Accounting Services

• Maintaining the billing system
• Generating invoices and account statements
• Performing account reconciliations
• Maintaining accounts receivable files and records
• Producing monthly financial and management reports
• Investigating and resolving any irregularities or enquiries
• Assisting in general financial management and analysis

• Keeping track of all payments and expenditures, including payroll, purchase orders, invoices, statements, etc.
• Reconciling processed work by verifying entries and comparing system reports to balances
• Maintaining historical records
• Paying employees by verifying expense reports and preparing pay checks
• Paying vendors by scheduling pay checks and ensuring payment is received for outstanding credit; generally responding to all vendor enquiries regarding finance
• Preparing analyses of accounts and producing monthly reports

 Bank reconciliation is the process of comparing your company’s bank statements to your own records, ensuring all transactions are accounted for. An effective bank reconciliation process can identify any discrepancies in your company's records, and help prevent fraud and theft from your bank account. 

• Monitor accounts to identify outstanding debts
• Investigate historical data for each debt or bill
• Find and contact clients to ask about their overdue payments
• Take actions to encourage timely debt payments
• Process payments and refunds
• Resolve billing and customer credit issues
• Update account status records and collection efforts
• Report on collection activity and accounts receivable status

• Record incoming cash

1. Revenue
2. Loans
3. Invoice payments

• Update accounts payable
• Reconcile accounts

1. Cash, checking, and savings accounts
2. Bank loans and notes
3. Prepaid or accrued accounts

• Review petty cash
•  Look at fixed assets
• Count inventory
• Organize and review financial statements

1. General ledger
2. Business balance sheet
3. Profit and loss statement

•  Check revenue and expense accounts
• Review information before closing
• Prepare for next month

Closing your books monthly is essential for your business. It can show you your business’s financial information and what areas you need to improve in. Closing your books monthly can also help you make decisions about your business’s finances, prevent costly mistakes, and prepare you for tax time.

 QuickBooks Clean Up is a process of organizing and reconciling financial transactions in QuickBooks to ensure that the books are accurate and up to date. The purpose of the clean-up process is to eliminate errors, discrepancies, and duplicate entries that can affect the accuracy of financial reports 

 Teaching clients how to use the software effectively and make the most of their money. 

• Balance sheet
• Income statement
• Cash flow statement

Setup Business

• Register business with your state 
• Register EIN 

Close Business

• Complete paperwork for the close of business