BMG Bookkeeping LLC

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United States
Gillette, NJ
BMG Bookkeeping LLC

Helping US based small business owners maintain accurate financial records. I'm Beth, President of BMG Bookkeeping LLC. Bookkeeping, for me, is a 2nd Career.

I am a small business owner who is passionate about helping other small business owners and nonprofits maintain accurate financial records. I understand the struggle that comes with maintaining your “books”. Your love and passion for your business or organization comes easy but the record keeping, not so much. I can help you solve your bookkeeping headaches. I can help organize finances, monitor c

ash flow, eliminate guesswork with data entry and, at the end of the day, I can provide peace of mind. My goal is to help you stop worrying about your bookkeeping. That time can be better spent focusing on your business, serving your customer base, or spending time doing what you love. It came after 25 years of working in the hospital system as a cardiac/telemetry and maternal/newborn RN. It was my love of numbers, budgeting, and creating order out of the chaos that led me to bookkeeping. The more I learned the more I loved it. It is a very different career path but nursing prepared me well for this new role. I am detail-oriented and organized. I am trustworthy and reliable. I manage my time well and am easy to work with. The transition from RN to bookkeeping professional was gradual. After working with a local business managing their books, I successfully completed the Bookkeeper Launch course and became a certified Quickbooks Advanced ProAdvisor. I opened the doors of BMG Bookkeeping in 2022. I am continually seeking out opportunities to educate myself and stay current with best practices. I provide exceptional service and can’t wait to meet you! If you are in need of accurate and reliable bookkeeping please feel free to contact me.

02/20/2024

I know how stressful managing your business finances can be.

That's why I strive to give my clients the BEST experience possible!

Your kind words mean the world to me, and I am thrilled to have played a part in your success.

01/01/2024

Happy New Year! 🎉 May the upcoming year be filled with success, prosperity, and exciting opportunities.

Here's to new beginnings and continued growth! Wishing everyone a fantastic year ahead!

12/31/2023

You're putting value out there, serving your customers and making an impact, and for that, you should give yourself a pat on the back, raise a glass and celebrate all that you've achieved in 2023!

Tag your friends below!

12/29/2023

As we approach the end of the year, I want to extend a heartfelt THANK YOU to all of my amazing clients and supporters!

I couldn't have made it through the past year without everyone's incredible support!

Wishing you all a joyful holiday season and a prosperous New Year!

12/28/2023

New Year, New Goals!

What resolutions are you making to level up yourself and your business in 2023?

Let's make 2024 your best year yet! Let's go!

12/27/2023

When you reach the end of an accounting period, you need to "close the books."

At a minimum, you will close your books annually because you have to file a tax return every year, and you should prepare annual financial statements as well.

Here's a simplified guide for small business owners:

1. Review all your transactions. Ensure all entries are accurate and categorized correctly.

2. Reconcile all your accounts. Match bank statements with your records for accuracy.

3. Create adjusting entries. Make any necessary adjustments for accruals or prepayments.

4. Generate income statement and balance sheet. Ensure your records are tax-ready for the upcoming season.

By closing your books regularly (monthly, quarterly, or annually), you can ensure the statements from the previous reports do not affect the current terms, which could produce an inaccurate report on the state of your business accounts.

Bookkeepers and accountants often do these steps and use professional accounting software to reduce errors.

Have you been trying to keep up with your bookkeeping but are not sure that you have been doing it correctly?

You can have better insights into your finances through my bookkeeping services. Schedule a call to learn more.

12/25/2023

From our team to yours, have a Merry Christmas! 🎄Wishing you joy, peace, and unforgettable moments with your loved ones.

Thank you for your support during the past year.

12/22/2023

In the hustle and bustle of life, may you find moments of peace, and in the company of loved ones, may you discover the true magic that this season brings. ✨

12/21/2023

Your accounting books should be organized, up-to-date, and ready for the transition into the new year.

Make sure you check these eight procedures off your year-end accounting closing checklist before the year officially comes to a close.

Are your books ready for year-end?

If you find yourself feeling burned out and out of alignment with your business, it's time to outsource some tasks to professionals, starting with bookkeeping.

Give me a call to learn more about how I can help manage your business finances and more!

12/20/2023

As entrepreneurs who deal with an excessive amount of stress, responsibility, and uncertainty, it can be challenging to stay motivated and focused on your goals.

So here are 3 powerful shifts to help boost your ability to maintain the drive and clarity needed for continued growth and success.

Which mindset shift resonates with you the most? Comment below!

12/19/2023

The Internal Revenue Service recently announced a delay in reporting thresholds for third-party settlement organizations set to take effect for the upcoming tax filing season.

As a result of this delay, third-party settlement organizations like Venmo, Paypal & Cash App will not be required to report tax year 2023 transactions on a Form 1099-K to the IRS or the payee for the $600 threshold amount.

Reporting will not be required unless the taxpayer receives over $20,000 and has more than 200 transactions in 2023.

The $600 threshold will go into effect for tax year 2025, and taxpayers over the limit can expect to receive a 1099-K at the beginning of 2026.

Stay up to date - follow us for a wealth of bookkeeping and tax tips and business advice.

12/18/2023

Staying focused in the midst of the hectic holiday season can seem like a daunting task.

You have that huge list of things to do outside of work, so how can you focus and stay productive?

Here are 5 tips to increase productivity during the holidays so you can enjoy yourself and still get things done.

What's your go-to productivity tip during the festive season?

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Gillette, NJ

Website

http://www.bmgbookkeeping.com/

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