Bookkeeping
We perform small business accounting in accordance with Generally Accepted Accounting Principles and all applicable laws and regulations. The firm adopts an accounting system that ensures transactions accuracy and protects customers’ data and information. We are able to:
- Record the business expenses, revenues, investments and all other transactions on a daily basis and post them to the respective account ledgers to help you know the status of your business whenever it is needed.
- Track the income through investigating the customers’ accounts and advise of the debits ages to ensure a timely revenue collection. Also, identify any missing deposits, and detect and correct the account's errors.
- Update the vendors account and follow up the short and long term obligations to help pay them when they are due to avoid the late fees charges, helping to keep your business in good standing and eliminate wastes to adhere to efficiency and work growth.
- Account for your fixed assets and investments offering the advice of policies to protect them and increase their profitability.
- Protect your business through accounting for the inventory of materials, supplies and finished or semi-finished goods and calculate cost of goods sold (or used). We pay special attention to identify the quantity and cost of the missing or lost items and advise of procedures to help you to eliminate that money waste.
- Prepare the monthly Bank Reconciliation; the goal is to:
- Manage your cash and investments efficiently.
- Track the deposits, income and revenues.
- Identify missing or lost transactions.
- Detect bank and other errors and or unauthorized entries in time and advise of the corrections.
- Account for the bank debit/credit memos.
- Reduce or even eliminate the chance of manipulating your business funds.
- Ensure accuracy of the bank account balance to help in planning for your cash follows, the operations needs and the investments growth.
- Generate a variety of reliable reports to show the businesss financial positions (assets and obligations), results of operations (profit or loss), equity balance and cash follows statements. Depending on the accounts' balances and the business status, we are able upon request to produce special reports to help in managing the operations and making the appropriate decisions to improve performance, plan for the future and even start new businesses.
- Help to start and manage your business, set up budgets and forecasts, establish policies and procedures to best control your money and assets and advise for complying with applicable laws and regulations.
- Offer free consultation, and please be certain that: