Asma S.

One of my strengths is my natural interest in the flow of business money—where income comes from, where expenses go, how transactions affect profitability, and what financial records reveal about a business. I believe bookkeeping is more than data entry. It is about understanding the financial picture, maintaining accurate records, and helping business owners make informed decisions. My knowledge of U.S. tax preparation also helps me understand why proper bookkeeping, expense categorization, reconciliations, and organized supporting documents matter during tax season. I focus on helping real estate investors, landlords, property owners, and small businesses maintain organized financial records, prepare reliable reports, and keep their books organized for tax preparation. 🏠 Real Estate Bookkeeping I am developing my specialized bookkeeping services around real estate, with a focus on rental property accounting, property-level tracking, and financial reporting. My services include: - Rental income and expense tracking - QuickBooks Online setup and Chart of Accounts organization - QuickBooks Online class tracking to categorize financial activity by property or business segment, where appropriate - Property-level income and expense categorization - Bank and credit card reconciliation - Mortgage payment and interest transaction tracking - Property purchase and closing document organization - Repairs, maintenance, insurance, utilities, and property tax expense tracking - Owner contributions and distributions - Profit & Loss and Balance Sheet reporting - Month-end bookkeeping and account review - Organizing rental property records for tax preparation My goal is to help you understand how each property is performing financially and maintain well-organized records throughout the year. 🇺🇸 U.S. Tax Preparation I provide U.S. tax preparation support with a focus on accurate information entry, supporting documentation, tax forms, and review procedures. My tax preparation knowledge includes: - Form 1040: Individual income tax returns - Schedule C: Business income and expenses - Schedule E: Rental real estate income and expenses - Form 1065: Partnership tax returns - Form 8825: Rental real estate income and expenses for partnerships and S corporations - Form 1120-S: S corporation tax returns - Form 1120: C corporation tax returns - Supporting schedules, Schedule K-1s, and depreciation-related documents - Tax document organization and information gathering - Tax return review, error checking, and prior-year comparison - ProSeries tax software I understand the importance of keeping bookkeeping records consistent with the information reported on tax returns. I aim to help organize the financial information and supporting documents needed for an efficient tax preparation process. 📚 Bookkeeping & Accounting Services In addition to real estate bookkeeping, I can assist businesses with maintaining accurate and organized accounting records. - QuickBooks Online and QuickBooks Desktop - Xero and Wave - New company file setup and Chart of Accounts - Bank and credit card reconciliation - Catch-up and cleanup bookkeeping - Income and expense categorization - Accounts Payable and Accounts Receivable - Invoice and bill management - PayPal and payment-platform reconciliation - Profit & Loss and Balance Sheet reporting - Month-end bookkeeping and account review - Multi-account bookkeeping 🏗️ Construction Bookkeeping Support For construction-related businesses, I can assist with organizing financial transactions and supporting records, including: - Contractor and subcontractor expense categorization - Job- and project-related expense tracking - Materials, supplies, and equipment expense organization - Vendor bills and payment tracking - Bank and credit card reconciliation - Project-related financial record organization - Financial reporting support 🧾 Bookkeeping Cleanup & Financial Record Organization If your books are behind, disorganized, or contain discrepancies, I can help organize transactions and identify items that require further review. - Catch-up bookkeeping - Historical transaction categorization - Duplicate transaction identification - Bank reconciliation discrepancy review - Undeposited Funds and clearing-account review - Incorrectly categorized transaction review - Prior-period bookkeeping corrections, as appropriate - Organizing bookkeeping records for tax preparation 🛠️ Software & Tools - QuickBooks Online - QuickBooks Desktop - Xero - Wave - ProSeries - Microsoft Excel - Buildium - PayPal - Shopify - Amazon