Bookkeeping Services for Fishermen

Bookkeeping and Accounting for Fishermen

Searching for a bookkeeper and accountant for your fishing business? We manage your books, so you gain more time to focus on casting your nets. Try us for free.

* No Debit/Credit Card Required
Accracy Accounting Online Remote Bookkeeping Services for Fishermen
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 Fishermen

Searching for a bookkeeper and accountant for your fishing business? We manage your books, so you gain more time to focus on casting your nets. Try us for free.

Accracy Accounting CPA CA Oversight
We get you set up

Our crew makes the effort to thoroughly comprehend your fishing business, respond to your queries, assist you in connecting your accounts, and demonstrate how Accracy can work for you.

Accracy Accounting Digital Fluency
We do your bookkeeping

Each month, your dedicated bookkeeper manages all your fishing business transactions and prepares accurate financial records. If they require any additional information, they’ll promptly reach out to you.

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

Each month, your dedicated bookkeeper manages all your fishing business transactions and prepares accurate financial records. If they require any additional information, they’ll promptly reach out to you.

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

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

Get fast, unlimited support from our expert advisors

At Accracy Accounting, we consistently provide you with timely bookkeeping updates specific to the fishing industry. If you have urgent questions that need answering, trust that we'll respond within one business day, if not sooner.

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

Guaranteed accuracy in every detail

Our platform is designed to automate data inputs from major providers, helping you avoid common errors often encountered in the fishing industry. We collaborate with merchants like Gusto, Stripe, Shopify, and Squareensuring your fishing business's financial records are always precise.

Make Smart Decisions for Fishermen with Accracy Accounting and Bookkeeping Services

See where you’re spending. Make smart decisions

Wave goodbye to mountains of documentation and labor-intensive manual records — we streamline data directly from your linked accounts. Gain insights from one unified dashboard so you can effortlessly understand the financial health of your fishing business and make strategic decisions.

Bookkeepers for Fishermen

Navigating the choppy waters of the fishing industry's financial obligations can be as challenging as braving the high seas. Operating in an environment that's linked to ever-changing market prices, seasonal fluctuations and fishing quotas, fishermen surely encounter complex bookkeeping. Accracy understands the unique fishing industry-related taxes, laws and bookkeeping challenges. We provide a tailored service that includes sorting out sales from various fish markets, keeping track of bait and fuel expenses, understanding your entitlement to a share of catch or profits, and managing deductions related to equipment repairs and depreciation.

What Accracy does is simplify the process — we pair innovative accounting software with a dedicated team of experienced bookkeepers. Our team handles all your bookkeeping needs, ensuring compliance with all industry-specific laws and regulations. We can manage the unique tax deductions such as Crew Shares, depletion of fishing quotas, and costs of fishing gear. Additionally, we take care of fishing boat-related deductions which include vessel purchase, improvement, repair, operation and other necessary expenses. By delegating your bookkeeping to professionals who understand the ins and outs of the fishing industry, you can focus on what you do best — bringing in the catch of the day!

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 Fishermen

As a fisherman, you are entitled to claim a significant number of fishing expenses on your taxes. This include items such as:

  • Fishing Gear: This includes boats, nets, rods, bait, tackle, fuel for your boat, and any other equipment you use for fishing.
  • Travel Expenses: If you need to travel to reach your fishing locations, you can claim travel costs. Note that this includes costs for both your vehicle and boat.
  • Insurance: Costs for insuring your boat and fishing equipment can be claimed.
  • Licenses and Permits: Fishing licenses and permits needed for your fishing activities can be claimed on your taxes.
  • Maintenance and Repairs: Necessary maintenance and repairs on your fishing equipment and boat are deductible.
  • Office Expenses: If you have a designated home office for your fishing business, you can claim a portion of your household expenses including utilities, internet, rent or mortgage interest, etc.

Remember that all these expenses must be ordinary and necessary for your fishing business, and you must keep accurate records of your expenditures. Consult with a tax professional to ensure you are correctly claiming all your eligible expenses.

Absolutely, yes. It's essential to manage separate financial records for each boat or fishing operation you own. This helps to accurately monitor the income and expenses of each specific operation. By doing so, you can analyse the financial health and profitability of each boat or fishing operation individually. This individual record keeping is crucial for making informed business decisions and strategic plans for growth. It also simplifies tax reporting and ensures legal compliance.

Some specific bookkeeping practices to efficiently track your income from different fishing seasons include:

  • Meticulous Record Keeping: This involves documenting every transaction related to your fishing business. Keep track of your sales, expenses, and any other transactions that may impact your financial status. Ensuring all financial records are precise and up-to-date makes it easier to track your income.
  • Seasonal Tracking: Your fishing business experiences different levels of activity throughout the year. Thus, your bookkeeping should reflect that. Be sure to separate your income and expenses by season to understand how each one affects your business financially.
  • Cash Flow Management: Being aware of when and where your cash is coming from and going to is essential, this can be especially important given the seasonal nature of fishing.
  • Use of a Good Accounting Software: A good accounting program can automate many aspects of bookkeeping, making it easier to keep track of your income across different fishing seasons.
  • Hiring a Professional Bookkeeper: If you lack the time or expertise to handle your bookkeeping, consider outsourcing this task to a professional. They can help you set up a proper bookkeeping system and ensure your financial records are accurate.

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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