Bookkeeping
Bookkeeping is the foundation.
It includes recording transactions, reconciling accounts, categorizing expenses, and keeping your financial records accurate and up to date.
This is the core service Emerald Balance provides — it keeps your Emerald Path clear and organized.
Accounting
Accounting is the next level up.
It involves analyzing financial data, preparing statements, interpreting trends, and helping you understand what your numbers mean.
Some business owners only need bookkeeping; others need both bookkeeping and accounting insights.
Taxes
Taxes focus on compliance and filing requirements.
Tax professionals handle annual returns, business elections, estimated taxes, and IRS-related filings.
Emerald Balance does not file taxes directly but coordinates with trusted tax partners to ensure your books flow seamlessly into their work.
Financial Planning
Financial planning is future-focused and strategy-driven.
It includes budgeting, goal planning, cash flow projections, retirement planning, investment guidance, and long-term decision support.
This goes beyond bookkeeping — it’s about building a financial roadmap for where you want to go.
In simple terms:
Bookkeeping → Tracks the past and organizes the present
Accounting → Interprets the numbers
Taxes → Ensures compliance
Financial Planning → Guides the future
All are different, and all support your business in different ways — but bookkeeping is the first step on the Emerald Path, and everything else builds from there.