Accounting Services
Bookkeeping Services
We can write the checks to pay your bills, make your deposits, reconcile your bank statements, prepare summaries and controls of transactions and provide you with concise management reports on a daily, weekly or monthly basis. We also organize and file your documents to provide a complete audit trail in the event that you are ever audited. These services are ideal for small businesses who do not wish to employ a full time bookkeeper. We competently handle these very time consuming administrative chores, freeing you to spend your time more effectively generating revenue and profit. You can utilize some or all of these services depending upon your particular needs.
Payroll Processing Services
Our fully computerized professional payroll processing software enables us to prepare your payroll and payroll tax returns. We can even take care of all required tax deposit requirements. Information can be transmitted to us by telephone, Fax or E-Mail. Your payroll checks are delivered by courier or available for pick up.
Write-Up Services
We use your accounting records such as check registers, cash receipts and sales journals, bank statements and other items, from which we reconcile your bank accounts, create a general ledger and financial statements. Whether your system is manual or computerized we can accommodate your needs. We provide timely financial statements with comparatives to budget and to prior years, percentages and ratios of key financial data plus charts and graphs providing visual representations of your business. We also offer our clients a low cost modular computer write-up software for use on their in-house computer system that will print your checks, reconcile your bank, track and control your payables, bill and control your receivables and even do your payroll, depending on the modules you desire. This program interfaces directly with our own professional accounting software and transfers all of your transaction information to us on a single diskette each month. Information can even be transferred by modem. We fully train your staff and support the program.
General Ledger Services
The General Ledger is perhaps the most important component of any business set of books. It contains a summary of every transaction and adjustment needed to prepare financial statements and tax returns. It is the key map to your audit trail, whereby any item in your tax return can be traced to the original supporting documentation. Many companies are moving towards greater in-house accounting responsibility with off the shelf or customized user friendly comprehensive accounting software. With proper training and adequate software you can prepare your own in house accounting reports and bank account reconciliation's. We can step in and provide services starting at whatever point in the accounting process you wish. You can provide us with journals or an unadjusted trial balance and have us make the necessary adjustments to prepare accurate general ledgers, financial statements and tax returns. If you wish, we can help you develop your own system further by training or assisting your staff in making the monthly adjustments necessary to prepare your own in-house general ledgers and financial statements.
Financial Statement Preparation
We can prepare financial statements for any type of business or for personal financial purposes. These statements may include Balance Sheets, Statements of Equity, Profit and Loss Statements and Statements of Cash Flow. We can prepare formal accrual basis statements in accordance with Generally Accepted Accounting Principles established by the American Institute of Certified Public Accountants. We can also prepare statements on a cash basis which is an other form of financial presentation. In addition, we can design and prepare internal management reports addressing specific issues and needs. Most statements will include comparatives with your Budget and prior periods reflecting variance amounts and percentages Our statements are frequently accompanied with graphs and charts providing visual representations depicting many different perspectives of your operations, showing changes and trends over periods of time and relationships between key factors of your business.
Financial Models
Our computerized financial model software enables us to forecast the results of various alternative courses of action to compare with each other in determining the best course of action to take. We can construct models for any or all aspects of your finances with "what if" capabilities that reflect the impact of a change in one or more components on the entire picture.
Business Valuations
We can prepare professional valuations of your business for various purposes, such as Loan applications, Business sales or purchases, stock sales and divorces or dissolutions.
Loan Application Assistance
We can assist you in obtaining financing from various sources by filling out the often complex application forms required by various lenders. We also have established relationships with many local lenders enabling us to communicate directly with the actual persons with authority to make decisions, and discuss your needs and special situations face to face. Direct communications with these individuals enables us to present information not reflected in the applications, thereby enhancing your chances of obtaining the needed financing.
Budget Preparation
We can prepare budgets to reflect any or all aspects of your business or personal finances. Most common types include Operating Budgets of revenues and expenses, Cash Flow Budgets and Capital Expenditure budgets. These budgets can reflect monthly, quarterly, annual or long term activities. Budgets are invaluable management tools since they reflect your plans and goals. We will provide reports that reflect the variances between budget and actual results, enabling you to identify problem areas quickly enough to implement corrective action. Our budgets are flexible and continuous so as to reflect any anticipated changes over the short term or long term.
Projections
We prepare financial and tax projections for businesses and personal finances. These projections allow you to plan your financial activities to meet the requirements of your business operations, lenders and taxing authorities.
Financial Aid Applications
We can assist you in filling out the often complex forms required to obtain financial aid from various sources. We can also provide guidance in terms of the steps you can take to comply with the guidelines established by the various agencies.
