Each month or quarter I'll do the following things for you... These tasks form the solid foundation of your small business accounting system. You can customize the package of services you receive by adding payroll, tax planning, tax preparation, or any of my other services.
Each month or quarter I'll do the following things for you...
These tasks form the solid foundation of your small business accounting system. You can customize the package of services you receive by adding payroll, tax planning, tax preparation, or any of my other services.
Reconciling your business checking account each month allow me to keep your bank account, accounting, and taxes up-to-date.
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 to come up with a profit or loss for the period.
An income statement allows you to...
A balance sheet gives you a snapshot of your business' financial condition at a specific moment in time.
A balance sheet helps you...
Balance sheets, along with income statements, are the most basic elements in providing financial reporting to potential lenders such as banks, investors, and vendors who are considering how much credit to grant you.
The general ledger is the core of your company's financial records. These records constitute the central "books" of your system. Since every transaction flows through the general ledger, a problem with your general ledger throws off all your books.
Having me review your general ledger system each month allows us to hunt down any discrepancies such as double billings or any unrecorded payments. Then I'll fix the discrepancies so your books are always accurate and kept in tip top shape.
I am always available to spend time with you so you fully understand how to interpret and utilize the financial information I provide. Please feel free to call me whenever you have a question or concern.
An income tax form is like a laundry list - either way you lose your shirt.
The hardest thing in the world to understand is the income tax.
The difference between death and taxes is death doesn't get worse every time Congress meets.