As a small business owner, you surely have far more important things to give focus to than to commit hours to maintaining your own books. Here at Tax Alternatives we take care of your books for you, so that you can dedicate time and efforts to running your small business and, over time, generating leads and profits.
We offer a wide range of specialized accounting services for your small business, including reconciling your bank accounts, generating income statements and balance sheets, tidying up your general ledger accounts, and providing endless consultations as needed. Each of these tasks is critical to the foundation of your small business accounting system and to the overall success of your business. Offering each of these services affords business owners ample time to dedicate to other important components of the business.
In addition to these necessary accounting services, we can also customize a service package for you to further include payroll processing, tax planning, preparation and filing and a variety of other services as well depending upon what your specific needs may be. By engaging our services you are sure to have plenty of time to actually run your business and implement necessary strategies to help grow your business over time.
When providing bank reconciliation, we will reconcile your checking account each and every month so as to keep your bank accounts, taxes and all your accounting up to date. When performing this service we look to business owners to help identify lost checks or deposits, or any unauthorized wire transfers we may discover. Further, we are able to prevent any acts of embezzlement from occurring within your company. When we reconcile your bank accounts you are then able to manage your cash more effectively.
When our professionals generate your income statements/profit and loss statements, we provide an itemized list of all your revenues and expenses and present you with a profit or loss for each month. The income statement we generate will track all revenues and expenses which helps you to determine the overall operating performance of your company. Further, an income statement helps to determine what areas, if any in your business, are either over budget or perhaps even under budget. Your income statement will also track any other items that are resulting in unplanned expenditures such as mail, supplies, or even phone expenses and determine your income tax liability as well.
When preparing your balance sheet we provide you with a basic snapshot of your company’s financial status in any given timeframe. A balance sheet will provide you with, among other things, an insight to your company’s financial strengths, identify any trends in receivables or payables, and helps to determine whether or not your business is in a position to expand. Your balance sheet is one of the most basic yet important elements for providing financial statistics to potential lenders you may need to reach out to such as banks and investors.
The professionals here at Tax Alternatives take tremendous pride in our top-rated accounting services and are committed to maintaining a clean general ledger for your business. The general ledger, as you very well know, is the core of your entire financial records since every single transaction of your business flows through the general ledger. Our experts will review your general ledger system each month and resolve any discrepancies we may find. We fix the discrepancies in order that your books are completely accurate and your general ledger clean.
Finally, we offer all our valued clients endless consultations on an as-needed basis. Our team of specialists is always available to answer any questions, address any concerns, and help you to be able to interpret and utilize your own financial information that we provide.
If you are a small business owner looking for top-rated accounting services, then surely you have come to the right place. Contact the professionals here at Tax Alternatives today and let us provide you with all the financial insight you need to not only generate leads and profits, but afford you the time you need to grow your business to its highest potential. Tax Alternatives – your go to company in Brentwood for all your small business accounting needs.