Manage your business

Bookkeeping

Stay ahead of your business bookkeeping needs with our bookkeeping plans.

Varies by income
Contact sales

"I'm happy you guys are aware of start up requirements. You are able to take care of essentials that I did not how to do."

Monica L.
SWEET TOOTH LLC.

"Prompt, efficient, easy - especially for those with either too little time or too little experience. It is an essential tool in the business toolbox. Everything that helps make a business move with little or no friction is ideal

dANNY y.
PICTURE PERFECT LLC.

"Jumpstart has created the optimal experience for a new business owner such as myself. Online LLC setup and annual report filing was very simple to do! Thanks again."

khelton c.
gamers pub llc.

Bookkeeping Basics

What is Bookkeeping?

Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business. Transactions include purchases, sales, receipts, and payments by an individual person or an organization/corporation.

Here's what you need to know:

  • Understand business accounts.
  • Set up your business accounts.
  • Decide on a bookkeeping method.
  • Record every financial transaction.
  • Balance the books.
  • Prepare financial reports.
  • Stick to a schedule.
  • Store records securely.

In general, a bookkeeper records transactions, sends invoices, makes payments, manages accounts, and prepares financial statements. Bookkeeping and accounting are similar, but bookkeeping lays the basis for the accounting process—accounting focuses more on analyzing the data that bookkeeping merely collects.

Importance of Bookkeeping

Bookkeeping Helps You Budget

Bookkeeping is important because it helps you budget. When income and expenses are properly organized, it makes it easier to review financial resources and expenses. With a budget, you can plan for future expenses and the anticipated resources that would cover those expenses.

Creating Accountability and Transparency

Accountability and transparency are another benefit of bookkeeping. Bookkeeping allows you to search up transactions to confirm prices or payments previously made which creates accountability.

Accurate Data

Bookkeeping also allows business owners to make informed decisions about their business as it provides “hard data”. This hard data is all about information about the progress or financial position of the business that is accurate and clear.

APPLICATION & RENEWAL

Pricing

Get Started
NEW ITIN APPLICATION
$550
One time fee
EXISTING ITIN RENEWAL
$200
Every 3 years

FAQs

Find answers to frequently asked questions

Why do I have to pay annually?
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Other companies might offer one time payment today but charge you later for fees to keep your business compliant. If you don't pay the fees, your business may fall out of compliance with the state and you'll be charged hefty penalty fees. We want to help you avoid that. That's why with us, your annual payment goes toward your registered agent service, maintaining your US address, scanning your mail, and filing any required documents for your company to keep it current throughout the year so you don't have to worry about legal paperwork. Our goal here is to help you avoid dealing with any of the paperwork or headaches of maintaining compliance so you can focus on what you do best: your business.
Do I need to visit the USA to open a bank account?
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Nope! We handle everything remotely. You'll just need to provide your passport as identity verification and we'll work directly with the bank to open your account.
Do you help with taxes?
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We work with our partners to help provide you with an easy way to file your taxes. Our partner GBS Tax Services has packages based on revenue. A 100k/yr company will cost around $750 to file. We also help our Pro plan customers with a free CPA assessment and free bookkeeping up to 10k in revenue. We recommend clients who file with us to purchase accounting services elsewhere so that they can obtain the personalized service they need for their business. But if you're looking to just get a high-level overview of the expected costs, our team estimates a standard tax return for a small business generating less than 100k in revenue to be anywhere from $175 to $820.
What do I need to get started?
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To get started, simply fill out our online form, submit your payment, upload your documentation and we'll handle the rest.​
Do I need to be a U.S. Citizen with an SSN to use Jumpstart?
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No, you don't need to be a U.S. Citizen with an SSN to use Jumpstart. We support non-residents from over 175+ countries. If you do have an SSN, let us know and we can expedite your application.
Why should I start a U.S. Company?
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Most of our clients start U.S. companies to access the U.S. market, reduce their personal liability, and access U.S. payment/banking infrastructure.

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