Accounting Questions?

Bookkeeping and Accounting Services for Small Businesses and Individuals

On monthly, quarterly or yearly basis our accountants will prepare the following accounting documents:Balance Sheet, Profit and Loss Statement,Cash Flow Statement, General Ledger, Bank and Credit Card accounts reconciliation reports.

List of our accounting and bookkeeping services:

• Monthly and annual bookkeeping
• Bank and Credit cards accounts reconciliation
• Payroll Services
• Preparation of 1099s for contractors
• Sales Tax, Property Tax
• Data Entry, Accounts Payable, Accounts Receivable
• General Ledger
• Financial Statements: Balance Sheet, Income Statements, Cash Flow
• Fixed Assets update, fixed assets depreciation schedule
• Books clean up
• Preparation of accounting records for your CPA

Balance Sheet-a financial statement that summarizes a company's assets, liabilities and shareholders' equity at a specific point in time. These three balance sheet parts give investors an idea as to what the company owns and owes, as well as the amount invested by the shareholders.

Profit and Loss Statement or Income Statement-a financial statement that measures a company's financial performance over a specific accounting period. It shows the net profit or loss incurred over a specific accounting period, usually over a fiscal quarter or year.

Cash Flow Statement-a financial statement that shows the difference in amount of cash available at the beginning of a period and the amount at the end of that period.

General Ledger-an accounting report that summarize all of company's financial transactions.

Account Reconciliation Report-an accounting report that shows that the balance in the company's check (credit card) book matches the corresponding bank (credit card) statement.