OUR PROCESS

Basic foundational services to keep a business legal,  organized for operations and preparing for annual tax filing.

• Transaction Categorization: Coding every bank and credit card transaction
• Bank Reconciliation: Matching software records against bank statements to ensure every penny is accounted for
• Financial Statements: Monthly delivery of three key reports:

 Profit & Loss (P&L): Shows if the business made or lost money.

Balance Sheet: Lists assets, liabilities, and equity.

Cash Flow Statement: Tracks the actual movement of cash.

• Receipt Management: Using tools to digitize and store receipts for tax audits.

Integrating standard foundational bookkeeping services (Package A) with back-office services to provide a solution that maximizes synergies. 

• Accounts Payable (AP): Managing and paying the business’s bills.
• Accounts Receivable (AR): Sending invoices to customers and following up on late payments (collections).
• Tax Preparation: Preparing financial statements, audit-proofing expenses and 1099 management
• Payroll Processing: Calculating wages, withholding taxes, and ensuring employees are paid via platforms.
• Sales Tax Filing: Calculating monthly or quarterly sales tax returns.
• Letter Writing: Preparing formal correspondence between the company and its customers and suppliers.