Monthly or quarterly, depending on the size of your business and your specific needs, we will take care of the following accounting and bookkeeping services, which benefit your business in the following way...
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Bank reconciliation…
- Identify lost checks, lost deposits, or unauthorized wire transfers.
- Detect and prevent embezzlement of funds from within your business.
- Track your business growth and manage your cash effectively.
- Protect yourself from bank errors, fraudulent checks, and other financial crimes directed toward your business.
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Income statements…
- We will provide you with regular profit / loss statements that will help you track the operating costs of your business.
- Understand what areas of your business over / under budget are and identify the specific areas that need attention to keep your business profiting.
- Track increases in product sales or returns as a percentage of your sales.
- Determine your current tax liability.
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Balance sheets…
- Gives you a snapshot of the financial health of your business at any given point of time.
- Identify and analyze trends in receiving and payables and take prompt action to keep those trends going in a direction beneficial to your company.
- Balance sheets, along with income statements, are the single most important elements for reporting to potential lenders and investors.