Frequently Asked Questions

Monthly bookkeeping includes transaction categorization, bank and credit card reconciliations, and ongoing monitoring to ensure accuracy throughout the month. At Boxwood Bookkeeping, we tailor the scope based on your business size, transaction volume, and reporting needs—no unnecessary services or one-size-fits-all packages.

Month-end close provides structure, accuracy, and accountability at a higher level than basic bookkeeping. It includes advanced reconciliations, financial review for accuracy, and ensures your books are consistently reliable for tax season, lending, or growth decisions.

Bookkeeping cost depends on business size, transaction volume, and reporting needs. At Boxwood Bookkeeping, packages start at $325 per month and increase based on complexity and service level, ensuring you only pay for what your business actually requires.

Small businesses should add payroll compliance services when they hire employees or contractors to avoid costly errors and penalties. This includes payroll processing, quarterly filings, W-2 and 1099 preparation, and ongoing monitoring to keep your business compliant with regulations.

Bookkeeping covers day-to-day transaction recording and reconciliations, while controller services provide higher-level financial oversight including budgeting, cash flow planning, process improvements, and month-end close management. Controller services are layered on top of core bookkeeping for growing businesses that need strategic financial guidance.

Boxwood Bookkeeping serves as a point of contact between your bookkeeping and tax teams to ensure smoother tax preparation and better financial alignment. We strengthen internal controls, improve workflows, and make sure your financial records support accurate, compliant returns when working with your CPA.

Yes, sales tax filing services ensure your Texas sales tax is calculated accurately and filed on schedule. At Boxwood Bookkeeping in Lufkin, TX, this service is included in Core Financial Operations packages to help business owners maintain compliance and avoid surprises.

The biggest mistake is waiting to set up proper financial systems until problems arise. Starting clean and organized from day one—with structured accounting systems and workflows—avoids costly mistakes and rework later as your business grows.

Cash flow planning helps you understand where your money is going and where it should go for sustainable growth. At Boxwood Bookkeeping, we create realistic budgets, monitor cash flow trends, and identify opportunities to improve financial performance before cash problems arise.

You'll need access to bank accounts, credit card statements, and any existing financial records or software logins. Boxwood Bookkeeping uses a secure Client Portal for all document sharing, approvals, and communication, making the transition efficient and organized from the start.