Bank Reconciliation
Reconciling your business checking account each month allows us to keep your bank account, accounting, and tax information up to date.
- Identify missing checks or deposits and unauthorized wire transactions
- Help detect and prevent excess/unjustified bank charges and ensure transactions are posted correctly by your bank
- Help detect and prevent embezzlement
- Manage your cash more effectively
- Protect your business. By timely reconciling and promptly objecting to your bank about any unauthorized, fraudulent or forged checks presented to your bank and paid by that bank, you can relieve your agency of responsibility for the shortfall and transfer the risk to the bank.
Income Statement
A profit and loss statement (income statement) is an itemized list of your revenues minus an itemized list of your expenses to show a monthly or quarterly profit or loss.
• Track revenues and expenses
• Track products, costs of goods sold
• Determine where you are with your budget
• Determine your income tax liability
Balance Sheet
A balance sheet gives you a snapshot of your business financial condition at a specific moment in time. It is part of the financial reporting to potential lenders, investors, or vendors who may be considering how much credit to grant you.
A balance sheet helps you:
• Analyze your receivables and payables to determine your position to expand your business
Clean 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, a problem with your general ledger throws off all your books.
- Review your general ledger system each month to find discrepancies such as double billing or any unrecorded payments
- Fix discrepancies for accuracy
Available Packages*:
Monthly bank statement reconciliation
Reconcile your business credit cards
Generate revenue report
Generate an income statement
Generate a balance sheet
General ledger cleanup
Account setup fee due at signing
*Other services will incur additional charges. We can periodically review this with you.
