Bookkeeping Services for Fine Art Stores

Bookkeeping and Accounting for Fine Art Stores

Looking for a bookkeeper and accountant for your fine art store? We manage your finances, so you get more time to focus on curating beautiful art. Try us for free.

* No Debit/Credit Card Required
Accracy Accounting Online Remote Bookkeeping Services for Fine Art Stores
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 Fine Art Stores

Looking for a bookkeeper and accountant for your fine art store? We manage your finances, so you get more time to focus on curating beautiful art. Try us for free.

Accracy Accounting CPA CA Oversight
We get you set up

Our team invests the time to thoroughly comprehend the intricacies of your fine art store, address your queries, assist you in connecting your accounts, and demonstrate how Accracy functions seamlessly with your business.

Accracy Accounting Digital Fluency
We do your bookkeeping

Each month, your dedicated bookkeeper expertly sorts your fine art store transactions and creates comprehensive financial reports. If there’s any additional information needed from you, they’ll promptly reach out.

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

Each month, your dedicated bookkeeper expertly sorts your fine art store transactions and creates comprehensive financial reports. If there’s any additional information needed from you, they’ll promptly reach out.

Here’s why Fine Art Stores like you trust Accracy with their bookkeeping and accounting

Get fast, unlimited support for Fine Art Stores with Accracy Accounting and Bookkeeping Services

Get fast, unlimited support from our expert advisors

At Accracy Accounting, we provide consistent bookkeeping updates specially tailored to your fine art store's needs. Got urgent inquiries that can't be delayed? Rest assured, we'll respond within one business day or even less.

Guaranteed accuracy in every detail for Fine Art Stores with Accracy Accounting and Bookkeeping Services

Guaranteed accuracy in every detail

Our platform helps fine art stores automate data input from the majority of leading providers, reducing the likelihood of errors. We collaborate with merchants such as Gusto, Stripe, Shopify, and Squareensuring your financial records are consistently precise.

Make Smart Decisions for Fine Art Stores with Accracy Accounting and Bookkeeping Services

See where you’re spending. Make smart decisions

Say farewell to mountains of receipts and the hassle of manual record-keeping — we streamline entries direct from your connected accounts. Access insights via a unified dashboard to easily grasp the financial state of your fine art store and make informed strategic choices.

Bookkeepers for Fine Art Stores

Fine art stores have a unique set of financial complexities. There're issues with consignment, fluctuating value of inventory, and the tax implications of those specific transactions that require specialized knowledge. Other concerns like sales tax collection from customers and rules around exporting and importing art pieces add more layers of complexity. Accracy's team of expert bookkeepers understands these industry-specific challenges - we take care of all facets of bookkeeping and tax for small fine art business owners, allowing them to focus on curating and selling masterpieces.

New technologies are amplifying the fine art world, including online marketplaces and blockchain-based provenance tracking. With Accracy, you're not simply getting a regular bookkeeper, you are getting a partner that uses and understands these innovative tools. Our intuitive software works with real, human bookkeepers to master your financials - from everyday transactions to complex art consignment records. Beyond the numbers, our team is well-versed in the specific laws, regulations, and taxes that apply to the art industry. We ensure that you are fully compliant, optimizing your tax deductions while minimizing the audit risks. Accracy changes the game by offering a bookkeeping experience that's tailored specifically to the nuances of fine art businesses.

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
$200 / month billed annually
  • 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

$500 / Billed Once
  • 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
  • Sales Tax
  • Corporate Tax
  • Payroll
  • Accounts Payable
  • Accounts Receivables
  • Full Support Team
  • + Additional Customized Services

Schedule a Meeting

Basic

Starting from
$250 / 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

Executive

Customized Pricing

Everything in Basic plan +

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

Schedule a Meeting

Frequently Asked Questions about Bookkeeping and Accounting for Fine Art Stores

A professional bookkeeper with expertise in the fine art industry can help manage and streamline your tax matters in several ways. Art businesses have unique tax-related issues, such as taxes on sales and reselling, import/export taxes, and perhaps even taxes related to artistic grants or fellowships. A professional bookkeeper understands these unique challenges and will accurately handle:

  • Preparation and filing of sales and use tax returns
  • Tracking of inventory for artworks bought and sold
  • Import and export tax management for international transactions
  • Tax deductions related to art industry expenses, such as art supplies, travel, marketing, and more
  • Management of grant or fellowship income and associated taxes

A professional bookkeeper for the fine art industry can alleviate the stress of dealing with complicated industry-specific tax matters, giving you more time to focus on your art.

Yes, an experienced bookkeeper is capable of offering guidance on accurately tracking inventory and sales in your fine art store. They can help you establish effective processes for recording your inventory as well as periodic reporting to ensure your records are always up to date. Furthermore, they can advise you on the best practices to keep track of sales and revenue, giving you a clear view of your store's financial health.

A bookkeeper can be a valuable asset in the ever-changing fine art market. They can help manage and optimize cash flow by tracking income and expenses, ensuring that purchases, sales, and other transactions are recorded accurately and in a timely manner. Moreover, they can provide critical financial reports that allow fine art businesses to understand their financial health and make informed decisions. Through forecasting and budgeting tools, a bookkeeper can also help anticipate and prepare for financial fluctuations in the art market, providing a more proactive approach to cash flow management. Lastly, by upkeeping the reconciliation of bank statements, a bookkeeper can identify any discrepancies or potential issues early, allowing for prompt resolution and maintaining accuracy in your financial data.

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.

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

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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