Bookkeeping and reporting
Your business' books are like the dashboard in a pilot's cockpit. Without accurate and up-to-date info, you will likely land in the wrong destination.
Bookkeeping
For Business Owners seeking accuracy
-
We start with getting your accounting systems set up properly by utilizing technology and workflows that create 100% accurate financials, that require as little time as possible (if any) from you each month. Here's how we do it:
-
Choose the correct Quickbooks Online account
-
Set up the proper Chart of Accounts, customized to your business
-
Integrate your bank accounts with Quickbooks Online
-
Set up mileage tracking and easy submission of receipts
-
Create a personalized email address for forwarding digital receipts
-
-
Once your accounting systems are running seamlessly, we do the following for you each month:
-
Categorize all of your business transactions in a manner that maximizes your tax deductions
-
Reconcile each of your bank accounts and credit cards to ensure 100% accuracy
-
Update your accounts receivable to see which customers have outstanding balances
-
Troubleshooting and support for data feeds from your bank
-
Reporting
For Business owners looking to make informed decisions
-
Each month, you can expect to receive a report that includes some or all of the following:
-
How much money your business earned last month
-
How much money was paid to owner vs. how much stayed "in the business"
-
How much money your business has on hand at the end of the month
-
How much money your business owes at the end of the month
-
An analysis of your largest expenses
-
A comparison of how your business is performing compared to others in the industry
-
An analysis of key performance indicators that are critical to your business' growth
-
How your business performed compared the month prior
-
A comparison of your actual numbers to a budget prepared by our business advisory team
-
-
All reports are prepared and reviewed by CPAs to make sure that you are capturing all tax deductions properly
-
You will also receive an annual call to review your financials with a dedicated CPA