Bookkeeping Services for Dance Studios

Bookkeeping and Accounting for Dance Studios

In search of a bookkeeper and accountant for your dance studio? At Accracy Accounting, we handle your books so you can spend more time choreographing masterpieces. Give us a spin for free.

* No Debit/Credit Card Required
Accracy Bookkeeping and Accounting Services for Dance Studios
Accracy Accounting QuickBooks Certified ProAdvisor
Accracy Accounting Xero Certified Advisor
Accracy Accounting Gusto Payroll Certiication
Accracy Accounting Fathom Certified Advisor
Accracy Accounting Karbon Certified Expert
Free 1 Month Bokkeeping Trial

New Customer Offer

We are offering free 1 Month Basic Bookkeeping to all new customers so you can experience Accracy's seemless and professional services.

* No Debit/Credit Card Required

How Accracy works with Dance Studios

In search of a bookkeeper and accountant for your dance studio? At Accracy Accounting, we handle your books so you can spend more time choreographing masterpieces. Give us a spin for free.

Accracy Accounting CPA CA Oversight
We get you set up

Our dedicated team takes the time to fully appreciate your dance studio's unique needs, responding to your inquiries, assisting you in linking your accounts, and demonstrating how Accracy integrates with your operations.

Accracy Accounting Digital Fluency
We do your bookkeeping

Every month, your dedicated bookkeeper swiftly organizes all your dance studio transactions and compiles comprehensive financial statements. If any additional information is required from your side, they'll promptly reach out to you.

Accracy Accounting One-on-one expert support 24/7
We deliver tax-ready financials

Every month, your dedicated bookkeeper swiftly organizes all your dance studio transactions and compiles comprehensive financial statements. If any additional information is required from your side, they'll promptly reach out to you.

Here’s why Dance Studios like you trust Accracy with their bookkeeping and accounting

Get fast, unlimited support for Dance Studios with Accracy Accounting and Bookkeeping Services

Get fast, unlimited support from our expert advisors

We maintain regular communication, providing consistent updates related to your dance studio's bookkeeping needs. Do you have urgent questions that simply can't hold off? We'll ensure our response time is within one business day or less.

Guaranteed accuracy in every detail for Dance Studios with Accracy Accounting and Bookkeeping Services

Guaranteed accuracy in every detail

Our platform streamlines your bookkeeping by automating data inputs from most major providers, helping to prevent common errors. We work hand in hand with payment platforms like Stripe, Shopify, Square and many others — ensuring your dance studio's finances are always spot-on.

Make Smart Decisions for Dance Studios with Accracy Accounting and Bookkeeping Services

See where you’re spending. Make smart decisions

Say farewell to mountains of receipts and long hours devoted to manual financial organization — Accracy Accounting provides effortless automation directly from your linked accounts. Gain insights from a single, centralized dashboard specially tailored for dance studios. This allows you to quickly grasp the financial wellbeing of your studio and make informed, strategic decisions.

We know bookkeeping for Dance Studios at Accracy Accounting

Bookkeepers for Dance Studios

Dance studios, similar to other businesses, tend to grapple with industry-specific bookkeeping challenges such as complex payroll due to different types of employees (full-time, part-time, contracted instructors), seasonal income fluctuations, class package management, and unique tax deductions (equipment, floor maintenance, costume expenses). Wrestles with these complexities can divert precious time and energy away from your dancing passion itself. This is how Accracy Accounting steps in to help. We tackle the demanding task of financial management for dance studios by harnessing the power of intuitive software paired with our human expertise.

Our team of knowledgeable bookkeepers understands the dance industry's specific laws and tax considerations. For instance, we know how to classify your various workers correctly for maximum tax benefits, navigate your seasonal income ebbs and flows, and handle deductions specific to your industry like studio maintenance or costume expenses. The dance studio-focused bookkeeping system Accracy offers ensures your compliance with the laws and regulations while optimizing your tax scenario. We make it our job to relieve you of the bookkeeping burdens, leaving you to focus wholly on what you do best - teaching dance. Through Accracy, bookkeeping for dance studios is choreographed like a perfect ballet — all rhythmic, precise, and harmonious.

Accracy Pricing

Simple, straightforward bookkeeping pricing for everything your business needs.

Join over 1000 business owners who have streamlined their finances and have grown their businesses with Accracy.

Basic

Starting from
$300 / month
  • Dedicated Bookkeeping Experts
  • Accurate Books with Year-End Financial Records Ready for Tax Season
  • Automating Your Processes Through QuickBooks, Xero and others
  • Accrual or Cash basis accounting
  • 24/7 Support
  • Unlimited communication with your bookkeeping team
Contact Us

Catch Up Bookkeeping

$50 / Hour
  • Accurate Books with Year-End Financial Records Ready for Tax Season
  • Automating Your Processes Through QuickBooks, Xero and others
  • Accrual or Cash basis accounting
  • 24/7 Support
  • Unlimited communication with your bookkeeping team
Contact Us

Executive

Customized Pricing

Everything in Basic plan +

  • Dedicated Account Manager
  • Full-Cycle Bookkeeping
  • Sales Tax
  • Payroll
  • Accounts Payable
  • Accounts Receivables
  • Full Support Team
  • + Additional Customized Services

Schedule a Meeting

Tech Startup

$300 / month
  • Monthly Accrual Bookkeeping in QBO
  • 1 Bank Account
  • 2 RAMP Cards
  • Bi-Weekly Payroll (2 employees)
  • Approximatly 30 monthly transactions
  • Employee Expense Reimbursements
  • Multi Currency (USD & CAD)
Contact Us

Resturant

$1,200 / month
  • Monthly Accrual Bookkeeping in QBO
  • 2 Banks - 3 Credit Cards - 1 Loan Facility
  • Approximatly 250 monthly transactions
  • Monthly Sales Tax filing
  • Point of Sale Integration / Reconciliation
  • Bi-Weekly AP through Plooto
  • Receipt Posting through Dext
Contact Us

Marketing Agency

$2,600 / month
  • Monthly Accrual Bookkeeping in QBO
  • Class/Project tracking
  • Deferred Revenue Management
  • Bi-Weekly Payroll in QBO (25 employees)
  • Payroll Remittances
  • In-House Accounting email management
  • Monthly Sales Tax Reconciliation
  • 2 Bank accounts - 6 Credit Cards
  • Approximatly 200 monthly transactions
  • Multi-Currency (USD & CAD)
  • Weekly AP through Plooto
Contact Us

Frequently Asked Questions about Bookkeeping and Accounting for Dance Studios

Running a dance studio involves various complex financial transactions. Several specific accounting considerations need your attention:

  • Revenue Recognition: Classes might be paid for upfront but delivered over a period of time. It's essential to recognize this revenue correctly over the service period, not just when the payment comes through.
  • Instructor Expenses: You'll likely have several instructors, possibly with different pay rates and hours. These need to be tracked and reported accurately.
  • Depreciation: Dance studios contain significant capital assets, such as dance floors, mirrors, and sound systems. Their value decreases over time, which should be accounted for.
  • Inventory: If you sell dancewear or other items at your studio, you'd need to implement an inventory tracking system; it should account for purchases and sales of inventory.
  • Liability Insurance: As a dance studio, carrying liability insurance for potential injuries is a must. You need to track these premium payments and any other expenses related to insurance.

It can be overwhelming to manage these considerations on your own. Hiring a professional bookkeeper ensures your finances are managed correctly and you remain compliant with all relevant regulations.

At Accracy Accounting, we provide specialized bookkeeping services tailored for a wide variety of industries including dance studios. With our services catering to your industry, we offer the capability of managing revenues from both memberships and one-time class fees.

Our team of adept bookkeepers understand the uniqueness of a dance studio's financial needs. They can aptly categorize your revenue streams, ensuring that both recurring membership fees and one-off class payments are accounted for and reconciled accurately. This allows for a clear, definite understanding of your studio’s financial performance.

Having Accracy Accounting handle your books also means that we take care of the data entry, expense tracking, financial reporting, year-end tax prep, and provide you with a dedicated bookkeeper you can trust. Our services simplify the financials so you can focus on what you truly love - teaching dance.

Yes, a Accracy bookkeeper is more than capable of managing the unique financial needs and seasonal fluctuations of a dance studio's income. Our team of expert bookkeepers understand the financial cycles of various industries, including the arts. They can work with you to plan for lower income periods, manage expenses, and ensure your financial records are always organized and up-to-date. With Accracy, you can focus on your passion for dance, knowing your bookkeeping is in safe hands.

We understand that when our clients turn their accounting and bookkeeping services over to us, trust is paramount. We have a team of certified professionals, use proven technologies, and hold ourselves accountable every day. Yes, you can trust us with your sensitive data and to deliver accurate, timely accounting services for your business.

Absolutely. Our team members are all certified in the leading accounting systems and can quickly get your files up to date.

Don’t worry, your financial data belongs to you. Our offboarding is pretty straightforward as we transfer account ownership to you. As a bonus, there’s no stopping you from replicating the workflows we’ve created for your in-house process – in fact, we encourage it.

Savings can vary considerably depending on your current solution, but our clients tell us that it is generally between 30% and 50%.

We do not provide year-end tax filing services as we are not a CPA firm. However, if you are looking for a year-end tax accountant, we would gladly refer you to one of our partners. Having a separate bookkeeper and year-end accountant ensures additional oversight on the accuracy of your books. Your year-end tax accountant can help you review your books during tax season.

No, we are not a CPA firm. Accracy is not a public accounting firm and does not provide services that would require a license to practice public accountancy.

No. We do not offer services which fall under the jurisdiction of these organizations. We have partner organizations who can provide those services if needed by clients. A good example of such services are tax advisory or statutory filings. We have a number of non-economic partnerships with CPA firms who can help our clients with these services if needed.

Every account is set up with a Client Success Lead who will be your day-to-day contact. They’ll liaise with the rest of the team members on your account which may include an accounting manager, bookkeeper, payroll specialist, and payables specialist.

Accracy can support a wide range of companies, from small businesses and startups to large public corporations. Our services are tailored to meet the unique accounting and bookkeeping needs of businesses across various industries.

At Accracy, we operate as a fully remote team, delivering our bookkeeping and accounting services online. We have the necessary tools and systems in place to work efficiently and securely from our remote locations. We will coordinate and collaborate with your onsite team to ensure smooth communication and workflow integration.

Accracy Accounting Frequently Asked Questions (faq)

Our Services

Your Needs, Our Solutions: Total Coverage Guaranteed

Stress-Free Bookkeeping and Back Office Accounting Solutions for Your Business.

Outsource Bookkeeping

Precise Financial Organization

Embark on a transformative journey towards financial clarity with our comprehensive organizational services. Beyond mere bookkeeping, we delve deep into the intricacies of your financial records. Every transaction is meticulously documented, categorized, and structured to provide not just accuracy but a foundation for strategic financial understanding.

Bookkeeping

Payroll Compliance

On time and accurate payroll

Our payroll services offer comprehensive solutions for managing employee compensation in both Canada and the US. We handle everything from accurate payroll processing and tax calculations to compliance with local regulations and benefits administration. Our services ensure timely and precise payroll delivery, streamlined tax reporting, and up-to-date compliance with ever-changing laws.

Payroll Processing

Sales Tax Compliance

Expert Sales Tax Reporting

We offer comprehensive sales tax services, including reporting, compliance, and filing, for both the United States and Canada. Our expertise ensures that your business adheres to all relevant tax regulations, streamlines your tax processes, and mitigates the risk of errors and penalties. Whether you operate in one region or across both countries, our team is equipped to manage your sales tax.

Sales Tax Filing

Financial Reporting

Actionable Financial Insights

Beyond mere numbers, our reporting services are a gateway to actionable insights. We go beyond presenting data; we interpret, analyze, and deliver reports that serve as strategic roadmaps for your business. Timely, clear, and comprehensive, our insights empower you to make informed decisions, identify opportunities, and navigate challenges with confidence.

Financial Reporting

Accounts Payable & Receivable

Efficient Accounts Management

Efficiency is the cornerstone of our accounts management services. Whether handling payables or receivables, we streamline your financial transactions to optimize cash flow. Our focus is on creating a robust system that not only meets compliance standards but also ensures that your financial operations are a well-oiled machine, contributing to the overall health of your business.

Catch-Up Bookkeeping

Timely Financial Updates

Don’t let backlog hinder your progress. Our catch-up services are designed to bring your financial records up to speed. We meticulously address any gaps, ensuring that your records are not just current but also compliant. Stay on top of your financial game with timely updates that provide a comprehensive view of your financial landscape.

Catch-Up Bookkeeping

Fractional Controllership

Strategic Financial Guidance

Experience the benefits of seasoned financial leadership without the full-time commitment. Our fractional controllership services bring in experts to guide your financial strategies. Beyond mere oversight, our professionals actively contribute to optimizing your business performance. Benefit from strategic insights, financial planning, and a level of guidance that propels your business towards sustainable success.

Fractional Controllership

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