OUR CORE SERVICES TO OUR BUSINESS CLIENTS
With each client our services are established based on the individual needs of each client. Our range of services can be from the basic bookkeeping services to providing complete financial management services where the need for a Chief Financial Officer is identified, but not needed on a full-time basis.
We provide various accounting services to our clients which includes some of the following:
Bookkeeping and Accounting Services
Our basic bookkeeping services can include the processing of customer invoices for billing, payment of vendor invoices, processing of a client’s payroll to posting of the financial transactions to provide specific ledgers and providing reconciliation of information, e.g. bank reconciliations. Depending on our client’s needs, we can provide support in their office or from our office.
Compilation and Review of Financial Statements
The compilation of Financial Statements is the presentation of financial information in a financial statement format from information provided by our clients.
The review of Financial Statement is the analytical analysis and use of other procedures to provide assurance that the statements prepared by our clients is presented in accordance with the proper accounting principles utilized in the presentation of the financial statements.
We would be most happy to outline these services and identify the appropriate needs for your business.
Budget and Planning
If you want your business to grow, you must not only plan how you’ll make it grow, but also how you will pay for that growth. Good financial planning is the cornerstone to success. We can help in the establishing a good financial planning system which can properly outline your goals and help establish the financial means to pay for those goals.
Cost Control
The most strategic factor in business is KNOWLEDGE. Business owners who have a good knowledge of how to get production and sales need to also know the fundamentals of:
- Correct allocation of expense and overhead items
- Sound credit policies
- The proper balance of assets to capital
- Management of liabilities
- Funding of future growth
The information contained in the business financial statements provide valuable “nuggets” to help control costs and thereby improve profits. We can provide to our clients a valuable resource in the evaluation of costs and helping them to keep operations economical and efficient thereby keeping down the growth of expenses and improving their profits.
Loan Request Packages
Proper planning is the cornerstone to determining your CASH NEEDS. However, the acquisition of cash doesn’t assure business success. You need to show how the acquisition of the needed funds will produce profits and how accumulated funds will be managed. Those in the business of loaning money are interested in your business success–Your success is their success. Your challenge is to convince a lender that you are a good risk. Part of the process is to provide them with financial information to evaluate the opportunity for which you are requesting funds. We can help in preparing the financial documents required to outline the needs of the request, the use of the funds provided, and how their loan will make your business more profitable.
Complete Financial Management Services
As a business grows, the need for current financial information expands. The need to continually evaluate your financial systems–Accounts Receivable, Accounts Payable, Capital Funding, Cost Allocations, Payroll and related reporting, etc. is incumbent to the success of your business. We have the necessary experience and the knowledge to establish financial reporting systems required to provide information for you to make good, sound decisions about your business.