We will work with you to determine the best means of keeping track of your day to day accounting needs. We realize that all business are not the same and not all owners have the same level of accounting expertise, so we are able to help you make the right decisions and purchase the right products that will best suit your needs.
Each month or quarter you should have the following items prepared...
These tasks form the solid foundation of your small business accounting system. We realize that our expertise lies in the ability to analyze your company's financial needs a to recommend changes that are both financial and tax wise beneficial. This may include directing you to experts in the fields that we do not directly service such as bookkeeping, payroll, cost analysis, property valuation, and appraisal.
Reconciling your business checking account each month is mandatory requirement to keep your bank account, accounting, and taxes up-to-date.
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 always available to spend time with you so you fully understand how to interpret and utilize the financial information we provide. Our consultations are already included in our price, so please feel free to call us whenever you have a question or concern.
We offer a broad range of services for business owners, executives,
and independent professionals. We are affordable, experienced, and friendly.
Please call us today at (505) 260-0616. We'll be happy to offer you a free initial consultation. Thanks for visiting!