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.
We are offering free 1 Month Basic Bookkeeping to all new customers so you can experience Accracy's seemless and professional services.
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.
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.
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.
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.
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.
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.
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.
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.
Join over 1000 business owners who have streamlined their finances and have grown their businesses with Accracy.
Everything in Basic plan +
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:
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.
Stress-Free Bookkeeping and Back Office Accounting Solutions for Your Business.
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.
BookkeepingOur 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 ProcessingWe 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 FilingBeyond 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 ReportingEfficiency 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.
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 BookkeepingExperience 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