Accounting Services

Monthly Bookkeeping & Tax Services Package

Keeping track of the financial picture of your business is imperative to growing, as well as staying in business. We can provide comprehensive bookkeeping and accounting services to ensure the smooth operation of the financial side of your business. As your business needs grow and change, we can provide input and planning assistance to make sure your accounting and financial processes keep pace with your business needs.

Additionally, effective tax preparation and planning can help you to minimize your business tax liability. We can help you proactively manage both your personal and your business tax issues, including understanding how upcoming business opportunities impact your tax status. Not all tax planning opportunities are readily apparent. By having us on your team, you are more likely to benefit from those opportunities. We understand how the latest tax legislation and other developments affect you and your business and we are constantly identifying new ways to reduce tax liabilities for our clients.

Be sure to bookmark our Record Retention Guide.

Note:  For small business owners we can structure a fixed-price monthly service to manage both your bookkeeping and your tax preparation while you do what you do best – run your company.

Financial Statement Compilation Services

What is a compilation?

A compilation involves preparing the financial statements of an entity based on information provided by the entity’s management. Those statements may be in conformity with generally accepted accounting principles (GAAP), cash basis, or the income tax basis of accounting. We look at the data prepared by management and decide whether it contains errors or is incomplete and needs adjustments.

Compiled financial statements assist management in making operating decisions, making budget decisions, and completing loan applications.

For more information about compilation, review, and audit services be sure to download our Compilation Services Guide.

Why not use the system-generated financials?

  • Simply put – garbage in, garbage out. The accounting software does not know that you did not classify your transactions in accordance with GAAP.
  • The software cannot make year-end adjustments for accruals, prepaid expense, current portions of long-term debt and similar items that require accounting knowledge.
  • Footnotes and disclosures typically have to be prepared outside of the accounting system.
  • Some software products do not convert accrual basis to cash basis properly, thereby producing an inaccurate statement of cash flows.

Call today to schedule an appointment!