organize your business finances
We provide accurate record keeping for small businesses and help you with the organization of your finances. We will take upon the day to day tasks of bookkeeping so you can focus on your core business. We offer various bookkeeping packages that can benefit your business even if you are a startup or established business. We work with you to customize bookkeeping solutions based on your specific needs and budget.
Maintaining A Clean General Ledger
The general ledger is a record of the financial records. Each transaction must be reflected and balanced using the general ledger.
When something is off here, it impacts all the books.
Monthly maintenance and organization of the ledger is the best way to catch errors and oversights before they cause problems. I will sort every discrepancy and manage the books to keep them accurate.
The balance sheet is the financial statement of a company which includes assets, liabilities, and owners’ equity. The purpose of the balance sheet is to reveal the financial status of a business as of a specific point in time. We can prepare a balance sheet at any time, but it is mostly prepared at the end of the accounting period.
The income statement, also called the profit and loss statement, is a report that shows the income, expenses, and resulting profits or losses of a company during a specific time period. We can prepare an income statement and calculate the net income of a company. The calculation will show you the overall profitability of the company as well as how efficiently the company is at generating profits from total revenues.
Monthly bookkeeping include but are not limited to:
QuickBooks or Xero setup, training and support
Set up and maintain your Chart of Accounts
Bank and credit card account reconciliation
Bill payment and other banking functions
Categorize transactions into proper accounts
Reconcile accounts payable and accounts receivable
Issue financial statements to be reviewed in quarterly meetings
Close the books on a monthly basis and at year end
Provide financial statements to your tax advisor for the creation of tax returns