Accounting & Bookkeeping

Many business can benefit from the following small business accounting services:

• Financial statement preparation
• Bookkeeping services
• End of year tax preparation
• Payroll Management

If your business has a dedicated in-house accountant who is experienced with handling your day to day accounting and bookkeeping functions, then you may choose to keep your accounting in-house. However, if you do not have the time or resources to keep your books up to date, it pays off in the long run to work with a local CPA. The benefits of outsourcing your accounting can greatly outweigh the cost of tax penalties, inaccurate records, and non-compliance issues. 

Although QuickBooks is a wonderful tool, and what we actually do recommend for business owners to handle their own bookkeeping, the software in and of itself may not be able to detect all errors, prepare and file your tax returns, or even determine if the accounting is being done in accordance with generally accepted accounting principles (GAAP). Working with a trusted CPA can greatly reduce costly errors and ensure more accurate records and compliance with laws and regulations. 

Bookkeeping is the daily recording of day-to-day business transactions. Bookkeeping data includes manual data entry, invoicing, bill payments, payroll, and more. 

Accounting ensures that bookkeeping is being done according to establish accounting standards. It is the classification, reporting, and summarizing of bookkeeping data for a specific purpose such as tax preparation, or to obtain a bank loan. 

A small business accountant offers several different services which can include bookkeeping, financial statement preparation, and payroll.