Bookkeeping Services
Our Full Charge Bookkeeping Service is designed to complete your daily financial record-keeping tasks as well as your month-end closing tasks, followed by preparation of your monthly financial reports and analysis of your business.
We want you to feel confident that your accounting system accurately reflects your current situation so you can concentrate on running your business instead of trying to stay on top of your books. The steps involved with basic bookkeeping can be overwhelming depending on the size of your business and the number of transactions. If you no longer feel like you have control of your books, give us a call. We will manage your business finances and keep you on the right track.
Accounts Payable
- 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
- Prepare and file required 1099 forms
- Cut checks to vendors based on due dates or client instruction
- Reconcile vendor statements to accounts payable ledger
Accounts Receivable
- Billings prepared as needed and mailed out
- 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
General Ledger Maintenance
- Make adjusting journal entries if required
- Overall maintenance of the general ledger
Account Reconciliations
- Reconcile accounts on a monthly basis to ensure accuracy
Monthly Closing
- Close books on a monthly basis
- Run management reports
Monthly Financial Analysis and Reports
- Run financial reports - Balance Sheet, Income Statement, Statement of Cash Flows
- Analyze activity in key financial accounts
- Provide explanations for significant changes in key accounts
