Accounting & Payroll

Accounting/Payroll Services

As your business expands we are here to ensure that our services help you to know where you were, where you are and where you will be.

Our accounting specialists will guide you through planning your business strategies to help you succeed.

We handle all your accounting need along with Payroll so you can focus on the operation of your business.

Payroll:

Employees play the most significant role to any company's success so it is important to get their payroll accurate and on time. From beginning to end we take care of it so you do not have, we handle the following:

• Monitor your payroll schedule and write checks to employees as they become due
• Collect and remit all federal and state withholding taxes on a timely fashion
• Complete your W-2 and W-3 reports accordingly at the end of year
• Prepare 1099 Misc for your independent contractor

Accounts Receivable:

In order to be viable it is crucial for any business to properly manage their income. An important aspect of maintaining the viability of your company growth is to track your account receivable. Our firm knows and understands such vital need and we take time to manage and ensure all invoicing and cash collection services are done in an efficient manner and as a result, we perform the following:

• Sustain Client Account Information
• Prepare Receivables/Client Invoices
• Submit Client Invoices for Payment and Posting Payments on Accounts as received
• Perform Aged Receivable Reports

Accounts Payable:

This account is an important aspect of your financial standing in the future because it shows your debt and reveals your solvency position. A company with higher debts tends to be more risky and less solvent versus a company in the opposite position. Our firm handles and takes your account payable very seriously. Therefore, we analyze patterns and advise you accordingly. We manage your account doing the following:

• Develop a customer chart of accounts
• Maintain vendor information
• Prepare Payables/Vendor Invoices and Generate Checks for Signature
• Make sure that any Discounts permitted are Taken
• Organize Processed Invoices and Check Registers
• Run Aged Payables Reports
• Analyze Payable Patterns and Issues

Bank Reconciliations:

We reconcile your monthly bank statement with your book to ensure the accuracy of the transactions and the available cash flow for spending. If there is a discrepancy, we advice you for further corrective measure.

Monthly Income or Operating Statements:

This statement will allow you to determine where you were, where you currently are and where you will be. It reveals your financial standing as to your strength and weakness so if there is a problem and or an opportunity you can address it head on. We prepare and maintain such statement and advise you on what you need to resolve and where you can improve.

Balance Sheet:

This statement will show assets, Liabilities, and Equities. Assets will include your cash balances, account receivable, inventory, etc. Your liability will demonstrate your ability to be viable which include your accounts payable, taxes owed, and other debts, etc. This financial statement is very crucial to creditors and can be served as your passport in case you need to obtain a loan for investment purpose because it helps assessing your liquidity, solvency, and financial flexibility.

Please call today and give us the opportunity to serve you.