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About Bookkeeper’s Corner

For over eleven years, Owner Bob Tomasello has built a solid reputation working in the accounting field. He is committed to providing quality service to the community. He believes that a reputation as an honest and reliable business is the recipe for success. While others seek to profit by cutting corners, or recommending unnecessary services to customers, Bob feels that a good reputation and consistent service will reap bigger profits in the long run. By being trustworthy, Bob also believes that they will enjoy a long term profitable business that serves the community.

Bob grew up in Massachusetts, and has always had a head for numbers. His passion for numbers is now an attribute to help others. He is also a Certified QuickBooks Pro Advisor.

Along with Bob there is a team of Accounting Professionals to assist you in your accounting needs.

For more information, send us a request on our Contact Us page, or call (781) 871-0207.

What is Bookkeeping?

Bookkeeping, commonly referred to as keeping the books, is the process of keeping full, accurate, up-to-date business records. Proper bookkeeping can help businesses effectively manage cash flow, stay abreast of profits and losses, and develop plans for the future based on financial trends. Furthermore, accurate bookkeeping is required by both federal and local tax agencies.

Bookkeeping involves making a record of the monies received by a business as well as the monies paid out. It encompasses money a company owes to vendors, employees, tax agencies, contractors and any other individual or entity. Likewise, accurate records of amounts owed to a company by outside individuals and organizations are also recorded in a company's books.

Though necessary and beneficial to business owners, the task of bookkeeping can be very time consuming. With no exceptions, every monetary amount that is paid or received must be recorded. Additionally, accuracy is of the utmost importance, making keeping the books in a rushed manner a very bad idea. As business owners are often lacking in time, many choose to hire bookkeepers to keep company records well maintained.