Smart Accounting to Grow Your Business With Confidence

Your Books, Done Right Every Month

We take care of your books for you, so you can get back to the job of running your business. As a small business owner you have more important things to do than to keep your own books. Each month or quarter we'll do the following things for you...

• Quickbooks data entry
• Reconcile your bank account
• Generate an income statement
• Generate a balance sheet
• Clean up your general ledger
• Provide regular consultations

At year end we will then prepare your business tax return. These tasks form the solid foundation of your small business accounting system. You can customize the package of services you receive by adding any of our other services.

Bank Reconciliation

We reconcile your business checking account each month so your books, taxes, and cash flow stay accurate and up to date.

Here’s what that means for you:

• Spot lost checks, missing deposits, and unauthorized transactions.

• Catch excess bank fees and ensure every transaction is posted correctly.

• Prevent internal fraud or embezzlement.

• See the true financial health of your business with properly reconciled accounts.

• Manage cash more effectively, good management saves money and creates opportunity.

• Protect yourself by flagging fraudulent or forged checks quickly and shifting liability to the bank.

• Rest easy knowing every account, check, and disbursement is balanced and accounted for.

Income Statement

An income statement, also called a profit and loss statement, lists all revenues and subtracts all expenses to show your profit or loss for the period.

Here’s what it helps you do:

• Track revenues and expenses to measure operating performance.

• Spot areas that are over or under budget.

• Identify specific costs driving unexpected spending, such as phone, mail, or supplies.

• Monitor increases in product returns or cost of goods sold as a percentage of sales.

• Determine your income tax liability with accuracy.

Balance Sheet

A balance sheet gives you a clear snapshot of your business’s financial condition at a specific moment in time.

Here’s what it helps you do:

• Quickly understand the financial strength and capabilities of your business.

• Spot trends in receivables and payables and take action, like improving collections if your receivables cycle is lengthening.

• See if you’re in a position to expand or need to build up cash reserves.

• Confirm whether your business can handle normal revenue and expense fluctuations.

• Identify if payables are being slowed down to cover a cash shortage.

Along with income statements, balance sheets are the foundation of financial reporting for lenders, investors, and vendors deciding how much credit to extend.

Maintaining a Clean General Ledger

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.

Unlimited Consultations

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.