There are 1 Companies in Austin
that provide Bookkeeping Services!

Austin is probably the most attractive city in Texas for young IT professionals that seek a promising career in the industry. Also called Silicon Hills, Austin has known an increasing number of IT companies relocating or opening new offices. Some of the most prominent names speak for themselves: Google, Facebook, or Oracle are only a few to name from tech giants that have an interest in the talent pool from Austin. 

Recently Apple announced that will invest $1bn USD, in offices in Austin, which makes the city a fast-developing tech hub in the country. 

There are some 7000 professionals engaged in the High Tech industry working for SME, but the number is expected to grow with additional 15,000 IT professionals, according to Business Insider. 

However, the overall number of employees in the Tech industry in 2017 was estimated to be around 138,000+, which makes 14.1% of the entire workforce in Austin. Compared to the national average - 7%, Austin has twice more. 

Austin payroll in the tech industry reached $15,6bn, which is more than a quarter of the entire payroll of the Austin metropolitan area according to Austin Chamber. 

This makes the IT industry a part of the city’s economic backbone,  if not the most important part. 

In 2017, in Austin were located over 6400+ IT companies, out of which only 309 were new startups in the year of the report. 

All in all, Austin, considered as the Silicon Hills of the US, created a positive image as a tech hub and one of the most digitalized cities in Texas, and why not in the entire US. Since an increasing number of IT companies are attracted by this location, and taking into consideration the talent pool, Austin could become. 

Bookkeeping is the process used to record the financial transactions of a company. These services involve tracking how much money enters and exit a firm, such as payments from clients and payments to vendors. 

Did you know that bookkeeping accuracy is critical for company success? According to research conducted by a U.S. bank, 82% of small businesses fail owing to a lack of understanding and management of cash flow, highlighting the need for competent accounting.

Fact about Bookkeeping 

The profession of bookkeeping can be traced back to the 15th century when Italian mathematician Frater Luca Pacioli, known as the father of modern bookkeeping, introduced concepts like double-entry bookkeeping and other accounting systems that are still in use today.

Bookkeeping for every form of business requires various components and stages: 

• Documenting transactions

• Managing debits and credits 

• Processing payments and invoices

• Preparing financial statements (Income Statement, Balance Sheet, Cash Flow Statement, Statement of Owner’s Equity)

• Maintaining general ledgers

Bookkeeping offers the following benefits:

• Increased budgeting

• Simplified tax filing

• Ensuring IRS compliance

• Understanding seasonal business changes

• Monitoring financial metrics (revenue, costs, profitability, etc.)

• Gaining more operational time

How To Find a Bookkeeper

Bookkeepers manage a company's financial accounts, ensuring they are accurate and simple to understand. Their job is critical to the effective operation of a company, which might have many transactions in a single day, or over a week, month, fiscal quarter, or year.

At the moment, TechBehemoths has 25 Bookkeeping service providers. Choose a suitable provider based on their location, reviews, portfolio and hourly rate. Apply our platform filters, get in touch with them and create a contract outlining deadlines, rates, and expectations to ensure everyone is on the same page.

Also, you can submit your project, and we will select companies based on the project description, deadline, budget, and technical speciality for accurate matching.