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...
Thu, 4 Aug, 2022 at 3:15 AM
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...
Thu, 4 Aug, 2022 at 3:15 AM
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 ser...
Thu, 4 Aug, 2022 at 3:17 AM
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 acco...
Mon, 8 Aug, 2022 at 5:59 AM
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 y...
Mon, 8 Aug, 2022 at 6:02 AM
Why Bookkeeping is required?
Effective and up-to-date bookkeeping helps you make smarter financial decisions. You’ll be able to see exactly where money is going in and out of your busin...
Mon, 8 Aug, 2022 at 6:04 AM
Is bookkeeping the same as accounting?
No. Bookkeeping is a day-to-day process that involves consistently recording daily transactions. That includes noting credits and debits, maintaining the g...
Mon, 8 Aug, 2022 at 6:05 AM
Can you help with raising my invoices and collecting payments?
Yes. Fincent and its powerful platform allows for you to raise an invoice and collect payments. Our bookkeeping team also offers receivables management ser...
Mon, 8 Aug, 2022 at 6:13 AM
Can you help me pay my bills?
Yes. We offer payables management services and will work with you to identify, customize and integrate the right tool (eg., melio payments, QuickBo...
Mon, 8 Aug, 2022 at 6:14 AM
Is support included?
Yes. Support is included. We aim to respond to inquiries in a business day or less.                                            
Mon, 8 Aug, 2022 at 5:40 AM