Comprehensive Bookkeeping Management
Sometimes we find that our clients need more extensive bookkeeping services. We will customize our services to meet your individual business needs. Our more comprehensive services include the following:
Payroll
- Assist to whatever level needed with employee time records and payroll
- Prepare employee earnings statements compete with current pay period and year-to-date wages, taxes, and adjustments
- Prepare department summaries of month-to-date payroll data in addition to customized reports specific to client
- Prepare timely and accurate notifications of tax
liabilities and deposits
- Complete year-end W-2 forms
- Process and submit garnishment payments
- File new hire reporting to state
- Prepare, file, and pay all Federal, State, and Local
payroll taxes
- Record payroll expenses
Accounts Payable
- Input vendor bills (invoices)
- Classify expenses to the correct account
- Maintain vendor histories
- Manage vendor inquiries about payment status
- Maintain copies of vendor payments
- Prepare Form 1099 if/when applicable
- Issue checks to vendors based on due dates or client
instruction
- Reconcile vendor statements to accounts payable
ledger
- Reporting to organization on detailed aged payables and
cash requirements
Accounts Receivable
- Prepare invoicing or billings from client work orders
- Categorize receivable transactions into the accounting
system
- Prepare and issue periodic statements
- Issue client-approved credit memos and refund
checks
- Maintain subsidiary receivables ledger
- Process client-approved adjustments
- Record payment received to customer accounts, from
client prepared deposits
Cash Management
- Record sales and deposit reports
- Verify deposits and report variances
- Reconcile and verify credit card deposits
- Reconcile monthly bank statements
Depreciation
- Record and calculate depreciation and amortization
- Maintain and classify, capitalize, and record fixed
assets, items, and capital expenditures
- Maintain depreciation schedules in accordance with
Internal Revenue Service guidelines
Financial Reporting
- Profit and Loss (Statement of Income and Expenses) and
Balance Sheet (Statement of Assets and Liabilities) each
month-end
- Periodic Accounts Payable and Accounts Receivable aging
reports
Periodic Tax Filings
- Perform State and Local Sales and Use tax filings
- Perform Payroll tax returns as applicable
Additional Services
Depending on the nature of your business or your current financial situation, you may need further customized bookkeeping services to accomplish specific objectives. Some of our add-on choices are listed below, but if you need something not listed please check with us, as we try to accommodate all of your needs.
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