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{"id":280,"date":"2023-07-31T17:27:19","date_gmt":"2023-07-31T17:27:19","guid":{"rendered":"https:\/\/www.booksandbalancesinc.com\/blog\/?p=280"},"modified":"2023-08-03T19:30:05","modified_gmt":"2023-08-03T19:30:05","slug":"what-is-full-charge-bookkeeping","status":"publish","type":"post","link":"https:\/\/www.booksandbalancesinc.com\/blog\/bookkeeping\/what-is-full-charge-bookkeeping","title":{"rendered":"What Is Full Charge Bookkeeping: All You Need to Know"},"content":{"rendered":"[vc_row type=”full_width_background” full_screen_row_position=”middle” column_margin=”default” equal_height=”yes” content_placement=”middle” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” scene_position=”center” text_color=”dark” text_align=”left” row_border_radius=”none” row_border_radius_applies=”bg” overflow=”visible” id=”sec2″ overlay_strength=”0.3″ gradient_direction=”left_to_right” shape_divider_position=”bottom” bg_image_animation=”none” gradient_type=”default” shape_type=””][vc_column column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” column_position=”default” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/1″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”7\/12″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][image_with_animation image_url=”300″ image_size=”full” animation_type=”entrance” animation=”None” animation_movement_type=”transform_y” hover_animation=”none” alignment=”” border_radius=”none” box_shadow=”none” image_loading=”default” max_width=”100%” max_width_mobile=”default”][\/vc_column_inner][vc_column_inner column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”5\/12″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][vc_column_text]Bookkeeping is essential to any successful business, ensuring accurate financial records and providing vital insights for decision-making. Among various bookkeeping methods<\/a>, one that has gained significant traction in recent years is full charge bookkeeping. If you think your business needs a professional bookkeeping service to ensure financial accuracy, then full charge is a comprehensive approach that offers a complete range of financial services, encompassing everything from data entry to financial reporting and analysis.\u00a0<\/span><\/p>\n

Whether you are a small business owner looking to strengthen your financial management or an aspiring bookkeeper seeking to expand your skill set, understanding the ins and outs of full charge bookkeeping is crucial. This article will explore the world of full charge bookkeeping, exploring its key components, benefits, and how it differs from other bookkeeping methods.<\/span><\/p>\n

What Does Full Charge Bookkeeper Mean?<\/h2>\n

Full charge bookkeeping encompasses all of the bookkeeping needs of a business. It is a comprehensive role that includes the tasks of posting journal entries, managing payroll and bank reconciliations, and producing financial statements. Essentially, a full charge bookkeeper is a jack-of-all-trades in the bookkeeping world.<\/span><\/p>\n

Often, small businesses require outsourced bookkeeping services, mainly because they do not have the volume of financial transactions that require a full-time bookkeeper, yet their transactions and processes necessitate professional expertise. That’s where a professional bookkeeping service comes in, taking the full charge bookkeeping role, leaving the business owner free to focus on their core business.<\/span>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_column_text]\n

Core Duties of a Full Charge Bookkeeper<\/h2>\n

A full charge bookkeeper carries a wide range of responsibilities. They maintain complete and up-to-date detailed accounts and manage all the fundamental bookkeeping duties, such as ledger entries, financial statement preparations, and payroll. Full charge bookkeepers often manage the entire cycle of accounting functions.<\/p>\n

Some businesses, especially startups and small businesses<\/a>, choose <\/span>outsourced bookkeeping<\/span> services<\/span> for full charge bookkeeping. The choice allows them to avail of high-quality, specialized services without the cost and commitment of employing a full-time bookkeeper. Following are some of the important things bookkeepers oversee:<\/span><\/p>\n