How do I get started with Vyde's bookkeeping services?
If bookkeeping is included in your plan, getting started with our bookkeeping service is easy—link up your business bank account to your online dashboard or send us your business bank statements, and we'll get to work recording your income, capturing deductions, and providing you with insights about your business's performance!
Vyde's bookkeeping service is included with our Starter and Plus plans. It is not included with our Tax-Only plan. If you are on Vyde's Tax-Only plan and would like to have our team handle your bookkeeping, upgrade your plan through your Vyde dashboard or by reaching out to
billing@vyde.io.
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How do I do bookkeeping for my business?
Bookkeeping is an essential part of managing your business finances. Most of Vyde's memberships include bookkeeping as part of our service, which means our team will take care of your bookkeeping and financial reports for you. However, if you are on ...
What is the status of my bookkeeping?
The status of your bookkeeping can be viewed at any time on the home page of your Vyde dashboard! Log in at myvyde.io to view the status of your books, taxes, and financial reports. If you have questions, don't hesitate to reach out to your dedicated ...
How do I understand my bookkeeping reports?
Think of your bookkeeping reports like this: The income statement reports your business's revenue and expenses and gives you your "bottom line." This report helps you see if your business is making money or not and can reveal to you areas for change ...
Why is bookkeeping needed for my business and taxes?
Bookkeeping is the process of tracking your business's financial transactions to create key business reports, such as your income statement (also known as profit and loss), balance sheet, and general ledger. A business's books and financial ...
Can I deduct business expenses from a personal account?
Yes! It's important to capture all business deductions, regardless of what account they came from. Qualified business expenses made out of a personal bank/credit card account can be added individually into your bookkeeping, ensuring you get the ...