Businesses of all shapes and sizes depend on accurate, insightful financial information to manage their day-to-day operations, capitalize on opportunities, and sustain profitability. We lend our expert support to meet your accounting needs so that you can focus your time and energy on building a strong business.
Whether you need permanent or occasional help with your bookkeeping, we're here to help.
Bookkeeping
We’ll create and maintain a chart of accounts to capture all of your financial transactions, provide the right information to manage your business, and prepare federal, state, and local tax returns. Through periodic internal audits, we’ll identify and resolve discrepancies (e.g., double billings, unrecorded payments) to ensure that you have a complete and accurate picture of your financial position.
Reconciliation
While a clean set of “books” is a key objective for every accountant, it’s also important to match the accounting records with the various third-party and internally-generated records available to you, such as bank, credit card and loan statements, canceled checks, bank deposit images, payroll records and payroll tax filings, and 1099 and other tax forms the business receives. Our reconciliation services ensure that transactions and account balances align with your source records. This enables us to identify problems and discrepancies. And it provides a clearer picture of your cash position for addressing planned outlays and investments.
Financial Statement Preparation
We can prepare a complete set of compiled financial statements to help you assess the health of your business. This package includes:
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A Balance Sheet that gives you a snapshot of your overall financial condition at month, quarter, and/or year-end,
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An Income Statement (a.k.a. Profit and Loss Statement) that summarizes revenues, expenses, and net profits so you can assess the operating performance of your business,
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A Cash Flow Statement that shows how changes in your Balance Sheet and Income Statement affect your available cash, and
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A General Ledger that provides the detailed transactions behind the account balances on the Balance Sheet and Income Statement so you can identify strengths and trouble spots in your revenue stream or spending patterns.
Our analysis of your financial statements helps frame strategic initiatives (e.g., business expansion, acquisition) as well as tactical plans (e.g., accounts receivable and accounts payable management). Professionally prepared financial statements are also an essential resource when dealing with creditors (e.g., vendors, banks) and investors.
Individual Consultation
By using our professional accounting services, you receive more than a collection of records and reports. You benefit from our skills, experience, and expertise. We are happy to invest the time to make sure that you understand and utilize all of the information we provide. Call us with any questions or concerns.