Bookkeeping Services for Marketing and Design

Unique Challenges for Marketers and Designers

Billable Expenses: Tracking and accurately billing expenses directly to clients is crucial. Whether it's travel, software subscriptions, or outsourced services, each cost needs to be meticulously recorded and assigned to the correct project to ensure transparency and profitability reporting.
Project Budgeting: Setting and adhering to budgets is fundamental for marketing and design projects. Our services ensure that all financial aspects of your projects are closely monitored, from initial estimates to final expenditures, helping prevent budget overruns and maintaining profit margins.
Estimates and Progress Invoicing: Providing clients with accurate estimates and timely progress invoicing is key to managing cash flow and client expectations. Our system supports detailed estimates and updates, keeping pace with the progress of projects to facilitate regular invoicing and revenue recognition.

Contractor Costs: Keeping a close eye on what you pay contractors is vital for budgeting and project cost management. We provide detailed tracking and reporting of all contractor expenses.
Tech Stack Cost: Technology investments can represent a significant portion of operational costs in the digital marketing and design field. We help you monitor these expenses to optimize spending and ensure they align with your business goals.
Labor Costs: From in-house designers to freelance marketers, understanding your total labor costs in relation to revenue is crucial. We offer comprehensive payroll services and labor cost analysis to help manage your team effectively.
Cash Flow Analysis and Projections: Cash flow management can make or break a creative agency. Our services include rigorous cash flow analysis and future projections that consider seasonal trends and economic realities. This is essential for making informed business decisions and planning for future growth or downturns.
Economic Realities and Seasonality: The fluctuating nature of the economy can significantly affect spending on advertising and design services. Our bookkeeping solutions help you prepare for and respond to economic downturns by providing financial projections that account for less revenue during these periods.

Regular Bookkeeping: We maintain your financial records with precision, ensuring that all entries are accurate and up-to-date, providing you with a clear picture of your financial status at any point in time.
Estimate Assistance: Our team supports your efforts to provide clients with realistic and comprehensive estimates, enhancing your credibility and the likelihood of winning bids.
Project Tracking: We help you keep a finger on the pulse of your projects financially, ensuring that you stay on budget and identify any financial discrepancies before they become issues.
Time-based Payroll: For businesses that bill based on time spent, our time-based payroll solutions ensure that employee hours are logged accurately and reflected correctly in project costing and payroll processing.
At KHL Bookkeeping, we understand the intricacies of financial management in the marketing and design sector. Our tailored bookkeeping services are designed to empower your business, allowing you to focus on what you do best — creating and innovating. Whether you're navigating the complexities of project-based billing or need robust financial reporting to guide your business decisions, we are here to assist. Get in touch today to learn how we can help streamline your financial processes and support your business's growth.