ACCOUNTING & BOOKKEEPING

Our Accounting & Bookkeeping Services Include:

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•  Monthly or Quarterly Reporting

•  Financial Statements

•  Bank Reconciliations

•  Profit & Loss

•  Balance Sheet

•  General Ledgers

•  Sales Tax Reports

•  Quarterly Payroll Tax Reports

•  Estimated income tax payments

•  Yearly Business Assessment

•  Monthly Financial Analysis

•  IRS and State Representation

•  Fixed Monthly/Quarterly Billing

•  Tax Planning

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Accrual and Cash Methods

Accrual and cash accounting are two different types of accounting methods . Accrual accounting is more common; this method records income and expenses when they’re earned. The cash method only inputs these amounts when the money is received or paid. With the accrual method, you record income when you invoice a client. With the cash method, you only record it when the client has

actually paid.

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Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business and other organizations. It involves preparing source documents for all transactions, operations, and other events of a business

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