Bookkeeping and Accounting

Accounting is not just a matter of fulfilling accounting obligations, it is an essential element of operational management control. That is why we will assume your accounting and bookkeeping activities, to help you maintain and support your business processes. We can also help establish and improve your internal control and policies. This gives you a meaningful foundation for your business decision processes.

 

If you are starting a new business we will help you to answer basic questions:

  • What accounting software to use
  • How to choose a tax year - Calendar vs.Fiscal
  • What accounting method to choose - Cash vs. Accrual
  • What category of staff to hire - Employee vs. Independent Contractor
  • What forms to file when hiring employees
  • How to apply for an Employer Identification Number
  • .....and many more questions that you might have

 If you have an established business we will help you manage multiple issues, including:

  • Management of Accounts Receivable and Accounts Payable
  • Setting up and maintaining the budgets
  • Reviewing and revising your Chart of Accounts
  • Financial statement preparations
  • General Ledger and bookkeeping
  • Bank account reconciliations
  • Tax recordkeeping and paperwork maintenance 
  • Set-up and maintenance of internal accounting systems