Bookkeeping

When You Leave the Bookkeeping to Us, You Can Focus on Growing Your Business!

Accurate bookkeeping is essential to your company’s long-term viability. Experienced, affordable, and reliable, we serve a variety of industries and clients from self-employed home-based business owners to small and medium-size businesses with employees. When you outsource your bookkeeping services to us you get one on one personalized service and state of the art technology and payroll software.

If you’re just starting a business, we’ll set up reporting and recordkeeping systems that make it easy for you to keep track of where your money is going. If you’ve been in business for a while, but need help cleaning up your books, we’ll work with you to streamline your bookkeeping systems and set up a system of checks and balances.

But the best reason to use our bookkeeping services? You’ll have more time to focus on running your business and generating more profits.

Bookkeeping Services for Small Businesses

Bank Reconciliation.  Reconciling your business checking account each month allows us to keep your bank account, accounting, and taxes up-to-date.  Having us reconcile your account each month allows you to…

  1. Identify lost checks, lost deposits and unauthorized wire transactions.
  2. Detect and prevent excess/unjustified bank charges and ensures transactions are posted correctly by your bank.
  3. Detect and prevent embezzlement of funds from within your company.
  4. Know how your business is doing? You can’t really know unless all accounts are reconciled and properly accounted for on your financial statement.
  5. Manage your cash more effectively. Proper management of funds not only saves money, it makes money for you.
  6. Protect yourself. By timely reconciling and promptly objecting to your bank about any unauthorized, fraudulent, or forged checks presented to your bank and paid by that bank, you can relieve your agency of responsibility for the shortfall and transfer the risk to the bank. This reason to reconcile alone should be enough. Crime exists.
  7. Sleep Better. You will sleep more peacefully at night knowing your bank accounts are reconciled, in balance and that all escrow funds, accounts, checks and disbursed funds are properly accounted for.

Statement of Revenue and Expenses (Profit & Loss).  A statement of revenue and expenses 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.

A statement of revenue and expenses allows you to…

  1. Track revenues and expenses so that you can determine the operating performance of your business.
  2. Determine what areas of your business are over-budget or under-budget.
  3. Identify specific items that are causing unexpected expenditures. Like phone, fax, mail, or supply expenses.
  4. Track dramatic increases in product returns or cost of goods sold as a percentage of sales.
  5. Determine your income tax liability.

Statement of Assets, Liabilities & Equity (Balance Sheet)

A statement of assets, liabilities & equity gives you a snapshot of your business’ financial condition at a specific moment in time.

Call today and let us put our bookkeeping services to work for you!