BOOKKEEPING
s a small business owner you have more important things to do than to keep your own books. We take care of your books for you, so you can get back to running your business and generating profits.
Each month or quarter we will do the following:
Bank Reconciliation
Reconciling your business 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...
Income Statement
An income statement, 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. This information helps us determine a profit or loss for the period. An income statement allows us to....
Each month or quarter we will do the following:
- Reconcile your bank account/credit card statements
- Generate an income statement
- Generate a balance sheet
- Clean up your general ledger
- Record Cash Receipts
Bank Reconciliation
Reconciling your business 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...
- Identify lost checks, lost deposits and unauthorized wire transactions
- Detect and prevent excess/unjustified bank charges and ensures transactions
are posted correctly by your bank - Detect and prevent embezzlement of funds from within your company
- Know how your business is doing
- Manage your cash more effectively
Income Statement
An income statement, 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. This information helps us determine a profit or loss for the period. An income statement allows us to....
- Track revenues and expenses
- Determine what areas of your business are over-budget or under-budget
- Identify specific items that are causing unexpected expenditures
- Determine if your business is in a position to expand