Accounting and Bookkeeping
Your business’s financial records hold the key to your success. From filing accurate taxes to helping you make informed decisions, those records influence the direction of your business. Our bookkeeping and accounting experts share the same goal of helping you and your business with its financial functions, they’re also responsible for tasks in different stages of the accounting cycle. Understanding those differences helps you in making critical decisions that lead your business to more success.
Your accounting period can be a month, a quarter, or a year. It all comes down to what works best for your business. Working with our accounting experts can help you hash out those details to make the accounting process work for you. When you get to the end of your account period, we generate an un-adjusted trial balance based on the recorded transactions and conduct an audit to spot any error in the numbers in the entries. Then we make adjustments to the journal entries to make sure all the numbers add up. That might include making corrections to numbers or handling accrued items, which are expenses or income that you incur but don’t yet pay for. That gets you to the adjusted trial balance where all the numbers add up. Once the accounting data looks fine, we prepare the financial report including the balance sheet and the income statement to assure that your financial statement is in perfect condition. Having a healthy financial status is key to take your business to the next level of success.
As we are handling your accounting and bookkeeping tasks, you can switch your focus to other aspects of your business.
For businesses we offer:
- Preparing monthly,quarterly & annually financial statements
- Administration of accounts payable and receivable
- Preparing employee payroll records
- Preparing WCB returns
- Accounting system design
- Business plan and cash flow projection
- Business start up consultation
- Financing options
- Compilation services- Notice to Reader