Business Services

Services cover all small business accounting services necessary such as:

• Bookkeeping Services
  • Perform day-to-day bookkeeping and accounting data entry services
  • Bookkeeping clean up services
• Payroll
  
  • Preparation of payroll checks and direct deposit
  • Process of payroll tax reporting
  • E-filing services
  • Preparation of quarterly and annual payroll tax returns
  • Prepare employee earnings statements complete with current pay period and year-to-date wages, taxes, and adjustments
  • Prepare department summaries of month-to-date payroll data in addition to customized reports specific to client
  • Prepare timely and accurate notifications of taxable liabilities and deposits
  • Prepare year-end W-2 forms
  • Respond to requests for employee verifications
  • Process and submit garnishment payments
  • Respond to employee payroll inquiries
  • Prepare and file new hire reporting to state
  • Prepare, file, and pay all federal, state, and local payroll taxes
  • Reconcile health insurance payments and make payroll deductions when required
• Accounts Payable
  • Record vendor invoices and prepare checks
  • Input vendor invoices to payable system
  • Classify invoices to the proper G/L account
  • Request and maintain vendor W-9 information
  • Maintain vendor master files
  • Respond to vendor inquiries about payment status
  • Retrieve copies of payments as necessary
  • Process requests for stop payments when necessary
  • Cut checks to vendors based on due dates or client instruction
  • Reconcile vendor statements to accounts payable ledger
  • Reporting to organization on detailed aged payables and cash requirements
  • Process year-end 1099 forms
• Accounts Receivable
  • Prepare custom invoices and maintain accounts receivable
  • Prepare and mail billings as needed (all billings provided to client for approval prior to mailing)
  • Record and account for revenue
  • Input receivable transactions into the accounting system
  • Prepare and deliver periodic statements
  • Issue client-approved credit memos and refund checks
  • Maintain subsidiary receivables ledger
  • Process client-approved adjustments
  • Apply cash received to customer accounts and resolve “short pays”
  • Perform low-level phone collections as needed by client
• General Ledger and Chart of Account Maintenance
  • Journl entry preparation
  • General ledger review and analysis
  • Setup Chart of Account & General Ledger
  • Conduct monthly and year-end closing procedures
  • Perform bank and other accounts reconciliations
  • Analyze and adjust general ledger for preparation of financial statements
• Cash Management
  • Process daily sales and deposit reports
  • Verify daily deposits and report variances
  • Reconcile and verify credit card deposits
  • Reconcile monthly bank statements
• And much more…