Monthly Bookkeeping Packages: What Should Be Included?

What Is a Monthly Bookkeeping Package?

A monthly bookkeeping package is a recurring service plan that usually includes transaction categorization, bank reconciliation, credit card reconciliation, financial reports, and bookkeeping support.

Some packages also include payroll coordination, accounts payable, accounts receivable, sales tax support, and monthly review calls.

Basic Bookkeeping Package

This works best for simple service businesses with low transaction volume.

• Bank reconciliation
• Credit card reconciliation
• Income and expense categorization
• Monthly profit and loss statement
• Balance sheet
• Basic email support

Growth Bookkeeping Package

A growth package may include everything in the basic plan plus payroll coordination, invoicing support, bill tracking, and more detailed reporting.

This is useful for businesses with employees, contractors, recurring customers, or multiple accounts.

Advanced Bookkeeping Package

Advanced packages may include job costing, inventory tracking, class tracking, location reporting, accounts payable, accounts receivable, cash flow reports, and advisory meetings.

This may be useful for construction companies, real estate investors, restaurants, ecommerce businesses, and multi-location companies.