As a small business owner you have more important things to do than to keep your own books. We have proven over the years that our accounting services not only produce significant savings for our clients, but also provide a level of competency, accuracy, and sophistication that you would not be able to obtain from hiring in house bookkeeping staff. It also allows owners to focus on their core skills and the work that they enjoy, while entrusting us with their accounting needs.
We can do one or all of the following things for you on a monthly, quarterly, or semi-annual basis:
These tasks form the solid foundation of your small business accounting system. You can customize the package of services you receive by adding payroll, tax planning, tax preparation, or any of our other services.
We are helping many of our clients put together a bundle of service based on their individual needs for a fixed monthly fee. This allows our lients to know just what services they're getting and exactly how much it's going to cost them each month of the year.
Reconciling your business bank accounts each month allow us to keep your bank account, accounting, and taxes up-to-date.
Having us reconcile your account each month allows you to:
An income statement, otherwise known as a profit and loss statement, basically adds an itemized list of all your revenues and subtracts an itemized list of all your expenses to come up with a profit or loss for the period.
An income statement allows you to:
A balance sheet gives you a snapshot of your business' financial condition at a specific moment in time.
A balance sheet helps you:
Balance sheets, along with income statements, are the most basic elements in providing financial reporting to potential lenders such as banks, investors, and vendors who are considering how much credit to grant you.
The general ledger is the core of your company's financial records. These records constitute the central "books" of your system. Since every transaction flows through the general ledger, a problem with your general ledger throws off all your books.
Having us review your general ledger system each month allows us to hunt down any discrepancies such as double billings or any unrecorded payments. Then we'll fix the discrepancies so your books are always accurate and kept in tip top shape.
We are available to spend time with you so you fully understand how to interpret and utilize the financial information we provide. We encourage regular consultations with clients to discuss any concerns, results, tax projections, or other management issues that may arise. These consultations provide you a platform to implement new strategies, learn more about your key financial indicators, be on top of your tax strategies, and add a valuable member to your management team (us!).