Bookkeeping & Accounting

Working with your Bookkeeper
Why provide your Bookkeeper with Read-only access to your financial accounts & tools?
Why does your Bookkeeper need read-access to your online business accounts? When entrusting us to streamline financial management, you would be asked to provide your bookkeeper with access to yo...
Steps to provide your Bookkeeper with read-only access to bank accounts & credit cards
Click on your bank name and perform the steps mentioned to provide read-only access to your bookkeeper. BANKS Alaska USA Credit union Aliant Credit Union Ascend Federal Credit Union Angel...
Steps to provide your bookkeeper with access to other tools
Click on the tools to perform the steps to provide access to your bookkeeper. Tools Amazon ADP Divvy Deel Dubsado Expensify Gusto Justworks Ramp Stripe Shopify Square Wise Ama...
Do your bookkeeper work on Fincent account or on QuickBooks Online account?
Fincent works alongside QuickBooks Online to provide you with a complete bookkeeping solution. We do create a new QuickBooks Online account for you if you don’t already have one. We push all da...
Why do I need to provide my Bookkeeper with access to my QuickBooks?
If you are an existing QuickBooks user, your bookkeeper would need access to review the existing state of your books and financial data. By providing accountant access to your bookkeeper, they ...
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Mon, 26 Sep, 2022 at 3:29 AM
Basics of Bookkeeping
Do I need to give you my receipts?
Occasionally, we’ll request documents such as account statements or receipts to ensure the information we have is correct. All you’ll need to do is upload a file.
Do you need to import my previous bookkeeping into Fincent?
No. We don’t need any of your previous bookkeeping for work going forward, as we use your bank statements. All you need to send is your latest balance sheet and income statement. However, you migh...
Will my financial data be secure?
We use 256-bit SSL/TLS encryption, the same as what is used for online banking and online shopping. All of our data resides on US-based AWS secure cloud servers.    Every Fincent employee underg...
Can I connect my bank accounts to Fincent?
Yes. We connect with most major banks in North America. Connecting your bank account gives your bookkeeping team access to your transaction history and account statements - nothing more.  
Can you help migrate me from other accounting tools such as Sage, Xero, Wave or FreshBooks?
Yes, we can help you transition your books over to QuickBooks Online. During the onboarding process, we’ll make monthly journal entries in QuickBooks from your monthly account totals in your curre...
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Tue, 27 Sep, 2022 at 5:40 AM
Does Fincent support both cash and accrual accounting?
We provide most of our clients with accrual accounting, but offer cash accounting as well.    Cash bookkeeping only records when money enters or leaves a bank account. Accrual bookkeeping is the...
Do you provide inventory management services?
We don’t currently offer inventory management services, but will update the numbers in your monthly financials based on data provided either by you directly, or by the software you use, such as Tr...
Will you help me with issuing my 1099's?
Yes, we can issue 1099’s for our bookkeeping clients. Talk to your bookkeeper or our specialist to learn more.
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Tue, 27 Sep, 2022 at 5:40 AM