Areas of Financial Focus
These are the main areas in which we focus on for small and mid-sized businesses.
Accounting Solutions/Systems
Due to the simple yet dynamic capabilities of Quickbooks Online, we prefer to migrate all clients and businesses to that platform. If you have other software that is preferred, we can certainly accommodate those providing the end goal of accurate financials is met.
Budgets and Forecasts
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Through the use of Excel spreadsheets, we can create budgets based on prior year data or other sources of data. These numbers can then be used for forecasts and projections going out several years using typical processes. Budget numbers created can then be input for monthly or annual comparison purposes in Quickbooks.
Online Payroll Management
We are able to complete payroll either in a self-monitored mode or full-service mode. The main difference is in self mode we complete all monthly/quarterly/annual tax payments and produce year end reports and employee forms. Otherwise, Quickbooks Online handles it all.
Bookkeeping
All financial reporting comes through the upload of banking data from company accounts. That data is reviewed daily or weekly, depending on account type and volume. Constant contact with the business owner(s) ensures that all data is input into the correct accounts.
Financial Reporting and Analysis
Monthly financial statements are prepared for all clients and any accompanying data analysis, as needed, and contracted for. The financials will be in a format customized for you and will also be available for your CPA's usage for tax preparations and recommendations.
Cash Management
Through constant monitoring of cash accounts, projections of cash needs can be prepared and used to assist management. Typical usage would be on a bi-weekly or monthly basis with Excel sheets used to calculate cash needs. Monitoring of bank accounts can also be part of our services.