Inevitably, whenever I tell someone what services Windham Business Services provides, their first response is: “so, you do taxes?” No. Accounting and bookkeeping are distinct and separate activities from tax preparation. A tax return is the end result of a proper set of annual books, but not the only purpose behind preparing them.
The definition of Accounting is this:
the theory and system of setting up, maintaining, and auditing the books of a firm; art of analyzing the financial position and operating results of a business house from a study of its sales, purchases, overhead, etc.
Which is distinguished from bookkeeping which is:
the work or skill of keeping account books or systematic records of money transactions.
These are the areas where Windham Business Services provides the greatest value. We do the data entry bookkeeping work and provide you with the necessary analysis of the resulting reports.
This accomplishes two things for the small business owner.
- It takes away the JOB of bookkeeping from the owner. You are supposed to have a company, not a job.
- It provides the owner with the information and insights required to make sound decisions. The cornerstone of any good company.
Tax prep comes later and is important to prepare for, but the first order of business is just that: the business!
