Bookkeeping Services
Financial Organization
Stay on top of your finances without the stress. Financial organization keeps your income, expenses, receipts, and accounts neatly organized and up to date. You will have a clear financial picture and thoroughly understand your business's finances, allowing you to more effectively grow and expand. Our comprehensive bookkeeping service will manage all financial aspects of your business. From cash collections to billing and payroll, we have you covered.
Financial Statements
We provide accurate and timely financial statements to help you make informed business decisions. Whether you need periodic updates on your financial picture, financial forecasts, or a detailed breakdown of your books, we are here to help. Our financial statements are simple, clear, and completely customized to fit your business or personal needs.
Bank Reconciliation
Having us reconcile your account each month allows you to:
- Identify lost checks, lost deposits, and unauthorized wire transactions
- Detect and prevent unjustified bank charges and ensure transactions are posted correctly by your bank
- Detect and prevent embezzlement of funds from within your company
- Manage your cash more effectively
Tax Preparation
We help properly maintain your books so you can hand them off to a CPA during tax season and avoid costly accounting work.
Invoicing
You continue to do what you do best, and let us ensure you get paid for it. We can help make sure that your customers are invoiced promptly and follow up on past due and aging accounts receivable.
More about financial reports
Income Statement
Statement of Cash Flows
Income Statement
Commonly known as a profit and loss or P&L statement, the income statement summarizes your financial performance over a period of time.
- Trackss revenues and expenses so that you can determine the operating performance of your business.
- Determines what areas of your business are over-budget or under-budget.
- Pinpoints specific items that are causing unexpected expenditures. Like phone, fax, mail, or supply expenses.
- Tracks dramatic increases in product returns or cost of goods sold as a percentage of sales.
- Identifies your income tax liability.
Balance Sheet
Statement of Cash Flows
Income Statement
The Balance Sheet is a snapshot of your company's financial position at a specific point in time. This statement will show what you own (assets), what you owe (liabilities), and the residual business value (owners' equity).
- Identify and analyze trends, particularly in the area of receivables and payables. For example, if your receivables cycle is lengthening, maybe you can collect your receivables more aggressively.
- Indicates if your business is in a position to expand.
- Reveals if you need to take immediate steps to bolster cash reserves.
Statement of Cash Flows
Statement of Cash Flows
Statement of Cash Flows
The Statement of Cash Flows summarizes all the cash inflows and outflows of the business over a period of time. This statement gives you insight into how your business generated and used cash.
- Identifies what areas of your business are over- or underperforming.
- Analyze how the business is performing year over year.
- Determine cash positions and liquid assets available for reinvestment, debt payoff, or acquisitions.