Bookkeeping Services

Payroll

  • Your employee paychecks on a monthly, semi-monthly, bi-weekly or weekly basis
  • Record of Employment for your terminated employees
  • Monthly 941 calculation and processing, Quarterly and Annual Tax preparation and reconciliation
  • Payroll reports accessible upon your request
  • Workers Compensation records maintained

Accounts Payable

  • Post your vendor invoices / checks. Including Inventory set up
  • Have your checks posted and printed on the computer
  • Track all your credit invoices
  • Can advise you instantly if your vendor has been paid
  • Posting of Credit Card Purchases
  • Posting and balancing of Inventory to match physical inventory

Accounts Receivable

  • Mail out of invoices to your clients
  • Posting of your written invoices to track revenue
  • Posting of your daily sales
  • Can advise you instantly if a customer has paid

Month End Transaction

  • Reconcile your bank account
  • All your monthly journal entries

Financial Statements

  • Your Income Statement with monthly and year-to-date figures
  • Your company Balance Sheet

General Bookkeeping

  • Booking all your miscellaneous transactions
  • Accounting for all your capital purchases
  • Preparing reports for your accountant at year end
  • Posting of closing entries after year end taxes are complete

Government Remittances

  • IRS and State Payroll taxes filed and paid as necessary
  • On-line filing of all 941 EFTS and Annual W-2’s
  • Sales and Use Tax return paid to proper Counties/state monthly and/or quarterly depending on your filing status
  • Workers Compensation Annual audit with payments made necessary
  • Corporate Tax installments paid as necessary
  • We offer a guarantee that your remittances will be paid on time or we will pay the late charges

Collection Letters

  • Your late paying customers are sent a series of three letters each increasingly more insistent upon payment
  • Receipt of payment is tracked

Income Tax Returns

  • Preparation of all Annual reports for your Accountant to prepare your Business and personal tax returns
  • Available to Work with your Accountant to answer any question to ease the tax preparation process

Fiscal Year End

You will receive a binder with the following information to take to your accountant at your fiscal year end:

  • Trial Balance
  • Balance Sheets
  • Income Statements
  • Bank Reconciliations
  • General Journal Entries
  • General Ledger
  • Accounts Payable detail report (if applicable)
  • Accounts Receivable detail report (if applicable)
  • Backup disk of accounting data for the year

You will also receive (as applicable):

  • Your Monthly and/or Quarterly sales tax reports for the year
  • Your Monthly, Quarterly and Annual Payroll reports
  • Your Workers Compensation Audit Reports
  • Your Liability Audit Reports
  • Your corporate tax remittances
  • Your capital purchases for the year