Bookkeeping
Payroll
Quarterly and annual state and federal payroll reports
Bank and credit card reconcilliations
W-2s and 1099s at year end
Business taxes (City & County)
Financial records are essential to manage your company efficiently and profitably. Your records should keep you informed of the financial situation of your business at any given time. You need to know how much money you are making and how much your are spending. In other words, you need a correct profit and loss statement.
You do not need a CPA to do your bookkeeping through the year. You do need good financial reports to take to your CPA at the end of the year to prepare your federal income tax forms.
Experience has taught me that instruction manuals that come with accounting software are not very good. There are vague, limited instructions and bookkeeping terms are not used. If you have a problem or make a mistake the manuals are not much help.
My job is to help make you more successful by setting up your business in QuickBooks and
to train you or someone in your company to enter daily financial transactions correctly:
- Generate customer invoices
- Apply payments to those invoices and make bank deposits
- Enter vendor bills and apply them to the correct expense account
- Print checks to pay vendor bills
- Reconcile your bank statement
The above are the basic financial transactions for a business.
QuickBooks is user friendly, but it takes some knowledge of bookkeeping in order to receive the maximum benefits the software offers. For help, give me a call–901-746-8827.
“Just like a three-legged stool needs all three legs to be functional, the lack of adequate accounting and financial knowledge will eventually sink a business.”
