Bookkeeping Services for Horse Trainers

Bookkeeping and Accounting for Horse Trainers

Looking for a bookkeeper and accountant for your horse training business? We'll handle the finances, so you get more time to focus on training and care. Try us for free.

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

Looking for a bookkeeper and accountant for your horse training business? We'll handle the finances, so you get more time to focus on training and care. Try us for free.

Accracy Accounting CPA CA Oversight
We get you set up

Our team takes the time to fully grasp your horse training business, address your inquiries, assist you in connecting your accounts, and demonstrate how Accracy can function seamlessly with your operations.

Accracy Accounting Digital Fluency
We do your bookkeeping

Every month, your dedicated bookkeeper efficiently arranges your horse training business transactions and compiles financial statements. Should there be any additional information required from your end, they’ll contact you.

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

Every month, your dedicated bookkeeper efficiently arranges your horse training business transactions and compiles financial statements. Should there be any additional information required from your end, they’ll contact you.

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

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

Get fast, unlimited support from our expert advisors

We continually provide bookkeeping updates tailored to your horse training business. Got urgent inquiries that simply can't be postponed? Expect a response from us in less than a business day.

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

Guaranteed accuracy in every detail

Our platform empowers you to streamline data inputs from leading providers to circumvent frequent errors. We partner with vendors such as Gusto, Stripe, Shopify, and Squareensuring your equine business finances are consistently precise. So, as a horse trainer, you have more time to focus on training and less time worrying about the books.

Make Smart Decisions for Horse Trainers with Accracy Accounting and Bookkeeping Services

See where you’re spending. Make smart decisions

Wave farewell to mountains of administrative work and tedious manual record-keeping — we automate data entry directly from your connected accounts. Obtain insights from one unified dashboard so you can quickly comprehend the financial standing of your horse training business and make informed decisions.

Bookkeepers for Horse Trainers

At Accracy, we understand the complexity and nuances that come with bookkeeping in the equestrian industry. For horse trainers, in particular, keeping track of a myriad of expenses from feed and veterinary care to equipment and training facilities, can be a daunting task. Your focus is rightly on providing exceptional care and training services to your equine clients, and navigating industry-specific tax laws and issues isn't where you want to devote your energy. That's where Accracy steps in, delivering unparalleled online bookkeeping services tailored to the unique needs of horse trainers.

We employ a unique blend of intuitive software and real human bookkeepers with expertise in regulations, laws, and taxes governing the equestrian industry. This includes understanding of regulations around employees in this industry, from payroll to workers' compensation. Additionally, we recognize the common bookkeeping issues associated with costs like stable fees, horse purchases, and even those related to travel for shows or competitions. With us handling your bookkeeping, you can confidently focus on your passion — training horses — and leave the financial legwork to us. Our team will ensure that your books are up-to-date, accurate, your taxes are done right, and your business runs in compliance with all the necessary financial rules and regulations.

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 Horse Trainers

Yes, there are specific accounting principles related to maintaining and depreciating equine assets. Equine assets, like other living assets, are expected to depreciate over their useful life span. This is governed by laws and regulations under the Generally Accepted Accounting Principles (GAAP). GAAP principles determine varying aspects such as initial cost allocation, annual depreciation calculations, and procedures for any impairment or gain recognitions at the time of disposal. It is recommended to work with a knowledgeable bookkeeper or accountant who is experienced in equine related accounting to ensure accurate depreciation calculations and record keeping.

As a professional horse trainer, there are several tax deductions you might be eligible to claim to reduce your taxable income. These include:

<ul><li>Travel expenses related to horse shows, training efforts, buying horses, and other business travel</li><li>Horse-related expenses such as feed, veterinary fees, grooming, and exercise</li><li>Training equipment and supplies</li><li>Farm equipment and machinery</li><li>Depreciation of assets such as horse trailers, equipment, and the horses themselves</li><li>Insurance costs</li><li>Property rent or mortgage interest expenses</li></li>Professional services like bookkeeping, legal advice, or consultation fees</li></ul>

Please consult with a tax professional or your bookkeeper to ensure that you are claiming all the deductions that apply to your specific situation. The information provided here is intended as a general guide and may not cover all possible deductions.

Managing and categorizing various income streams in the horse training industry is simplified with professional bookkeeping. Here's how each can be handled:

<ul><li><strong>Lessons:</strong> The revenue from horse riding lessons should be recorded separately. Receipts and invoices should always indicate that the payment is for a lesson.</li><li><strong>Boarding Fees:</strong> Any income received from boarding horses should also have its separate category. It's crucial to keep a record for each horse you board, including their boarding fees.</li><li><strong>Horse Sales:</strong> When selling a horse, not only should the sale be recorded, but also any costs associated with maintaining and training the horse prior to the sale. This will provide an accurate picture of your profits.</li></ul>

Managing these income streams can be complex and time-consuming. Working with a bookkeeper like Accracy Accounting, who understands the demands of your business, will ensure your books are accurate and up-to-date.

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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