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FAQ

Have questions?  We’ve gathered answers to help you better understand our services and how we can support your business.

#1

What services does RNB offer?

 RNB Bookkeeping Services Provides:

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  • Daily transaction categorization and bookkeeping

  • Bank and credit card reconciliations

  • QuickBooks Online troubleshooting support

  • 'Side-By-Side' Bookkeeping support with real time video assistance

  • CPA-Ready, accurate and organized financial records

  • Monthly, Quarterly, and Annual bookkeeping maintenance

  • Monthly, Quarterly, and Annual financial reporting

  • Cleanup and catch-up bookkeeping

  • Loan Reconciliations

  • CPA Coordination for Business Owners

  • CPA 'White-Label' services

  • Payroll recording, only

  • Limited Accounts Receivable & Accounts Payable support

What does a Bookkeeper do?

A bookkeeper keeps your business finances accurate, organized, and up to date by managing your day-to-day financial activity. At RNB Bookkeeping Services, LLC, we focus on the essentials—recording and categorizing transactions, reconciling bank accounts, and maintaining clear, reliable financial records so you can make confident business decisions.  (See comparable chart below)

What is
'Full-Service' Bookkeeping?

At RNB Bookkeeping Services, we provide dependable, detail-oriented general bookkeeping services that help you make informed business decisions through accurate, organized financial records—so you can stay focused on growing your business.

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While we do not offer full-service bookkeeping at this time, we do offer limited services within this scope but mainly focus on delivering high-quality core bookkeeping support that helps business owners stay on top of their finances with confidence.

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Full-service bookkeeping typically includes a broader range of financial analysis and management support, such as:

  • Accounts receivable and accounts payable (See Chart Below for RNB Services)

  • Payroll processing (See Chart Below for RNB Services)

  • Monthly and proactive financial analysis

  • Sales tax tracking and filing support 

 

While Full-Service Bookkeeping extends into more comprehensive financial management and analysis, RNB, however, will ensure your financial records are consistently accurate and well maintained. 

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(See the comparison chart and out-of-scope services below-RNB )

Do I still need a Bookkeeper if I use QuickBooks Online?

Yes. QuickBooks is an incredible tool, but a bookkeeper ensures it is set up correctly, maintained properly, and used accurately for reliable financial records.

Can you set up my QuickBooks Online for me?

Although we do not handle initial setup, we can help customize your QuickBooks Online, Chart of Accounts, and other key settings to ensure they align with your business needs from the start.

How often should my books be updated?

Most businesses benefit from monthly bookkeeping, though some require more frequent updates depending on transaction volume.

What is  Bookkeeping vs. Accounting?

Bookkeeping focuses on recording and organizing financial data, while accounting interprets that data for taxes, reporting, and strategy.

(See comparable chart below)

How does hiring a Bookkeeper save me time?

A Bookkeeper actively manages your books, removing the burden of tracking daily transactions and helping you stay consistently organized. With ongoing oversight, errors are identified and corrected early—preventing small issues from turning into larger problems.  At RNB Bookkeeping Services, we help free up your time so you can focus on running and growing your business with confidence.

What services does RNB not provide?

Services Outside Our Scope

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To maintain our focus on accurate day-to-day bookkeeping and financial organization, RNB Bookkeeping Services does not currently provide:

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  • Payroll setup and processing

    • (RNB may assist with payroll processing if an established system and procedures are already in place. Payroll services are limited to recording and support within existing systems.)

  • Tax preparation, filing, or tax advisory services

  • Financial analysis, forecasting, or CFO/advisory services

  • Depreciation calculations or fixed asset schedules, tracking, or management​

  • Budget creation or cash flow projections

  • Audit preparation or representation

  • Business valuation services

  • Advanced accrual accounting adjustments

  • Complex journal entries prepared for tax or audit purposes

  • 1099 filing

​​**Ask about our Accounts Receivable and Accounts Payable services

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We’re happy to work alongside your CPA, tax preparer, payroll provider, or financial advisor to help keep your records accurate, organized, and up to date.

BOOKKEEPING  vs.  ACCOUNTING

Accounting vs. Bookkeeping Comparison Chart
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