Monthly Bookkeeping Service A month that ends on a day you can name.
Steven Palmieri, a Tax CFO and the Entrepreneur's CFO, closes the month with you and puts the statements in your hands on a day you already know.
Name the open month.
We need the earliest month that still has no finished page. A later month cannot be finished while that earlier one is loose.
You will be talking to the Steven Palmieri practice.
After the count, someone has to decide the year.
A bookkeeping service gets the month to the tenth. The Tax CFO reads what the tenth says, month after month, and tells you in October what the year can still be. That reading covers pay you take, an election still open, a purchase not yet made, and a payment not yet sent. The date is the floor. The reading is why the date matters.
What the first day needs.
Feeds and statements first.
Click to see the first day ›Tap to see the first day ›
Questions only you can answer.
A deposit only you can name.
Click to see the questions ›Tap to see the questions ›When no day arrived.
Hours logged, and no finished month.
Click to see the open year ›Tap to see the open year ›Who keeps the month.
Steven Palmieri and the team.
Click to see who keeps it ›Tap to see who keeps it ›Older months come first.
The older month closes first.
Click to see older months ›Tap to see older months ›Name a time.
Bring the earliest open month.
Click to name a time ›Tap to name a time ›Six snags that keep a month open.
Open a snag. Each one names who answers it, and what has to be true before the month can close.
1The bank feed went quiet
We ask which account stopped
A quiet feed leaves charges with no name, and a month cannot close on unnamed charges.
2A deposit might be a loan
We leave that question with you
Only you know whether the money was a sale, a loan, or cash you moved from another account.
3A bill is larger than usual
We hold it until you name it
A large bill can be supplies, a tool you will keep, or a personal cost that does not belong.
4Owner pay looks like a vendor
We split money in from money out
Mixing those lines makes the month look like a loss or a profit the cash did not earn.
5An older month is still open
We name that month before a new one
A new close stacked on an open month is a story with a hole in the middle.
6Payday is mixed into the close
We set payday up on your provider
The close reads the registers. It does not run payday, and it does not replace the provider.
The month on this site is kept with Steven Palmieri in the role of Tax CFO and in the role of the Entrepreneur's CFO.
We keep the month, the statements, and the short list of questions only you can answer.
The month, one part at a time.
What the six paths say in full.
The first day still needs feeds that are awake, statements that are saved, and a receipt for anything the feed cannot name.
A deposit that might be a loan, and a bill above the line you set, are questions only you can answer.
A year of task lists and hours can pass, and still no day the month actually ended.
Steven Palmieri and the team keep the month on a shared screen, with the statements as the work.
A new close on top of an open month is a page with a hole under it.
Bring the earliest unfinished month. You will name a slot only after that month is in mind.
What has to be true on the first.
The month starts when the feeds are awake and the statements are saved. A feed that went quiet does not name the charges that landed while it slept. Those charges need a receipt, or a note from you, or they sit in a pile the statements cannot explain.
A loan needs the lender's own statement, not a guess copied from the bank line. A card needs its own list. If one of those is dark, say which one on the form. We do not invent a name for a charge you have not seen.
The first days are for gathering. They are not yet a story about profit. Profit is what the page says later, after the unnamed items have a home and the balances agree.
What you are asked on the fourth.
A few questions can only be answered by the person who was there. A deposit might be a sale. It might be a loan. It might be cash you moved from another account you already own. The bank line looks the same in all three cases.
A bill that is larger than the usual run might be supplies, a tool you will keep for years, or a personal cost that does not belong in the business. You set the size that should trigger a question. We hold that line.
The fourth is not a meeting about the whole year. It is a short list. Once those answers are in, the month can finish without a second round of mystery items.
What the page holds when the month closes.
The page has three things. A profit and loss for the month that just ended. A balance sheet on the last day of that month. One line about what changed since the prior close.
The change line is where a quiet feed, a large bill, or a deposit you had to name shows up in ordinary words. Amounts stay on the statements. The line says what moved, not a speech about it.
There is no task list beside that page, and there is no grid of optional extras. If you want to know what last month would have said, that is the page we are talking about.
What this work leaves out.
An audit, a review, a compilation, or any report that assures a lender is a different engagement. We say so before anyone treats the monthly page as that report. When a lender wants a signed opinion, that request leaves this offer and goes to a firm built to sign.
The pay run itself remains on the service that already pays your people. Setup can sit beside the month. The run itself does not. A proposal that sold a bundle of add-ons is not how this offer is shaped. If one of those showed up in a quote you received, name it.
The limit is written once, on the disclosures page, in a section of its own. The rest of this site is about the month, not about repeating that limit in every paragraph.
When an older month is still open.
A new close on top of an open month is a story with a hole in the middle. If February is still open, a page for May is not a promise. The older month has to close, or the later page is fiction.
Catch-up is its own dated project. It is not a discount folded into the regular month, and it is not a smaller version of the same offer. It has a start, the oldest open month, and an end, the last month that still needs a name on every odd item.
Name that oldest month on the form. Statements for the open stretch, receipts the feed cannot name, and loan payments that were booked as ordinary costs all belong to that project. When it is done, the regular day can start.
How a return uses months that already closed.
A return is easier to trust when the months under it already tie to the bank. The totals on the return then come from pages you have already seen, not from a reconstruction done in a hurry at filing time.
An estimate during the year is the same idea at a smaller scale. It reads the closed months and says what they imply. It is not a guess built from last year's bill divided into four.
If a notice arrives, the closed months are what we pull first. The notice is easier to answer when the file can show where a number came from. The work of answering is a separate conversation from the monthly page.
Owner pay inside the month.
Money you put into the business and money you take out are different lines. If the money you take is booked like a vendor bill, the month looks poorer than the cash was. If a personal deposit is booked as a sale, the month looks richer than the work was.
We separate those lines when we see them, and we ask when a deposit could be either thing. We do not redesign how you pay yourself every month. A change waits unless cash is tight enough that waiting would be the risky choice.
Say how you pay yourself now, in plain words, if you want that look on the first call. The answer changes what the statements mean. Owner pay can be sorted without moving the day the statements are due.
A plan while the year is still open.
Some choices can still change the year if they are made while the year is open. A purchase, the pay you take, and the amount set aside all make more sense once the bank and the books already match.
After the year is closed, the same choice is only a fact to record. That is why the monthly page matters before the filing month, not only as a stack of paper for the preparer.
We do not print a rate on this site, and we do not invent a result for a company we have not seen. The plan is a conversation about your closed months. Bring the decision that is still open.
Payday setup beside the close.
Setup means the company is on a provider you already run, with the records that provider asks for in place. The monthly page can then read that provider's registers the way it reads a bank.
The page does not run payday. Approval of each run stays on your own calendar. Deposits of payroll tax stay with the provider's service once setup is finished. We do not describe those deposits here as if we operated them.
Say it plainly when no pay service is in place yet. Setup is a real piece of work with its own start. It is not a line item hidden inside the close, and it is not a promise that payday will appear by itself.
Bring the oldest month.
If the last close is recent, we can talk about the next one. If older months are still open, that work comes first.
You will be talking to the Steven Palmieri practice.