A little more clarity
Good questions. Clear answers.
Do you have questions about how Peak Reliance can help you? Browse our help center to get answers to your frequently asked questions.
What types of businesses do you serve?
Peak Reliance serves business entities including corporations (C-Corporations and S-Corporations), limited liability companies (LLCs), partnerships (general partnerships, limited liability limited partnerships, and limited partnerships), and sole proprietorships. Talk with us about the support your business needs.
What other financial services do you provide?
Peak Reliance offers bookkeeping, accounting, payroll, and financial reporting services. Talk with us about the frequency and scope that fit your business.
Do I need a bookkeeper if I have an accountant?
Accountants and bookkeepers perform distinctly different tasks for the businesses they serve. Bookkeepers are responsible for on-going maintenance of their clients’ general ledgers and Accountants use the accurate and up-to-date general ledger maintained by the bookkeeper to provide advisory services.
What is the difference between a CPA/Accountant and a bookkeeper?
A CPA can support tax return filing, tax planning, and financial advice. Bookkeeping focuses on day-to-day transaction recording and classification, bank and credit-card reconciliation, accounts payable and receivable, and reporting. These services work together to help you understand your finances.
Why should I hire a bookkeeper?
A bookkeeper helps organize and maintain your financial information so you can understand your business and make informed decisions.
Isn’t it better to have a local bookkeeper who I can meet with in person?
Cloud tools and videoconferencing let you share information and meet with a bookkeeper remotely. This can give you more options when choosing someone who understands your industry.
Is my virtual bookkeeper a trained professional?
The Peak Reliance team has experience in bookkeeping and accounting. During your consultation, ask about the people and services that will support your business.
How does remote bookkeeping work?
Remote bookkeeping uses online tools to share financial information. Best practice is to connect your bank and credit card accounts to the online software platform that allow automatic integration of transactions and statements. Other documents like invoices and bills can be shared by scanning them to a secure, shared, cloud-based document storage platform such as drop-box, OneDrive, Google Drive.
Shouldn’t my bookkeeper be local?
Internet and cloud tools make it possible to work with a bookkeeper remotely. Peak Reliance serves U.S. time zones, and you can discuss communication preferences with the team.
What other small business cloud tools do you work with?
Peak Reliance specializes in QuickBooks Online, Xero, HubDoc, Bill.com, ADP, Gusto, Paylocity, Paychex and more!
In some instances, we can also provide support in QuickBooks Desktop.
Wouldn’t it be cheaper to hire an in-house bookkeeper?
Depending on the size of your business, in-house bookkeeper may not require a full-time employee. This might make it more difficult to find someone who is willing to only work part time. In addition, there are additional costs to an in-house bookkeeper such as payroll taxes, insurance and other benefits, overhead for office space and equipment. An additional advantage of outsourcing the bookkeeping is that it is good practice to have independent eyes watching the bookwork.
How do I communicate with my virtual bookkeeper?
There are a variety of different ways you can reach out to your virtual bookkeeper. You can call them, communicate via email, set up virtual meetings, or do a combination of all three. We’ll use whatever method of communication you’re most comfortable with.
Do you prepare financial reports for partners, boards, and ownership groups?
Yes, Peak Reliance provides these services.
Do you serve businesses with under 100k in annual revenue?
Yes. Peak Reliance offers bookkeeping packages for individuals and small businesses.
How much does Peak Reliance cost?
Peak Reliance charges a flat monthly fee based on your needs and requirements.
Visit our pricing page to see the published plans.
Contact us to discuss a customized scope of service.
Do I need to clean up my books before handing over to you?
No, we’ll do this as a part of our work.
I have multiple businesses; how can Peak Reliance help me?
Peak Reliance focuses in accounting and bookkeeping services for multi-unit businesses. We can manage the books for each individual location and give your insight into your business’s overall financial performance.
Do you provide bill pay service?
Yes. Bill pay support is listed among the services available. Discuss the scope with our team.
Do you help with invoicing?
Peak Reliance helps in managing your invoice reconciliation process and your revenue tracking. We don’t send invoices to your clients on your behalf, but we can set you up to do electronic invoicing on your own.
Do you do payroll?
Yes, Peak Reliance provides payroll services. We’ll ensure the details from each pay run are accounted for in your financial records and reconciled against your bank statement.
A conversation is a good place to start