Bookkeeping Services for Journalists

Bookkeeping and Accounting for Journalists

Chasing a lead and don't have time for bookkeeping and accounting in your journalism business? We've got your books covered, so you can focus on delivering the news. Give our services a try for free.

* No Debit/Credit Card Required
Accracy Bookkeeping and Accounting Services for Journalists
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 Journalists

Chasing a lead and don't have time for bookkeeping and accounting in your journalism business? We've got your books covered, so you can focus on delivering the news. Give our services a try for free.

Accracy Accounting CPA CA Oversight
We get you set up

Our squad takes a moment to thoroughly comprehend your journalistic endeavors, address your queries, assist you in connecting your accounts, and guide you on the functionality of Accracy.

Accracy Accounting Digital Fluency
We do your bookkeeping

Every month, your dedicated bookkeeper categorizes your journalism-related transactions and compiles comprehensive financial statements. Should they require any further information from you, they'll promptly reach out.

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

Every month, your dedicated bookkeeper categorizes your journalism-related transactions and compiles comprehensive financial statements. Should they require any further information from you, they'll promptly reach out.

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

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

Get fast, unlimited support from our expert advisors

Stressed about keeping your finance in check while you're chasing stories? At Accracy Accounting, we'll regularly update you with your bookkeeping status. And if there are any immediate financial queries or concerns keeping you from an important scoop? Rest assured, we'll respond in one business day or less.

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

Guaranteed accuracy in every detail

At Accracy Accounting, our platform is designed to streamline your financial data from major providers — eliminating typical errors. We're in collaboration with renowned merchants like Gusto, Stripe, Shopify, and Squareensuring your financial records as a journalist are always on point.

Make Smart Decisions for Journalists with Accracy Accounting and Bookkeeping Services

See where you’re spending. Make smart decisions

Wave farewell to mountains of paperwork and tedious manual logging — we streamline inputs directly from linked accounts. Gain insights from a singular, central dashboard and grasp a clear understanding of your financial status. This empowers you as a journalist to make strategic decisions easily. With Accracy Accounting, you can focus on your stories rather than worrying about bookkeeping.

We know bookkeeping for Journalists at Accracy Accounting

Bookkeepers for Journalists

At Accracy, we understand that journalists need their focus on the heart of the story, not the intricacies of payroll taxes and ledger entries. Freelance journalists, in particular, have unique financial landscapes with varying income sources, receipts, and business-related expenses that need managing. This dynamic system requires industry-specific knowledge to handle bookkeeping in an error-free and tax compliant manner. With the ever-changing laws and tax regulations that affect the journalism profession, rest assured that our skilled bookkeepers are up-to-date on all relevant information and handle it effortlessly.

Our intuitive software enables seamless tracking of your income and expenditure, but the magic doesn't stop there. We pair this software with actual human bookkeepers who are experienced professionals in the industry, helping ensure nothing falls through the cracks. They not only maintain your books but also ensure your accounts comply with current industry laws and adhere to the required tax regulations specific to journalists. Whether it's recognizing deductions such as research materials and travel expenses or understanding the impact of new tax regulations on your bottom line, Accracy's blend of innovative software and professional expertise provides a bookkeeping solution that's tailored for the needs of journalists.

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 Journalists

As a freelance journalist, there are several types of expenses you can claim for your tax deductions. These include:

  • Home office expenses: If you use a part of your home exclusively for your freelance journalism work, you may be able to claim a portion of your rent, mortgage, utilities, and other related costs.
  • Travel expenses: Any costs related to traveling for interviews, story research or other work-related activities can also be deducted. This includes transportation, meals, lodging and other related expenses.
  • Professional fees: Fees for professional organizations, unions or guilds, and any fees for conferences or seminars may be deductible.
  • Office equipment and supplies: The cost of computers, software, cameras, office supplies, and other equipment necessary for your work is typically deductible.
  • Business insurance: If you have insurance specifically for your freelance business, these costs can also be deducted.

Remember, all expense deductions should be both ordinary and necessary for your freelance journalism work. For more specific advice, you should consult with a professional bookkeeper or accountant.

Managing variable income and tracking expenses as a journalist requires diligent bookkeeping and effective organizational strategies. Here are a few steps to help you manage your income and expenses effectively:

<ul><li>Keep Records of All Income: With a variable income, it's essential to track all your income sources. Make it a habit to record every paycheck or payment you receive.</li><li>Dynamically Adjust your Budget: Since your income may vary each month, your budget should also. Ideally, budget using the income from the previous month to allow for adaptations.</li><li>Track All Expenses: Keep receipts and track all purchases, subscriptions, and equipment costs. This will help control your spending and provide necessary documentation for tax purposes.</li><li>Use a Bookkeeping Service: A professional bookkeeping service like Accracy Accounting can simplify the process, providing insightful financial reports, handling your tax filing, and helping you stay organized throughout the year.</li></ul>

Managing a variable income and tracking expenses can be complex. By applying these strategies and leveraging a professional bookkeeping service, you can ensure your finances are properly managed, allowing you to focus more on your journalism work.

Freelance journalists often have varied sources of income from multiple agencies, publishing firms, or networks, making their financial management and bookkeeping quite challenging. Here are some important bookkeeping practices you should follow:

<ul><li>Track All Your Income: Record all your income, whether it's from assignments, speaking engagements, or royalties. This helps you have a clear picture of your financial standing.</li><li>Categorize Your Expenses: Your expenses like travel costs, equipment, or subscriptions may be business-related. Categorizing them helps with deductions during tax filing.</li><li>Save for Taxes: As a freelance journalist, your taxes aren't automatically deducted. Set aside a portion of your income for tax purposes.</li><li>Keep Records: Maintain all your invoices, receipts, and financial statements. They are crucial for tax filing and audits.</li><li>Hire a Professional: Considering hiring a professional bookkeeper or accountant who can help streamline your financial management.</li></ul>

By adhering to these practices, you should be able to better manage your freelance journalism income and reduce the stress of tax time.

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

Ready to grow your business?

Some other industries we serve