Service Overview: Our comprehensive bookkeeping services are designed to streamline your financial processes, providing accurate and timely financial information to support your business decisions.

Key Components:

1. General Ledger Maintenance

   • Record Keeping: We maintain an accurate general ledger, ensuring all financial transactions are properly recorded and categorized.

   • Reconciliation: Regularly reconcile bank statements, credit card accounts, and other financial accounts to ensure accuracy and consistency.

   • Journal Entries: Prepare and post journal entries for all financial transactions, including adjustments and accruals.

2. Accounts Receivable Management

   • Invoicing: Generate and send invoices to customers, ensuring timely billing and follow-up on outstanding payments.

   • Collections: Monitor accounts receivable aging reports and assist in collection efforts to reduce outstanding balances.

3. Accounts Payable Management

   • Bill Processing: Receive, review, and process vendor bills, ensuring timely payments while taking advantage of discounts.

   • Payment Processing: Manage payment schedules and execute payments via checks or electronic transfers.

4. Financial Reporting

   • Monthly Reports: Provide monthly financial statements, including income statements and balance sheets, to keep you informed about your financial position.

   • Custom Reports: Generate customized financial reports based on your specific needs and KPIs.

5. Budgeting and Forecasting

   • Budget Development: Assist in creating budgets to align with your business goals, providing insights on income and expenditure.

   • Variance Analysis: Analyze variances between actual and budgeted figures to help guide decision-making.

6. Tax Preparation Support

   • Documentation: Ensure all necessary documentation is organized and prepared for tax filings.

   • Compliance: Maintain compliance with local, state, and federal regulations to minimize tax liabilities.

7. Financial Advisory

   • Consultation: Offer strategic advice based on your financial data to improve efficiency and profitability.

   • Problem Resolution: Identify and resolve any discrepancies or issues in your financial records.

By providing these comprehensive bookkeeping services, we help you maintain a clear and accurate financial picture, allowing you to focus on growing your business with confidence.