Services for your business

Our Company can guide you for forming your new Corporation, including the preparation of financial statements and business plans to help secure funding.

The IRS gives corporations a series of tax benefits and advantages that are not available to sole proprietorships and other forms of small business. That’s why we recommend business owners seek proper advice as to which type of corporate structure is appropriate for their particular needs.

To save you from unnecessary taxes and limit your liability, we begin by helping select the right structure for your type of business (S-corporation, C-corporation, partnership or LLC). Included in our incorporation services is a semester tax analysis service to secure the best possible tax position for the available benefits for your new corporation.

In addition, by working with our advisors you discuss the current vision and strategy and test these against the identified strengths, weaknesses, opportunities and threats.

Call for a FREE initial consultation to help you choose the right structure and ensure that you minimize your taxes.

QuickBooks is the ideal business financial software for small to mid-sized business owners. You can save time on bookkeeping and paperwork.

Because many of simple bookkeeping tasks are handled automatically making it easier to run your business. You save money because QuickBooks is so affordable. You can use it to run a $5 million or a $25 million business for a few hundred bucks. PC  software is truly one of the great bargains in business.

QuickSetup

Although QuickBooks is designed for the layman to understand, the initial setup and installation can be tricky. Save hours of frustration by allowing us to setup QuickBooks for you correctly. All information necessary to setup manual records is also necessary to setup and install QuickBooks on your desktop. This task is even more complicated if you switch from manual operations to QuickBooks in the middle of the year.

Which financial method will you use? What chart of accounts do you need for your business? How do you handle beginning balances?

An expert can easily answer all of these questions and complete the initial Setup and Installation in a timely manner. In addition, your Financial Department employees receive training on the software to enhance their performance.

QuickBooks Training

Once QuickBooks is setup and working properly, we can train you or your employees to properly operate QuickBooks specifically for your business.

QuickBooks Payroll

We offer comprehensive payroll services that integrate with your business’s QuickBooks systems.

QuickAnswers

Employees in your financial  department will find comfort in knowing that the answers to their QuickBooks questions are only an email or phone-call away. Email and telephone support prevents many wasted hours of aggravation. Employees in your financial  department will find comfort in knowing an Expert in QuickBooks is only an email or phone-call away. Email and telephone support prevents many wasted hours of aggravation.

Questions may be called in, left on voice mail, faxed or sent via e-mail. A Certified Professional Advisor who specializes in working with QuickBooks will respond with a detailed solution to your problem or question, usually within 24 hours.

Reconciling your business checking account each month allow us to keep your Bank Account, Financial Statements  and Taxes up-to-date.

Having us reconcile your account each month allows you to…

• Identify lost checks, lost deposits and unauthorized wire transactions.
• Detect and prevent excess/unjustified bank charges and ensures transactions are posted correctly by your bank.
• Detect and prevent embezzlement of funds from within your company.
• Know how your business is doing? You can’t really know unless all accounts are reconciled and properly accounted for on your financial statement.
• Manage your cash more effectively. Proper management of funds not only saves money, it makes money for you.
• Protect yourself. By timely reconciling and promptly objecting to your bank about any unauthorized, fraudulent or forged checks presented to your bank and paid by that bank, you can relieve your agency of responsibility for the shortfall and transfer the risk to the bank. This reason to reconcile alone should be enough. Crime exists.
• Sleep better. You will sleep more peacefully at night knowing your bank accounts are reconciled, in balance and that all escrow funds, accounts, checks and disbursed funds are properly accounted for.

A balance sheet gives you a snapshot of your business’ financial condition at a specific moment in time.

A balance sheet helps you…

• Quickly get a handle on the financial strength and capabilities of your business.
• Identify and analyze trends, particularly in the area of receivables and payables. For example, if your receivables cycle is lengthening, maybe you can collect your receivables more aggressively.
• Determine if your business is in a position to expand.
• Determine if your business can easily handle the normal financial ebbs and flows of revenues and expenses.
• Determine if you need to take immediate steps to bolster cash reserves.
• Determine if your business has been slowing down payables to forestall an inevitable cash shortage.

Balance sheets, along with income statements, are the most basic elements in providing financial reporting to potential lenders such as banks, investors, and vendors who are considering how much credit to grant you.

An income statement, otherwise known as a profit and loss statement, basically adds an itemized list of all your revenues and subtracts an itemized list of all your expenses to come up with a profit or loss for the period.

An income statement allows you to…

• Track revenues and expenses so that you can determine the operating performance of your business.
• Determine what areas of your business are over-budget or under-budget.
• Identify specific items that are causing unexpected expenditures. Like phone, fax, mail, or supply expenses.
• Track dramatic increases in product returns or cost of goods sold as a percentage of sales.
• Determine your income tax liability.

The general ledger is the core of your company’s financial records. These records constitute the central “books” of your system. Since every transaction flows through the general ledger, a problem with your general ledger throws off all your books.

Having us review your general ledger system each month allows us to hunt down any discrepancies such as double billings or any unrecorded payments. Then we’ll fix the discrepancies so your books are always accurate and kept in tip top shape.