Bookkeeping and General Business Accounting

Bookkeeping Services

Local CPA for Accounting & Bookkeeping Services in Phoenix, AZ

As a business owner, you have many demands on your time. It’s usually employees who opine about the importance of maintaining a “healthy” work-life balance that’s conducive to a fulfilling lifestyle. Business owners aren’t usually included in the conversation because they’re presumably busy working.

Bookkeeping is one of those time-consuming tasks you likely don’t have time to tackle during normal business hours. Many small business owners try to wade through the invoices, income statements, vendor contracts and receipts necessary to stay on top of bookkeeping during their off hours. 

Handling your own bookkeeping isn’t just a drag that may cut into your work and personal time – it can also be hazardous to the health of your business. 

Most SMB owners aren’t accountants. DIY bookkeeping may work if you have a simple business, a passing familiarity with QuickBooks and a basic understanding of accounting fundamentals, but mistakes can (and will) happen. 

Working with an experienced accounting firm like H&H Accounting Services to have your bookkeeping handled by professional Phoenix accountants is often the best solution. Our detail-oriented experts have extensive bookkeeping experience. We can ensure your books are accurate and free up your time to focus on the things that matter, like running your business or unwinding during your off hours. 

What Does a Bookkeeper Do? 

At the most basic level, bookkeepers reconcile bank accounts and enter data. This means recording every financial transaction to “balance” the books. The books then need to be cross referenced against bank statements, receipts, orders, contracts, invoices and other relevant payment or income tracking records for your business. Bookkeepers like those employed by H&H Accounting Services will also: 

  • Organize your business transactions 
  • Prepares financial statements 
  • Monitor business health 
  • Provide monthly financial reporting 
  • Provide all necessary information for business taxes


Our experienced bookkeeping professionals provide fast, timely and accurate services. We always deliver tax-ready financial statements to ensure our clients are never caught flatfooted when it comes time to file their business taxes. 


Many of our bookkeeping clients also rely on our CPA to complete their business taxes, which greatly simplifies their accounting needs and ensures smooth, on-time submissions and maximized returns. 


Is Your Business GAAP Ready? 

GAAP (generally accepted accounting principles) readiness is important for many businesses, especially those who are undergoing an internal audit or being subjected to an IRS audit. Any business that releases public financial statements must adhere to GAAP principals, which is why businesses that are aiming to attract private investors or believe they may one day take the plunge and go public should adopt GAAP standards as soon as possible. 

Our bookkeeping team can help you adopt and adhere to GAAP standards. Even if you aren’t releasing public financial statements, GAAP can still help ensure optimal accountability and transparency in your business financials.

Why Should You Use the Same Accountants for Bookkeeping and Tax Preparation? 

If you outsource your bookkeeping to an accountant (like most successful SMBs do), your bookkeeper should have an intimate familiarity with your business. They will understand where your revenue comes from, what your expenses are and your business’s strengths and challenges. The accounting pro who is up to their elbows in your business’s finances on a monthly basis is also the accountant who is best positioned to maximize your tax credits and deductions. 


Working with a Phoenix bookkeeper who is also renowned for accurate business tax preparation is often ideal. At H&H Accounting Services, we can handle both your regular bookkeeping and your annual business tax preparation. 


Outsource Your Bookkeeping to the Phoenix Accounting Pros 

What is your time worth? If you’re a small business owner, you can probably do the math and figure it out. For most SMB owners in Phoenix, it makes more financial sense to outsource their bookkeeping to experts like H&H Accounting Services. In addition to saving you time, we’ll also do the job properly, allowing you to avoid the headaches and costs associated with bookkeeping mistakes. 

Learn more about how working with H&H Accounting Services can save your business time and money by calling us at 
(480) 561-5805 and scheduling a free consultation. 


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