achieve new goals and dreams. In addition, it is the close professional relationships I develop with my clients, I love seeing them realize their potential and succeed. Some of the best moments come from the results of helping my clients with my knowledge and expertise, it's the "thank you's" I truly appreciate.

I started my business for the “freedom” part of it. I keep going because of the rewards I get from the freedom to act on my own ideas, the relationships I build with my clients, and seeing my dream of running a small bookkeeping business be my reality. I am free to decide how to handle my clients, in which I take a very direct, personable approach with. I get to know them, their successes become my successes. I love the flexibility I have to work my own schedule which allows me to coordinate with my clients on their schedules. I also have more time to spend with friends and family, and to do the things I love. But at the end of the day, most of all I would say the biggest reward and inspiration comes from when I truly help a client fulfill their goals and expectations of what a good bookkeeper is and does.

It’s not just my background, my education or working with successful businesses — or my people skills, which have helped me develop great relationships with my clients, vendors, and colleagues alike. I am also passionate about the industry I work for and driven to deliver high-quality work. I always think out side of the box for new and innovative ways to deliver high quality results while staying compliant with GAAP and other accounting principles. I pride myself in honesty, integrity, diligence, organization, attention to detail, and timely results. With me you can rest easily knowing you placed one of the most important parts of your business with someone who will work hard to help you achieve your goals and visions.

Services

A full suite of bookkeeping and accounting services such as:
• Virtual CFO
• Set up bookkeeping and accounting systems for new businesses and corporations
• Services can take place in your office or via remote connection.
• Xero software expertise!
• Monthly, quarterly and annual financial statements and reports
• Payroll set up, maintenance and processing
• Balance sheets and Profit & Loss statements
• A/R and A/P (accounts receivable and accounts payable)
• Daily deposits
• Bank Reconciliations
• General Ledger
• Custom Reports
• Monthly or quarterly sales and use tax returns
• Budgets set up and maintenance
• Payroll preparation and payroll checks, taxes and deposits
• Payroll 941, 940 and State withholding taxes
• Quarterly payroll tax and reports.
• EFTPS registration and set-up.
• W-2's & 1099's for year-end payroll.
• Latest software. Your business in the palm of your hand.
• Affordable evaluation and procedure set up for new and start-up businesses.