Services
We offer a variety of bookkeeping services depending on what is required by you and your business. Generally, our service covers tracking payables and receivables and keeping all financial transactions documented.
Proper bookkeeping is important to sustaining and expanding a business. Without it, you run the risk of hitting cash flow crunches, wasting money, and missing out on opportunities to expand.
We are here to streamline, maintain and revise your bookkeeping routine if necessary. Remember that the purpose of bookkeeping is to help you manage your business and to enable financial institutions and/or tax agencies to evaluate your business activity. As long as your bookkeeping achieves both of these objectives, it can – and should – be as simple as possible.
Some bookkeeping functions are best relegated to an accountant. While it is essential to retain a thorough knowledge by reviewing your books frequently, an accountant or bookkeeper can free you up to concentrate on expanding your business. Even a bookkeeping task that takes only a few hours a week may be better entrusted to someone else if that time can be better spent focusing on your business.
Services
Bill Payment (A/P)
Keeping track of what you owe and when it is due will enable you to establish good credit and hold onto your money as long as possible. We will help you to streamline the bill payment process, keep a strict audit trail so we can determine who paid what and when, and manage your vendor inquiries.
We provide: vendor profile updates, W9 monitoring, vendor bill entry, unpaid bills reporting, cash position reporting, payment approval requests, and bill payment transmission either through the bank or prepared for printing locally for you to sign and send.
Regardless of the system you choose, we will manage the accounts payable and will maximize your cash flow. Our mission is to ensure timely, accurate processing and monitoring of payments and expenditures. Providing these services in an effective and efficient manner ensures that finances are accurate and up to date, and the vendors and suppliers are paid within established time limits.
Customer Billing & Collections (A/R)
Billing your clients on time is not just good practice but also a necessary one. We will manage the daily/weekly/ monthly or any other billing schedule that you choose. We structure and manage the timely accurate billing of time or services so you have more predictable cash flow and free time. This ensures the easy, accurate and consistent billing that will help your business, your cash flow and overall business health.
financial Statements
Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis and are the foundation of successful business decisions.
The whole point of bookkeeping is to find out where your business stands financially! We automatically generate an income statement and balance sheet each month for your business. These are key reports to help you measure the amount of revenue and profit you’ve made for the period.
Going deeper, there are many fantastic reports that can be generated from your accounting system to help you hone in on an area so you can make smart business decisions about operational spending, staffing, marketing, capital purchases, and all of the things you need to know to run your business.
Services Cont…
Bank Reconciliations
Bank reconciliation is a process that explains the difference between the bank balance shown in an organization’s bank statement, as supplied by the bank, and the corresponding amount shown in the organization’s own accounting records at a particular point in time. Monthly reconciliations are a great tool for your business.
Catch-Up & Cleanup Bookkeeping Services
If your bookkeeping is a little (or a lot) behind, don’t worry! We can have it caught up quickly. We have many tools that can help us import or scan in older transactions to make the work go fast.
Tax-Ready Numbers
Our bookkeeping services will provide you with a clean set of books that you can use to prepare your federal and state tax returns. We can make adjusting entries and perform year-end tasks so that you’re all set to turn your books over to your tax preparer.