We provide small business accounting services to those who need to focus on their trade rather than bookkeeping on a monthly or quarterly basis. In addition, we also provide payroll, tax planning, tax preparation or other services that your business may need.

Bank Reconciliation

We help you manage your account by assisting you with determining the difference between the bank statements and your general ledger.

Income Statement

An income statement, also known as a profit and loss statement, statement of activities or statement of operations, subtracts expenses from revenue to show your profit or loss for a given period.

The purpose of the income statement is to:

Track revenues and expenses so that you can determine the operating performance of your business
Recognize what areas of your business are over-budget or under-budget
Identify specific items that are causing unexpected expenditures
Monitor dramatic increases in product returns or cost of goods sold as a percentage of sales
Determine your income tax liability
Predict cash shortages

Balance Sheet

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

A balance sheet allows you to:

Understand the financial strength and capabilities of your business
Identify and analyze trends, particularly in the area of receivables and payables
Determine if your business is in a position to expand
Examine your current cash reserves

General Ledger

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, an inconsistency in your general ledger throws off all your financial reports. We help you maintain your general ledger system by assisting you in detecting any discrepancies such as double billings or any unrecorded payments.