Accurate, reliable, and cost-effective bookkeeping is the backbone of a successful small business.
Our managed bookkeeping services provide you with continually maintained records to enable you to make informed business decisions based on accurate financial insights from budgeting to scaling operations, compliance with tax regulations, and improving credibility with investors and lenders, making it easier to secure funding when needed.
Our dedicated bookkeepers and systems keep your business financially healthy and efficient so you can focus on growing your business and overall profitability.
Keeping your financial records in order is the foundation of a healthy, profitable business—and we’re here to make it simple and stress-free. At Launch Industries, we provide accurate, reliable, and cost-effective bookkeeping services tailored to your unique needs, no matter your current situation. Whether you’re satisfied with your current system, unsure about the state of your books, or ready for a professional to take over, we offer flexible solutions to meet you where you are.
From free assessments and monthly Profit & Loss (P&L) reviews to fully managed bookkeeping, budgeting, and compliance support, our services deliver the financial insights you need to make informed decisions. We also partner with accounting firms and offer DIY-supported options, ensuring your books are always accurate and organized.By keeping your business financially healthy and efficient, we help you improve credibility with investors and lenders, stay tax-compliant, and scale operations confidently—all while giving you the freedom to focus on growth and profitability. Let us take the stress out of bookkeeping, so your business can thrive!
Where are you right now?
Every business is unique. Find your scenario and discover the perfect solution.
Great! If you're satisfied with the state of your books, there's no need to make a change—unless you'd like to see how we compare. Feel free to reach out for a competitive quote!
Get Competitive Analysis
Book a call with us for a free assessment. We'll review your books together and provide insights on what we see.
Get Free assessment
Let us help! Schedule a meeting, and we'll provide a free quote to get your books back on track.
Get Competitive AnalysisEven if you like your bookkeeper (or don’t), we offer a monthly Profit & Loss (P&L) review. Together, we’ll review your financials and provide actionable feedback to help you communicate better with your bookkeeper.
Get Competitive AnalysisCapabilities
/ Transaction Categorization
Our team meticulously categorizes all your financial transactions, giving you a clear picture of your income and expenses. This ensures your financial data is well-organized and provides accurate reporting for decision-making.
/ End-of-Month Reconciliation
We perform monthly reconciliation of your bank and credit card statements with your accounting records. This process ensures the accuracy and completeness of your financial data while quickly identifying and resolving any discrepancies.
/ Controller Services
Our controller services provide oversight and management of your financial operations. From supervising general ledger activities to preparing and analyzing monthly financial statements, we ensure your financial processes are efficient and compliant.
/ Accounts Payable
We manage your vendor invoices and payments, ensuring timely processing and reconciliation of accounts payable. Our team also interfaces with collection agencies, if necessary, to maintain smooth financial operations.
/ Accounts Receivable
Our accounts receivable services include managing customer invoices and collections to ensure timely and accurate payments. We also assist in resolving billing disputes and liaise with collection agencies as needed.
/ Tax Filings
We handle tax compliance, including the preparation and filing of excise and Department of Revenue (DOR) tax returns. Additionally, we support employer tax filings and collaborate with your CPA to ensure seamless tax reporting and filing.
/ Monthly P&L Review
We conduct monthly reviews of your Profit & Loss (P&L) statements to provide insights into your financial performance. This helps identify trends, opportunities for cost savings, and adjustments to keep your business on track.
Book a call!
LET's Talk!Partner with us
Book a free call with us. Bring your existing records—whether it’s a spreadsheet, a folder of receipts, or even just notes—and we’ll help you get started.
We have DIY-Supported Bookkeeping. If you prefer to manage your own books but need guidance, we offer DIY support. Meet with us 1–2 times a month to review your books, improve your processes, understand your P&L, and avoid common pitfalls.
As we expand our bookkeeping team, we'll be looking for skilled bookkeepers. Contact us to discuss opportunities.
Outsource your bookkeeping to us! Partner with us to handle your bookkeeping needs. Contact us to explore collaboration options!
We always need great CPAs to refer clients to. Get in touch!
ook a call for a free finance consultation.
Dedicated Finance Experts
Our team of experienced bookkeepers provides personalized support tailored to your business. Skilled in QuickBooks, financial reconciliations, and customer relations, we ensure accurate and efficient bookkeeping. We also collaborate with your CPA to maintain compliance and readiness for tax filing.
Connie Saffold
Full Charge Bookkeeper & Excise Tax Filings
Liberty Tanghal
Full-Charge Bookkeeper & Controller
Monica Colgan
Launch CEO & Principal Consultant
Robin Roskind
Financial Strategist & CFO-to-go!
The Tools We Trust
We recommend and utilize industry-leading software to ensure accuracy, efficiency, and transparency in our bookkeeping services.
Gusto
A comprehensive HR platform, Gusto streamlines payroll, benefits, and compliance for small businesses, while offering tools for onboarding, time tracking, and employee management.
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Quickbooks (QBO)
QuickBooks Online is a cloud-based accounting software that helps businesses manage finances, track expenses, send invoices, and generate reports.
Wave
Wave Accounting is a free, user-friendly bookkeeping software tailored for small businesses, freelancers, and entrepreneurs. It offers features like expense tracking, invoicing, receipt scanning, and financial reporting. Wave also provides optional paid services such as payroll and payment processing. Its intuitive interface and seamless integration with bank accounts make it a popular choice for businesses looking to streamline financial management without incurring high costs.
Real Results for Real Businesses
Our bookkeeping services have helped businesses across various industries streamline their financial processes, improve compliance, and make informed decisions. Stay tuned for detailed case studies showcasing how our services have positively impacted businesses like yours.
FREQUENTLY ASKED QUESTIONS
What bookkeeping services do you provide?
Launch's monthly finance review service is a valuable opportunity to educate clients about their business's financial health and empower them to make informed decisions. Here’s how it benefits clients in terms of education:
- Understanding Categorized Transactions
During the review, clients learn how their financial transactions are categorized and what this means for their financial performance. Bookkeepers explain income and expense trends, providing clarity on where money is being earned and spent. This helps clients gain a clear picture of their financial data and improves their ability to track business performance. - Insights from Financial Forecasting
Bookkeepers share financial forecasts, including projected profit and loss statements and cash flow projections. Clients are educated on how these forecasts are created and how to use them for planning future business activities. This enables clients to anticipate potential financial outcomes and align their strategies accordingly. - Identifying Risks and Opportunities
The monthly review often includes an analysis of financial risks and areas for growth. Bookkeepers guide clients in interpreting these insights, helping them understand how to mitigate risks and capitalize on opportunities. This education equips clients with the knowledge to make proactive, strategic decisions for their business. - Reviewing Financial Statements
Key financial statements, such as income statements and balance sheets, are carefully reviewed with clients. Bookkeepers educate clients on how to read and interpret these documents, ensuring they understand the financial position of their business. This knowledge is critical for making sound operational and investment decisions. - Cash Flow Management and Planning
Bookkeepers provide guidance on cash flow management, teaching clients how to monitor and optimize their cash flow. Clients learn strategies to ensure sufficient liquidity for daily operations and growth initiatives, which is vital for maintaining business stability. - Empowering Clients to Make Informed Decisions
By explaining financial data in simple, actionable terms, bookkeepers empower clients to take ownership of their financial decisions. This includes understanding how to allocate resources effectively, manage expenses, and plan for long-term goals.
Through this education-focused monthly review, clients not only maintain accurate financial records but also develop the knowledge and confidence to drive their business toward success.
What is Transaction Categorization, and why is it important?
Transaction Categorization is the process of accurately assigning each financial transaction to a specific category (e.g., income, expenses, assets) based on your business's chart of accounts. This practice provides you with a clear, organized view of your income and expenses, which is essential for maintaining accurate financial records and making informed business decisions.
Why Does This Matter for New Business Owners?
- Improves Financial Clarity:
By categorizing transactions, you gain a clear overview of your cash flow. This helps you monitor how money moves in and out of your business, allowing you to identify trends, control expenses, and plan for growth effectively. - Enables Better Decision-Making:
Organized financial data enables you to generate accurate reports, such as profit and loss statements and cash flow summaries. These insights help you make informed, strategic decisions about your business operations. - Streamlines Tax Preparation:
Properly categorized transactions allow you to easily identify deductible expenses, ensuring you claim all applicable tax benefits. Additionally, this practice reduces the time and effort required to gather supporting documentation during tax season, making the process smoother and less stressful. - Leverages Historical Data:
Tools like QuickBooks Online provide features such as "Categorization History," which lists how previous transactions with the same vendor or customer were categorized over the past 12 months. This helps maintain consistency in your financial records.
How It Helps at Tax Time
When your transactions are accurately categorized:
- Generating tax reports becomes faster and more reliable.
- You minimize errors and reduce the risk of missing deadlines or paying penalties.
- Working with your CPA or tax preparer becomes more efficient as they can directly access well-organized financial data
For example, QuickBooks Online uses your categorized transactions to summarize income and expenses in your financial statements. This ensures that your tax filings are accurate and complete, providing peace of mind at tax time.
Conclusion
For new business owners, Transaction Categorization is not just a bookkeeping task—it’s a crucial foundation for understanding your finances, maximizing tax benefits, and fostering long-term business success. By keeping your financial data organized and accurate, you’ll be better equipped to handle tax preparation and make strategic decisions to grow your business
Tools and Guides to Support Your Success
Explore our library of resources, including guides on financial management, tax compliance, and bookkeeping best practices, to help you grow your business with confidence.