Bookkeeping and Payroll Services

Knecht Business Solutions helps you to effectively manage accounts and reporting including invoicing, accounts receivables & payables, account reconciliations, sales tax filings, budgeting and job costing.

Bookkeeping

Apply your expertise and creativity to the growth of your unique business, not to struggling to manage your bookkeeping. Spend your free time with family and friends, pursuing hobbies and having fun…not reconciling the books!

Most of our clients are capable of doing their own bookkeeping. But they recognized that their time was better spent elsewhere so turned to us to take care of it for them.

Managing the accounts might not be something you enjoy, but we do!

If you need help cleaning up your accounts, getting your Quickbooks in order, invoicing, billing, or dealing with any of the many bookkeeping duties common to running a business,  Knecht Business Solutions bookkeeping services are perfect for you. We are reliable, accurate, and thorough. We stay on top of things for you.

Most popular bookkeeping tasks

  1. Monthly Reconciliations of all bank, loan and credit card accounts
  2. Invoicing & Accounts Receivable
  3. Bill Entry & Accounts Payable
  4. Sales Tax Filing
  5. Payroll (see details below)

Most popular bookkeeping reports (delivered monthly or quarterly as you need.)

  1. Profit & Loss Statement
  2. Balance Sheet
  3. Statement of Cash Flows
  4. Reconciliation Report

Finding solutions for your business

Knecht Business Solutions will help you come up with processes to help your business run more smoothly. Maybe it’s through paying bills, data entry, reconciling statements…whatever will make the most difference for your business. We look for opportunities to make your business more efficient because we care about your success!

Why work with us instead of hiring another employee to do your bookkeeping

 As an external partner, you pay none of the expenses with hiring and keeping employees on staff – none of the costs to recruit, interview and on-board employees, none of the expenses associated with employment such as benefits, insurance and taxes.  You only pay for the time it takes for us to complete your project; not down time, lunch breaks, coffee breaks, vacations, or sick days.

So what could savings look like annually?

Considering the median annual pay for a full-time Bookkeeper ranges from $34,000 to $44,000 ($17.00 – $22.00/hr.), depending on your market, let’s look at the numbers:

 

Expenses Permanent  Employee $20/hr, 20 hrs/wk KBS $60/hr, 5 hrs/wk
Annual Salary $20,800 $16,900
Bonuses   -0-
SUTA, FUTA, SS, Medicare 2,964 -0-
401k   -0-
Disability 291 -0-
Healthcare 4,493 -0-
Pension   -0-
Time Off   -0-
Annual Total $28,548 $16,900
Bookkeeping services through Knecht Business Solutions (KBS) can be extremely cost effective.

Contact us today for an estimate and a FREE consultation (1 hour) to discuss your specific needs.

Payroll Services

Take the worry away We help you to confidently meet your payroll tax and compliance challenges for federal, state and local payroll tax management. Payroll is about your people. That’s why we now deliver a payroll service with comprehensive options, including easy to use HR tools and resources.

  • General Ledger Interface: Export journal entries from Payroll Relief into QuickBooks® without rekeying data.
  • Online Employee Access: Saves you time with mobile access applications – allows employee access to their payroll information at their convenience
  • Online Reports: View, access, export and print over 15 different reports online.
  • Electronic Tax Processing and Filing:  We’ll calculate, deposit, file and reconcile your payroll taxes – and respond to inquiries from taxing agencies regarding the returns we file for you, including State Unemployment Insurance
  • New Hire Reporting: New Hire reporting helps you stay compliant with state regulations and avoid penalties.
  • Payment Options: Choose from three ways to pay your employees:
    • Check
    • Full Service Direct Deposit
    • Reloadable Visa® Cards
  • Garnishment Payment Service: A cost-effective solution that helps you manage your wage garnishment processing.
  • Pay-As-You-Go Workers Comp: Improve cash flow by eliminating large, up-front premium deposit payments, and spread them out over each payroll.
  • Time Off Accrual Reports: Up to date information on employee time off use and availability
  • W-2’s and 1099’s: We’ll automatically prepare and supply your annual W-2’s and 1099’s

Our payroll services are reliable, accurate, and thorough. Let us help you meet your payroll obligations without hassle or headache.

What people say

I stumbled upon Knecht Business Solutions online when I was desperate to find a bookkeeper. I had never used a bookkeeper before and was a little skeptical, as a number of places I reached out to didn’t even bother calling me back or sounded disinterested. Not here, though! They are completely my kind of people. I am not a suit and tie kind of guy and am really laid back and I love how every time I reach out to Pat, he is super responsive. After feeling like I was always an inconvenience to other professional services I’ve worked with, working with Pat has been a breath of fresh air. I never feel rushed and I love that we can have a coffee together and catch up on life, in addition to successfully getting my business items completed. I couldn’t have asked for a better fit!

Ken Jung

TradeWinds Heating & Air Conditioning

I highly recommend Knecht Business Solutions for ANYONE in small business.  They have not only been our bookkeeping company for many years now – we also have recommended that most of our clients engage their services as well.

When Knecht Business Solutions is in charge of bookkeeping, our clients’ financials are correct, make sense, are managed properly, and these business owners have timely visibility to the numbers that drive their businesses.  Our clients who grow the fastest know their numbers in depth; KBS gives them that depth.

And they’re a blast to work with!  Who knew bookkeepers could be so good and so fun at the same time?

Susan Thomson

Owner, ActionCOACH of Madison

Contact us today for an estimate and a FREE consultation (1 hour) to discuss your specific needs.