Reconciliation of business’s accounts payable (money owed to suppliers) and accounts receivable (money owed by customers) records with their actual transactions.

A range of transactions that require specialized accounting knowledge, including accrued expenses, deferred revenue, depreciation, correcting entries, specialized entries

Examining company’s financial statements and providing the following analysis: profitability ratio, liquidity ratio, solvency ratio

Utilize accounting software and dashboards, regularly review and analyze data, Accounts Receivable Days, Accounts Payable Days

Developing a detailed budget that outlines projected income and expenses, allowing for informed decision-making and resource allocation.

Keep business up to date with accounting processes updates and software releases.

Set Up

System setup, creation of chart of account and customization of forms, bank & credit card account connections, data record configuration.

Help businesses to calculate wages, withhold taxes, issue paychecks, and file payroll taxes.

Sales and Use Tax Returns

Help businesses to comply with sales and use tax laws by accurately calculating and filing returns, staying updated on regulations.

Accounts Payable (entry/ bill payment)

Processing vendor invoices, matching invoices with purchase orders and receiving documents, making timely payments, reconciling vendor statements.

Phone Consultation/Support

30 min to 1 hr. meeting once a month to assist clients and to provide expert opinions on various financial matters, such as budgeting, cash flow management, systems, and strategies.