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Our Services

As an outsourced solution for small businesses, we pride ourselves in taking a large chunk of the accounting functions completely off of an owner’s plate. That process starts with a foundation of sound financials. It is essential that bookkeeping is performed accurately and in a timely fashion, as it is the driver for actionable financial information as well as the basis of tax filings. Errors in the books can be very costly, from poor decision making based on faulty data to overpaying taxes. 

QuickBooks Online is our accounting platform of choice, as it is the clear cut industry leader and is robust enough to handle 100% of the accounting needs of virtually all small businesses. It allows for integration with a multitude of apps (e.g., time tracking, expense reporting, online bill pay, etc.) that provide for a more efficient accounting system, which increases accuracy and saves a tremendous amount of time and money.

Generally speaking:

Bookkeepers record daily transactions in a consistent way to generate financial statements that show a business's performance over a past time period.

Advisors are thought partners to small business owners with the expert knowedge to optimize a business's financial performance & develop strategies for future growth.

Click here to go to CFO Advising Services details.

Bookkeeping Services can include:

  • Capturing and properly coding all bank and credit card transactions

    • ​Use the general ledger to track every dollar that flows into or out of the company. Organizing such data is vitally important, and properly managing the general ledger ensures every transaction is recorded and categorized correctly.

  • Bank and credit card reconciliation

    • ​Reconcile credit card and bank transactions by comparing the transactions in credit card and  statements to the company's ledger to ensure and support accurate bookkeeping.

  • Accounts receivable

    • ​The accounts receivable process is the series of steps to collect on credit sales and record revenue:

      • Customer places order

      • Invoice is sent

      • Collections are managed

      • Investigate disputes

      • Write off uncollectible debt

      • Process payments

        • ACH or EFT​

        • Wire transfer

        • Credit or debit card

        • Checks

      • Post payments

      • Ongoing reporting of A/R status

  • Accounts payable

    • The accounts payable process is the series of steps to complete a purchase:​

      • Send PO to supplier​

      • Receive goods

      • Receive invoice

      • Match PO and invoice

      • Route invoice for approval

      • Submit invoice for payment

      • Record all payments in the general ledger

  • Payroll processing and tax filing

    • ​Compensating employees for their work to include calculating earnings, withholding deductions, filing payroll taxes and delivering payment.

  • Job costing

    • ​Job costing is also sometimes called project-based accounting.  It is the process of tracking costs & revenues for each of a company's projects. Job costing looks at each project in detail, breaking down the costs of labor hours, materials, and overhead. 

  • Inventory tracking

    • ​The recording of every transaction and investment related to inventory items, making it easy to manage and track their movement allowing for more accurate/efficient use of inventory levels.

  • Fixed asset management

    • ​The process of tracking and maintaining an organization's physical assets and equipment. 

  • Sales tax accounting and filing

    • Recording collected sales tax and filing with the proper government entity.​

  • Financial reporting

    • ​The process of documenting and communicating financial activities and performance over specific time periods, typically on a monthly, quarterly, or yearly basis. Companies use financial reports to organize accounting data and report on current financial status.

  • Management reporting

    • ​Preparation of the proper reports to keep stakeholders informed of company activities. They're used by managers and owners to run the organization, make business decisions, and monitor progress.

  • 1099 filings

    • ​Form 1099s are used to report certain types of non-employment income to the IRS. 1099s must be issued to any payee (other than a corporation) who receives at least $600 in non-employment income during the year.

CFO Advising Services can include:

  • Forecasting and planning

    • ​Our advisory team provides financial forecasting and financial planning insights to determine how your business decisions will affect growth in the short and long term.  The use of modeling tools gives owners the insight needed to make better decisions.

  • Management reporting

    • Our reporting tools provide amazing and insightful views of a company's data.  These reports can be visually customized to fit the learning style of the individual owner or management team.​

  • Board presentations

    • We can develop and present company data and forecasting to a company's directors.​

  • Strategic Management Analysis

    • ​Our reporting tools provide the thought leadership and KPIs you need to identify whether your company is thriving or just surviving.

  • Budgeting

    • ​Financial budgeting tools help owners accurately anticipate capital expenditures, cash flow, and more so you can chart a course forward.

  • Financial Analysis

    • Taking a deep dive on the health of your company's finances gives the owners the information they to make informed decisions regarding personnel, inventory, cash flow and more. ​

  • KPI development (Key Performance Indicators)

    • ​A financial key performance indicator (KPI) is a leading high-level measure of revenue, expenses, profits or other financial outcomes that are tracked over a given time period. Typical examples are working capital, current ratio (assets / liabilities), debt to equity ratio, burn rate, inventory turnover, total revenue per employee, gross profit margin and operating cash flow.

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