SMALL BUSINESS SERVICES
Accounting Services
Creating an accounting system is one of the most important steps when starting a business, however, it can be very time consuming for small business owners. My services give you more time to focus on generating profits and less time managing your books.
Monthly or quarterly services:
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Reconcile bank and credit card accounts
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Generate an income statement
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Generate a balance sheet
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Clean up your general ledger
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Provide unlimited consultations
Every company should have an efficient and effective accounting system in place when operating a business. These services will create a solid foundation for your accounting needs. Services can be customized to suit your needs. Additional services such as payroll, tax planning, and staff training can also be added.
Services​:
Reconciliations
Reconciling bank and credit card accounts each month keeps all data up to date and helps to identify the following:
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Missing checks or deposits
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Outstanding checks
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Excessive bank and interest charges
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Fraudulent use of funds within your company
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Cash flow so you can manage your funds more efficiently
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Unauthorized charges that you may not be aware of
Balance Sheet
A balance sheet is a financial statement representing your company's financial position at the end of a specific point in time. Many creditors and investors review the balance sheet to get a good understanding of your company's assets, liabilities, and equity.
Income Statement
An income statement, also known as a profit and loss statement, is a financial report presenting income and expenses for a stated period of time. The report also provides you with the company's net profit or net loss for a given accounting period. Financial performance can be assessed by reviewing revenues and expenses pertaining to operating and non-operating activities. Calculations can be done to evaluate what percentage of income applies to cost of sales or overhead. Giving your business insight into how profitable and efficient the company is operating. A comparative income statement can be extremely helpful in comparing current periods with prior accounting periods.
General Ledger
A general ledger is the master set of accounts that provides a complete record of financial transactions and account balances occurring within your company. The ledger contains data that is used to generate financial statements such as, a balance sheet and income statement. Reviewing your general ledger is a great way to ensure transactions are being recorded and classified correctly and uncover any discrepancies.
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Unlimited Consultations
Unlimited consultations mean I am always available to assist you with any questions you may have. It is important that my clients are able to understand and utilize the financial information I provide.