Bookkeeping

Depending on your preference of monthly or quarterly bookkeeping, here’s what our staff of professional bookkeepers can do for you:

Reconcile your bank account

Generate an income statement

Generate a balance sheet

Clean up your general ledger

These tasks are the solid foundation for your small business’s accounting system. You can customize the package of services you receive by adding payroll, tax planning, tax preparation, or any of our other services.

Bank Reconciliation

Having us reconcile your account each month allows you to…

See all transactions processed through your account

Identify lost checks, deposits, and unauthorized wire transactions.
Detect and prevent excess/unjustified bank charges and ensures transactions areposted correctly by your bank.
Detect and prevent embezzlement of funds from within your company.
Manage your cash flow more effectively.

Income Statements

An income statement, a.k.a. a profit and loss statement, allows you to…

Track revenues and expenses so that you can determine the operating performance of your business.

Determine what areas of your business are over-budget or under-budget.

Identify specific items that are causing unexpected expenditures. Like phone, fax, mail, or supply expenses.

Track dramatic increases in product returns or cost of goods sold as a percentage of sales.

Determine your income tax liability.

Balance Sheets

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. Balance sheets can help you…

Control the financial strength and capabilities of your business.
Identify and analyze trends, particularly in the area of receivables and payables.
Determine if your business is in a position to expand.
Determine if your business can easily handle your current revenues versus expenses
Determine if your business has been slowing down

Maintain a Clean General Ledger

Being the core of your company’s financial records, a General Ledger is one of the most valuable documents of your business.

Having our experienced team review your general ledger system each month allows us to squash discrepancies like double billings or any unrecorded payments, keeping your books accurate and in tip-top shape.