My Services

(Choose any or all of the services below)

Initial Setup

 

If you are starting a new business or if your business is already running but the accounting hasn't been done, I can assist you in setting up an accounting system. I recommend using Quickbooks Online, a great system that can be securely used via a web browser for a small monthly fee.

However, if your business requires a specialized software, I will assist you in finding the right one. Once an accounting software is selected, I will customize your chart of accounts depending on your specific business needs. I will set up products or services and link these to specific accounts to ensure transactions are categorized in the desired areas for meaningful reporting.

Bookkeeping Clean-Up

 

If your current accountant relationship isn't what you'd like it to be, I am able to evaluate, provide feedback, and take it over if it is determined that accounting activities and processes can be improved or streamlined.

Bank & Credit Cards

 

Many businesses have multiple bank accounts and credit cards when it makes sense. As a general rule, I recommend separate accounts for operating, investment, and payroll activities.

Many credit card companies offer cash back or other incentives for purchases. My advice is to use credit cards for as many business expenses as possible and pay statements in full at the end of the billing cycle. This way you will get cash back, free travel, or other incentives from your credit card company and avoid finance fees.

I also recommend that the accounting system be linked to your bank or credit card institutions to automatically download all transactions. This simplifies the recording of transactions saving time, effort, and accounting fees.

Accounts Receivable & Income

 

I will act as liaison between you and your customers (or clients) for the sale of goods (or services). This includes, but is not limited to, setting up new customers (or clients) in the accounting system, verifying and entering invoices, resolving discrepancies, collections, applying payments to open invoices, reconciling open balances, and providing reports that show trend and analysis.

Accounts Payable, Costs, & Expenses

 

I will act as liaison between you and your suppliers (or vendors) for the purchase of goods (or services). This includes, but is not limited to, setting up new suppliers (or vendors) in the accounting system, verifying and entering bills, resolving billing discrepancies, coordinating payments with your approval, getting w-9's, issuing 1099's, providing reports that show trend and analysis.

Payroll

 

As a business grows and employees are added, I will be there to assist you in setting up a payroll system. Using a preferred payroll system, I will set up new employees, track time and attendance, process payrolls, terminations or separations, quarterly and year-end tax compliance, W-2’s, and worker’s comp management.

Month-End Closing

 

I will assist you in reconciling cash, prepaid assets, fixed assets, corporate credit cards, deferred revenue, general accruals, payroll accruals, revenue recognition, depreciation, and amortization, etc.

These are areas often overlooked by an inexperienced bookkeeper.

Financial Statements

 

I will provide you with timely, accurate monthly financial statements. These will include a customized balance sheet, income statement, cash flow, budget vs actual, revenue & expense analysis, and any other reporting that is important depending on what your business does. I will help you determine any other reports you might need.

Budgeting

 

Budgets are a roadmap to success. I will customize business budgets and make them as complex as you'd like them to be. These can be done directly within the accounting system, or in excel. You will be able to compare annualized actuals to budgeted numbers for the year. These reports will assist you in making decisions about areas of your business that aren't going according to plan.

Internal Controls

 

Internal controls are in integral part of a business and needs to evolve as the business grows. I can help you establish checks & balances, and ensure flow of information is smooth. Proper controls safeguard your assets.

Audits

 

Some businesses require independent CPA audits due to certain bank loans or investor requirement. I am able to evaluate and transform your accounting records to be audit ready in compliance with GAAP.

Sales & Use Tax

 

I will assist you in calculating sales and use tax and file the required quarterly statements. If you don't have a resale certificate and need one, I will assist you in getting it.

Tax Preparation

 

As my client, your books will be accurately maintained and I will coordinate with your tax preparer and provide all the accounting records necessary to prepare you business tax return. If you don't have a tax preparer this can be taken care of through me.