Small Business Accounting
Accurate, meaningful financial data is essential for managing day-to-day operations, seizing opportunities, and maintaining profitability for businesses of all sizes. We offer our professional assistance to meet your accounting needs so that you may devote all of your time and effort to developing a successful company.
Bookkeeping
To record all of your financial activities, we’ll develop and maintain a chart of accounts. We’ll also produce federal, state, and local tax returns and give you the information you need to run your firm. We’ll find and fix errors (such multiple billings and unrecorded payments) through routine internal audits to make sure you have a clear and accurate picture of your financial situation.
Bank Reconciliation
Every accountant has a clear set of “books” that they want to keep, but it’s also critical to match the accounting records with the monthly bank statements. With the help of our bank reconciliation services, we make sure that each deposit and withdrawal corresponds to the entries made in your accounting records. We can identify missing deposits, lost checks, fraudulent transactions, and excessive bank fees thanks to this examination. It prompts reparation and initiates an investigation into any fraudulent action (identity theft, forgery, embezzlement, etc.). Additionally, it helps you see your cash status more clearly so you can pay for scheduled expenses and investments.
Financial Statement Preparation
We can create a full set of financial statements to assist you in evaluating the situation of your company. This bundle contains:
- A balance sheet that provides an overview of your overall financial situation as of the month, quarter, and/or year’s end
- An Income Statement, also known as a Profit and Loss Statement, is a document that lists revenues, costs, and net earnings so you may evaluate the performance of your company’s operations.
- a budget comparison to uncover areas of your revenue stream or spending habits that need improvement.
- A Cash Flow Statement that displays the impact of adjustments to your Balance Sheet and Income Statement on your cash on hand
- Calculated tax obligations
Our evaluation of your financial accounts aids in the formulation of strategic plans, such as business acquisition and expansion.
Individual Consultation
When you use our expert accounting services, you get more than just a set of documents and summaries. You gain from our knowledge, expertise, and experience. We will gladly take the time necessary to make sure you comprehend and make use of all the information we offer. Anytime you have a query or an issue, call us.