Yield Bookkeeping Services, LLC

Full Charge bookkeeping for small businesses. From bill paying to invoicing to providing financial statements. Accurate and Affordable! Full Charge bookkeeping for DC area and South Florida small businesses.

I am a long time resident of Ashburn VA and have over 20 years of Accounting and Bookkeeping experience. I can customize bookkeeping for your small business...no job is too small. Please contact me and we can discuss your business needs right away! Services provided include the following: o Full Charge Bookkeeping Services o Client Invoicing o Accounts Receivable o Vendor Payments o Accounts Payable o Bank and Credit Card Reconciliations o General Ledger / Payroll Entry o Sales Tax payments and returns o Inventory Management o Fixed asset management o Payroll including all tax filings o Purchase and sales orders o Journal entries Accounting Services: o Cash Flow / Budgeting o Financial Statements & Reports o Monthly, Quarterly Year-End Review o Financial Analysis o Prepare all reports needed for CPA at year end for tax purposes and audit Financial Reporting: o Income Statement o Balance Sheet o Cash Flow o Ledger Reconciliations Additional Services - Software and Setup: o Initial Set-up for New Companies o Chart of Accounts set-up o Generation of invoices and credit memos o QuickBooks software - Installation and set-up o Securing Client Data using backup procedures Yield Bookkeeping Services recommends Quickbooks software. Notary Public services I can also do long distance small business bookkeeping by utilizing dropbox for sharing information. Call today!

Operating as usual

Only two days left to vote for the Loudoun County Chamber of Commerce “People’s Choice Award” for 2020! Please vote YIELD for 'Virtual Business of the Year'. Voting will close on Friday, September 25, 2020 at 5pm. *LINK BELOW*

https://fs21.formsite.com/LoudounChamber/form36/index.html

forbes.com

PPP Forgiveness Applications Are Opening Up. Should You Apply?

It’s not often you get a chance to turn a loan into an outright grant, but that’s potentially one of the most attractive features of the Paycheck Protection Program (PPP). Right now, banks are in the early stages of accepting PPP Loan Forgiveness applications. Fifth Third Bank started the process a couple of weeks ago. Bank of America sent emails last Friday saying that the Forgiveness Application is now available. The nations’ biggest bank, Chase, hasn’t started yet. Their website says they are continuing to “prepare to accept your Forgiveness requests.”

https://www.forbes.com/sites/brianthompson1/2020/09/21/ppp-forgiveness-applications-are-opening-up-should-you-apply

Of course, YIELD can help! Contact us today https://www.yieldbookkeeping.com/contact-us/ to learn how!!

forbes.com Banks opening up the process might be welcoming news for those of you eager to get these loans off of your balance sheet. But just because banks are taking applications, does that mean you should apply? A few words of caution before you do.

fs21.formsite.com

2020 Small Business Awards - People's Choice

Only a few days left to vote for the Loudoun County Chamber of Commerce “People’s Choice Award” for 2020! Please vote YIELD for 'Virtual Business of the Year'. Voting will close on Friday, September 25, 2020 at 5pm. *LINK BELOW*
https://fs21.formsite.com/LoudounChamber/form36/index.html

fs21.formsite.com View this form on Formsite

forbes.com

Why It’s So Important That You Should Know Your Business Numbers

Is your business thriving? Or is it just getting by? How would you even know? Get to know your numbers.

Read the below article and then visit https://www.yieldbookkeeping.com to see how we can help!

https://www.forbes.com/sites/melissahouston/2020/08/24/why-its-so-important-that-you-should-know-your-business-numbers

forbes.com A lot of money and time goes into your business to make sure that you are up to date on the latest information. Invest in your financial skills to ensure the longevity of your business.

Loudoun County Chamber of Commerce

Announcement of the Finalists for the 2020 Small Business Awards by the Loudoun County Chamber of Commerce!

We are pleased to announce the 2020 Finalists for the 26th Annual Loudoun Small Business Awards. 🏆 There are so many outstanding businesses in Loudoun, and we are thrilled to celebrate them. The voting for People's Choice will be open until Friday afternoon at 5 p.m. Be sure to cast your vote for this EXTRA category! ➡️ VOTE: www.LoudounChamber.org/SBA

This hybrid event with in-person and virtual components will be FREE to watch online. More details to come soon. Learn More: www.LoudounChamber.org/SBA
#LoudounSBA

Voting is now open for the Loudoun County Chamber of Commerce “People’s Choice Award” for 2020! Please vote YIELD for 'Virtual Business of the Year'. Voting will close on Friday, September 25, 2020 at 5pm. *LINK BELOW*

https://fs21.formsite.com/LoudounChamber/form36/index.html

#LoudounSBA

As a business owner, it’s important to understand the resources available to maintain your financial records. Bookkeeping helps businesses stay financially organized and prepared. Read further to learn more about bookkeeping, the benefits associated with using a bookkeeping service, typical roles and responsibilities of bookkeepers and determining factors that might mean you should hire one for your business.

Read the article here: https://www.indeed.com/hire/c/info/hire-bookkeeping-service

For more information on YIELD: yieldbookkeeping.com/

Yield Bookkeeping is now fluent in English, Spanish and Russian! We are excited to provide these skills so we can help small business owners build and grow their dreams!

eventbrite.com

Yield Bookkeeping Presents Small Business Owner's Roundtable

Registration for our Small Business Owners Roundtable closes soon!

We would love to have you join our CEO Rochelle Dallons and other small business owners for an hour of networking and the chance to grow your business community. We want to bring owners together to share tips and practices and encourage and help each other’s businesses thrive.

Register via Eventbrite https://yieldbookkeepingroundtable.eventbrite.com

eventbrite.com Registration Now Open. Space Limited!

A common mistake of small business owners is to commingle business and personal funds. It’s important to have a separate business checking account and credit card account for your business. This will make things a lot easier when it comes to managing your books and getting deductions organized for tax time!

Visit https://www.yieldbookkeeping.com to learn more.

eventbrite.com

Yield Bookkeeping Presents Small Business Owner's Roundtable

Our first Small Business Owners Roundtable is next Thursday, September 17 at 4PM and we would love you to join us.

Yield Bookkeeping will be hosting the event and their CEO, Rochelle Dallons will talk about the importance of community and connection for small business owners. After, there will be a chance to network and converse with other Small Business Owners. We want to help you build your community and strive!

Registration is open to all small business owners and free. https://yieldbookkeepingroundtable.eventbrite.com

Yield Bookkeeping Presents Small Business Owner’s Roundtable
Yield Bookkeeping Services
Information Experts

eventbrite.com Registration Now Open. Space Limited!

yhbcpa.com

PPP Loan Forgiveness: Should I wait to apply?

While the initial application process was challenging, the rules governing the use of funds and the qualification for loan forgiveness has been a confusing and ever-changing process to say the least. Many banks have begun accepting applications for loan forgiveness now that the deadline to apply for a PPP loan (August 8, 2020) has passed.

Many loan recipients are anxious to submit an application for forgiveness, especially if it seems apparent on the surface that 100% forgiveness will be obtained. However, the decision to apply for forgiveness is not one to be done in haste. The consequences could include an unexpected reduction in the forgiveness amount as well as an administrative burden with the application that may be avoidable.

https://www.yhbcpa.com/tax-consulting/ppp-loan-forgiveness-should-i-wait-to-apply/

yhbcpa.com Many loan recipients are anxious to submit an application for PPP forgiveness. However, the decision to apply for forgiveness is not one to be done in haste.

Have a wonderful Labor Day weekend and HAPPY LABOR DAY from all of us at YIELD! 💙💕💙

eventbrite.com

Yield Bookkeeping Presents Small Business Owner's Roundtable

Clients, Colleagues and Friends,

We appreciate you and your business and would like to provide opportunities for you to network during this time of social distancing and few in-person events.

I would like to invite you to a Virtual Small Business Owners Roundtable event on Thursday, September 17 4PM - 5PM. I will speak briefly on the importance of community and connection during these times. After, there will be the opportunity to network and converse with other small business owners.

The event is open to all our clients and their guests. If you are interested, please register for free via Eventbrite https://yieldbookkeepingroundtable.eventbrite.com and feel free to share the event with your network and other small business owners.

We look forward to connecting with you.

Kind Regards,

Rochelle Dallons
CEO at Yield Bookkeeping Services

eventbrite.com Registration Now Open. Space Limited!

Believe it or not, the end of the year is right around the corner and will be here before you know it! If you haven’t already, it’s time to start organizing receipts, cataloging expenses and getting ready for End of Year!

Need help or have questions? Contact us!
https://www.yieldbookkeeping.com/contact-us/

Yield Bookkeeping Services, LLC's cover photo

We are passionate about small businesses! We provide bookkeeping, payroll, sales tax and consulting services for small to medium businesses.

Not sure if you can afford a bookkeeper? Contact us today to request a free quote!

https://www.yieldbookkeeping.com/contact-us/

Stop getting frustrated doing your own bookkeeping! From bill payment to invoicing and providing financial statements, you will save yourself time and money with Yield’s fully customizable services!

https://www.yieldbookkeeping.com/

Invoicing, payroll, inventory management, balance sheets, year-end-review… are you bored yet? Don’t waste your time and money on these necessary evils - let Yield Bookkeeping handle them for you so you can spend your time on the parts of your business you love.
Contact us today for a free quote! https://www.yieldbookkeeping.com/

Being self-employed is a lot of work and we can help with the workload, by providing you with some tax benefit options. Is your business run out of your home? Let us advise you on how this can be done in order to minimize taxable income. If you have staff within your home; let us make sure that taxes are being withheld when they need to be. There are a number of things to consider and Yield wants to confirm that you are looking at everything!

https://www.yieldbookkeeping.com/

yhbcpa.com

An Update on the PPP

The Coronavirus Aid, Relief and Economic Security Act (CARES Act), which launched in April 2020, established the Paycheck Protection Program (PPP) to help employers cover payroll during the ongoing COVID-19 pandemic. Since the programs release employers and advisors (including YHB) have been tirelessly keeping up with the constant release of new guidance, including the introduction of the Paycheck Protection Program Flexibility Act of 2020 in May.

As we head into the (possible) final days before the August 8th deadline to apply for the PPP, it’s important to remember a few key points and recent changes to the original law:

- Payroll Allowable Costs can be adjusted to 60% with 40% other accounts allowable
- Forgiveness period to use PPP funds was increased to 24 weeks (it was originally 8 weeks)
- Funds received from PPP would create income once the forgiveness has been determined from your banking partner, creating possible Income Tax implications
- You have 5 years to pay back your PPP loan if the amount provided does not convert into a grant

But more importantly, if you haven’t applied for PPP and need it, you should! There is over $100 Billion still available for qualified recipients.

Read the Full Article Here: https://www.yhbcpa.com/tax-consulting/an-update-on-the-ppp/

yhbcpa.com As we head into the (possible) final days before the August 8th deadline to apply for the PPP, it’s important to remember a few key points and recent changes to the original law:

We LOVE ⭐⭐⭐⭐⭐ reviews!!

https://www.yieldbookkeeping.com/

forbes.com

What The Self-Employed Need To Learn From The PPP Loan Process

2020 has been a year of many lessons. From social distancing to coloring our own hair, we have all had to learn to adapt in a pandemic-driven world. It has been a time of change, reflection and fear.

For many self-employed individuals, the Covid-19 pandemic has provided an additional lesson: education in the finances of having your own business, courtesy of the Paycheck Protection Program (PPP). Suddenly understanding the number on Line 31 of your Schedule C became essential. During the PPP process, many business owners were dismayed to discover that they did not have the type of record-keeping, process and structure necessary to participate in the PPP loan program.

https://www.forbes.com/sites/megangorman/2020/07/23/what-the-self-employed-need-to-learn-from-the-ppp-loan-process

forbes.com For many self-employed individuals, the Covid-19 pandemic has provided an additional lesson: education in the finances of having your own business, courtesy of the Paycheck Protection Program (PPP).

As small business owners, we know what it's like to get carried away in the daily rush of catering to our clients. However, it’s also important to remember to invest time back into your business in order to stay up to date with your filings. If you set aside just a few hours each month to organize all of the paperwork in your folders, categorize your receipts from the month, etc, you won’t have to do all 12 months at once!

Contact YIELD to see how we can help. https://www.yieldbookkeeping.com/contact-us/

A common mistake of small business owners is to commingle business and personal funds. It’s important to have a separate business checking account and credit card account for your business. This will make things a lot easier when it comes to managing your books and getting deductions organized for tax time!

Two things are certain in life: death and taxes. For a lot of people, there’s also a third certainty in life: the pain of managing receipts.

Thankfully there are now some pretty cool apps out there that can take the pain out of tracking your receipts!

Quickbooks, Receipt Tracker and Scan & Organize are just a few of our favorites! Do you use an app or website to help you organize receipts?

https://www.yieldbookkeeping.com/contact-us/

We love great reviews! ⭐️⭐️⭐️⭐️⭐️

Contact us so we can make you a happy client. 😃

https://www.yieldbookkeeping.com/contact-us/

Something that can help your bookkeeping go smoothly is making a change to accept digital payments from your customers if you don't already. Working with cash can seem more convenient, but when you're trying to look back and keep good records for tax time, it can become a little daunting and unorganized. Having an electronic "paper trail" is much better!

https://www.yieldbookkeeping.com/contact-us/

When Should You Hire a Bookkeeper?

Now! As a Business Owner, YOUR time is valuable, and should be spent growing your business, not preparing reports for yourself! If your Books are never up to date, never have the right deductions/tax shelters, you need Yield Bookkeeping!

https://www.yieldbookkeeping.com/contact-us/

Need some assistance with your business budgeting and cash flow? We can help. And have a great weekend!

https://www.yieldbookkeeping.com/contact-us/

If you love your bookkeeping services with Yield, the best thank you is a referral! Refer a friend or family member to Yield and we will give you $100 or a credit on your next service!

https://www.yieldbookkeeping.com

Have a Safe & Happy 4th of July from Yield Bookkeeping Services, LLC!

Business Owners - It costs money to make money, right? This is where a Master Bookkeeper like us can manage and streamline your accounts payable to MAXIMIZE your cash flow! Contact Yield to see how we can help you and get a free quote today!

https://www.yieldbookkeeping.com/contact-us/

BUSINESS TIP!: Take the time at least once a quarter to do a deep dive into your reports and make sure you are aware of exactly what’s happening in your business. Knowledge is power, and you can’t implement change for your business in positive ways without knowing what’s not working well for you.

Has your small business gone paperless? With the proliferation of cloud-based business tools and mobile apps, it’s easier than ever for small businesses to go paperless and organize everything on digital platforms. A paperless solution can also enable you to keep tighter and more efficient records come tax time.

https://www.yieldbookkeeping.com/

Our Story

Full service bookkeeping for DC area and South Florida small businesses. From bill paying to invoicing to providing financial statements. Accurate and Affordable! I am a long time resident of Ashburn VA and have over 20 years of Accounting and Bookkeeping experience. I can customize bookkeeping for your small business...no job is too small. Please contact me and we can discuss your business needs right away! Services provided include the following: o Full Charge Bookkeeping Services o Client Invoicing o Accounts Receivable o Vendor Payments o Accounts Payable o Bank and Credit Card Reconciliations o General Ledger / Payroll Entry o Sales Tax payments and returns o Inventory Management o Fixed asset management o Payroll including all tax filings o Purchase and sales orders o Journal entries Accounting Services: o Cash Flow / Budgeting o Financial Statements & Reports o Monthly, Quarterly Year-End Review o Financial Analysis o Prepare all reports needed for CPA at year end for tax purposes and audit Financial Reporting: o Income Statement o Balance Sheet o Cash Flow o Ledger Reconciliations Additional Services - Software and Setup: o Initial Set-up for New Companies o Chart of Accounts set-up o Generation of invoices and credit memos o QuickBooks software - Installation and set-up o Securing Client Data using backup procedures Yield Bookkeeping Services recommends Quickbooks software. Notary Public services I can also do long distance small business bookkeeping by utilizing dropbox for sharing information. Call today!

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Yield Bookkeeping

Category

Telephone

Address


22657 Narragansett Ter
Ashburn, VA
20148

Opening Hours

Monday 08:00 - 18:00
Tuesday 08:00 - 18:00
Wednesday 08:00 - 18:00
Thursday 08:00 - 18:00
Friday 08:00 - 18:00
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