Our services

Gym and Fitness Bookkeeping Services

At Birchwood Accounting, we know that accurate Bookkeeping and Payroll management is essential to keeping your Gym and Fitness business running smoothly and successfully.

Comprehensive QuickBooks Financial Services for Gym and Fitness Businesses

Optimize Your Gym’s Financial Health with Specialized Management Services

At Birchwood Accounting, we offer comprehensive financial services specifically designed for gyms, fitness studios, and wellness centers. Our services include QuickBooks cleanup and catch-up, detailed bookkeeping, and efficient payroll management. We help fitness businesses streamline their financial operations, ensuring compliance and accuracy, so you can focus on helping your clients achieve their fitness goals.

Our Specialized Services

1. QuickBooks Cleanup & Catch-Up for Gyms and Fitness Centers

  • Comprehensive Financial Review: We thoroughly assess your QuickBooks records to identify and correct errors, discrepancies, and incomplete entries related to membership fees, class revenues, and vendor payments.
  • Accurate Reconciliation & Revenue Tracking: Our team ensures that all financial transactions, including memberships, personal training fees, and equipment purchases, are accurately recorded and reconciled, keeping your records current.
  • Error Correction & Adjustments: We correct inaccuracies and make necessary adjustments to reflect the true financial status of your gym or fitness center.

2. Professional Bookkeeping for Fitness Businesses

  • Daily Transaction Management: We handle the daily recording, categorization, and reconciliation of transactions, including membership dues, class registrations, and retail sales, to maintain accurate and up-to-date financial data.
  • Revenue Management & Financial Statement Preparation: Our services include tracking revenue streams and preparing detailed financial statements, such as profit & loss statements and cash flow reports, to give you a clear understanding of your fitness business’s financial health.
  • Monthly Financial Reports: We generate comprehensive monthly reports to help you track income, manage expenses, and make informed business decisions that can improve profitability.

3. Accurate Payroll Services for Fitness Staff

  • Timely Payroll Processing: We manage all aspects of payroll processing to ensure accurate and timely payments to your trainers, instructors, and support staff, including commissions and bonuses.
  • Compliance with Industry Regulations: Our experts ensure that payroll taxes and fitness-specific deductions are calculated correctly and filed in compliance with industry regulations.
  • Employee Benefits Administration: We handle employee benefits, such as health insurance, retirement plans, and performance bonuses within QuickBooks, keeping your records organized and compliant.

Why Choose Birchwood Accounting for Your Fitness Business?

  • Fitness Industry Expertise: We have extensive experience working with gyms and fitness centers, understanding the unique financial challenges such as membership management, class revenues, and seasonal fluctuations.
  • Customized Financial Solutions: Our services are tailored to meet the specific needs of your fitness business, providing personalized support to enhance your financial management.
  • Comprehensive Service Offering: From QuickBooks cleanup to ongoing bookkeeping and payroll management, we offer a full range of solutions to keep your financials accurate and compliant.
  • Focus on Your Clients: With our expert financial management, you can concentrate on helping your clients achieve their fitness goals, confident that your financial records are handled with precision.

Get Started with Birchwood Accounting Today

Ready to optimize your gym’s financial management? Contact Birchwood Accounting to learn more about our QuickBooks cleanup and catch-up, bookkeeping, and payroll services. We offer free consultations to assess your needs and develop a customized plan for your fitness business.