Our Monthly Write-up Service is the most cost effective and affordable accounting service for small businesses. We simply take your bank, credit card, line of credit and any other electronic payment and receipt vehicle and perform these tasks.
Input transactions into QuickBooks Online
Assign items to appropriate accounts
Reconcile statements
Produce monthly financial statements
This service is for businesses with heavier transaction volume, which requires time sensitive management of vendor payments, customer invoicing and collection. We will provide you with the write-up package and the following services.
Accounts Payable: Maintain vendor records and prepare checks for your signature and mailing.
Accounts Receivable: Invoice customers. We can also accept payments and make deposits.
Collections: Prepare collection letters for you to sign and send to customers.
Product Line Tracking: Use of class codes to track revenue and expenses related to your specific product lines.
Inventory tracking: Maintain a database of your inventory and perform monthly physical inventory reconciliations.
Fixed Asset Tracking: We will maintain a database of your fixed assets and book values.
We will prepare your sales and use tax, property tax and other local taxes.
We have relationships with CPA firms and enrolled agents who can prepare your annual tax filing.
This service provides you with an experienced management accountant (non-CPA) who can perform the following.
Budgeting
Budget vs. Actual Analysis: Compare your budget to actual performance.
Cash Forecasting: Project inflow and outflow of cash to assist with resource management.
Cash Forecast Variance Analysis: Compare forecast to actual performance.
Revenue analysis: Who are your most and least profitable customers.
Other reports and analysis as requested.