We are looking for clients who have the desire to have their bookkeeping organized and reflective of their business’s financial activity now and in the future. Working with clients who are responsive to our communications in a timely manner, honest, and involved in financial decisions is very important to us. We care about your finances and understand that if everything is prepared accurately, you will be able to make company growth choices with confidence. L&L wants to be a member of your team in that endeavor!
What types of clients are you looking for?
who will be doing my books?
After both L&L and your company have a contract in place, an onboarding specialist will get your QBO account set up or re-organized, and task processes put in place. Once your accounting system is rolling smoothly, we may have another certified bookkeeper in our firm take over the regular work. The firms’ owner will always review your monthly financials and present them to you. We always have backup staff to service your account, in case of vacations or illnesses.
Can L&L do my taxes?
L&L does not prepare your tax returns – instead we work with your CPA firm to provide all of the necessary records at the end of the year to get your taxes done. Don’t have an accountant? We’re happy to provide you with the names of firms that we have seen excellent work from.
Why would I use L&L instead of hiring my own in-house bookkeeper?
If you have enough work for a full-time bookkeeper, we generally think it’s best to do so; however, some businesses don’t have enough work for even a part-time person. Because of the processes we put in place, and the knowledge of our accounting program and systems, we can do your work accurately and efficiently, saving you money over hiring a part-time bookkeeper, paying payroll taxes, and other benefits. Your emails are checked multiple times a day, so your requests are not piling up for when a part-time bookkeeper is available. We set-up systems so that you can easily take your work back in-house when your business grows to that point.
Do I need a bookkeeper if I have an accountant? What's the difference between the two?
Accountants and bookkeepers perform distinctly different tasks. Bookkeepers have the responsibility of maintaining their clients’ day-to-day records. Accountants use this information to provide advisory services, tax returns, and tax planning advice. Because our service fees are generally much lower than accounting firms, we can save you money by doing the ongoing bookkeeping your firm needs, then handing over the organized data to your accountant at the end of the year to get your return done.
What other small business cloud tools do you work with?
Quickbooks Online has well as the over 1,400 apps that Quickbooks has approved that work with various business types and situations. We’ll recommend apps that would be appropriate for your type of business.
Do you serve businesses with under $100k in annual revenue?
Of course! We offer bookkeeping services for businesses of various sizes and needs.
What financial services does L&L provide?
Accounts payable and receivable, payroll registration and processing, receipt management, online banking ACH and wire services, and financial reporting. We also have background in other procedures, such as state and federal business registration, and general new-business startup help.
What types of businesses does L&L serve?
Professional services, product-based businesses, the construction industry, property management firms – just to name a few! Because we have multiple bookkeepers with various experiences and backgrounds, we have a wide range of expertise in-house.
How much does L&L cost?
Our hourly rate is $100/hour, charged by the quarter-hour. Our monthly minimum for each company is $500.
Shouldn't my bookkeeper be local?
Not at all! Although we are located in Michigan, we have clients on both coasts. Working within Quickbooks Online, and using the technology that is available today, it’s easy to work together. We are also available to travel to your location initially (travel fees apply) to help restructure your system and meet with you and your staff personally.
Do i need to clean up my books before I hand them over to l&L?
We prefer to do the clean-up! It helps us understand your business, clients, and vendors.
what accounting software do you support?
All Quickbooks products. If you are currently on Quickbooks Desktop, we are well-versed to move your data to the Quickbooks Online platform, so you have full visibility, control, and transparency of your books.
I have multiple businesses- how can you help me?
The owner of L&L bookkeeping has owned multiple businesses herself, so we understand intracompany relationships, and are able to help you structure your bookkeeping appropriately.
do you do payroll?
Yes! We are knowledgeable in registering new businesses for payroll on the state and federal level, as well as day-to-day payroll processing.
Does L&L provide other services besides bookkeeping?
We work closely with an ecosystem of trusted companies that offer services such as sales and reporting support, marketing strategy and implementation, product research and launch plans, market research, and more, to new and established companies that want to better leverage data to grow.
We do not make any referral fees for connecting you to this team, but we know this group does a great job and we would be happy to give you more information if interested.