Discover the Benefits of working with Sync-Up
Be Confident In
| Benefit | Sync-Up | Others |
|---|---|---|
| Financials That Work | ✔ | - |
| Growth-Focused Insights | ✔ | - |
| Trusted Financial Partner | ✔ | - |
| Stop Overpaying Taxes | ✔ | - |
| Eliminate Lost Deductions | ✔ | - |
| Stop Receipt Overload | ✔ | - |
| No More Bookkeeping Blues | ✔ | - |
Our Services
| Service | Description | Sync-Up | Others |
|---|---|---|---|
| Accounts Payable | Occassionally offered by traditional bookkeepers | ✔ | - |
| Asset Tracking | Not offered by traditional bookkeepers | ✔ | - |
| Audit Protection | Not offered by traditional bookkeepers | ✔ | - |
| Bill Pay | Occassionally offered by traditional bookkeepers | ✔ | X |
| Budget Planning | Not offered by traditional bookkeepers | ✔ | - |
| Cash Flow Monitoring | Not offered by traditional bookkeepers | ✔ | - |
| Catch Up Bookkeeping | Occassionally offered by traditional bookkeepers | ✔ | X |
| Expansion Planning | Not offered by traditional bookkeepers | ✔ | - |
| Expansion Planning | Not offered by traditional bookkeepers | ✔ | - |
| Loan Preparation | Not offered by traditional bookkeepers | ✔ | - |
| SecureDocs | Proprietary Sync-Up Bookkeeping Software - Not offered by traditional bookkeepers | ✔ | - |
| Tax Compliance | Not always offered by traditional bookkeepers | ✔ | - |
| Wealth Protection | Not offered by traditional bookkeepers | ✔ | - |
Premier Services
| Benefit | Sync-Up | Others |
|---|---|---|
| Dedicated Bookkeeper | ✔ | - |
| Tax-Ready Bookkeeping | ✔ | - |
| Performance Analysis | ✔ | - |
| Cash or Accrual Basis | ✔ | - |
| Unlimited 1:1 Meetings w/Account Representative | ✔ | - |
| Competitive Pricing High Quality Bookkeepers $75-$150/hr. Our cost is an average of $13.33/per day. For that you get a high-quality accounting team which includes a dedicated account representative, customer care representative, unlimited access to your accountant representative during normal business hours, and our response times are less than 24 hours. |
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| Business Analysis We are able to perform full business analysis of your business and provide you with valuable insights as to the financial health of your business. We can tell you by "line-item" what expenses are "out of line" and make recommendations on costs to reduce/eliminate. We also monitor your expense performance. When a "line-item" is out of optimal range, we raise a flag and notify you. |
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| Business Consulting due to our expansive and diverse personal experience in working within a number of different industries, we are able to provide insight into your business. We can tell you the things that work and those that don't work. We can help you understand the practicality of running your business vs the dream of running your business. |
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| Financial Advocate Our goal is to see you succeed and to help you grow. When you succeed, and when you grow so does Sync-Up. It is in our best interest to help you run a sustainable and financially healthy business. |
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| Trusted Financial Advisor We know more about the financial landscape of your business than you do b/c we constantly monitor your business performance. We are here to advise you. |
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| Traditional Bookkeepers only record transactions. They don't offer services such as planning, audit protection, wealth planning, business consulting, and more. |
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| Traditional Bookkeepers only provide monthly or quarterly financial statements We give you access to your finanicals all day - everyday! |
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Financial Data
| Benefit | Sync-Up | Others |
|---|---|---|
| No More Month End Reporting Delays. Get 24/7 access to your financial data with our seamless Coefficient integration. |
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| Easy to Understand. Simplistic, clear, and accessible for everyone! Detailed for accountants, bankers, and lenders! |
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| Centralized Financial Statements. Find all your financial statements and reports in a single, easy-to-access spreadsheet. |
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| Share Your Data. Share Financials with your accountant, banker, or investor! It’s as easy as sharing a file! |
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| Full Suite of Financials. Income Statement (P&L), Balance Sheet, Cash Flows and More. |
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| Real-Time Insights. Hourly data updates keep you ahead of the curve, giving you confidence and control over your financial decisions. |
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| All Sync-Up Reports are available 24/7/365 - no waiting on your bookkeeper or accountant. All Sync-Up Reports are refreshed hourly with data from Quickbooks Online. |
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Reporting Capabilities
| Report | Description | Sync-Up | Others |
|---|---|---|---|
| Financial Snapshot | Proprietary Report created by Sync-Up Bookkeeping | ✔ | - |
| Monthly Snap | Proprietary Report created by Sync-Up Bookkeeping | ✔ | - |
| Snap Graphs | Proprietary Report created by Sync-Up Bookkeeping | ✔ | - |
| Executive Summary | Never generated by a Bookkeeper. Usually have to pay an Accounting Firm a substantial fee to perform a business analysis and generate the Executive Report. We do this once per year for free. | ✔ | - |
| Expense Summary | Proprietary Report created by Sync-Up Bookkeeping | ✔ | - |
| Purchase Summary | Proprietary Report created by Sync-Up Bookkeeping | ✔ | - |
| Indirect Expense Summary | Proprietary Report created by Sync-Up Bookkeeping | ✔ | - |
| Performance Ratios | ✔ | - | |
| Income Statement | Generated by most bookkeepers on a monthly basis, sometimes only on a quarterly basis. Usually this is the only report generated by the bookkeeper. | ✔ | X |
| Balance Sheet | Rarely, if ever, generated by bookkeepers. | ✔ | - |
| Cash Flows | Rarely, if ever, generated by bookkeepers. | ✔ | - |
Valuable Resources
| Resource | Description | Sync-Up | Others |
|---|---|---|---|
| Tools | A catalogue of free tools that are designed to help the new or experienced small business owner. Free calculators to calculate ROI, Loan Interest, Depreciation, Cost to Startup, and more. | ✔ | - |
| Blog | Educational articles targeted to small business owners trying to understand the basics of bookkeeping, business ownership, taxation, and more. | ✔ | - |
| Guides | Free guides to help business owners grapple with specific subjects such as dealing with an Audit, planning for retirement, converting from a Sole Prop to LLC, and more. | ✔ | - |