Bookkeeping and Accounting Services
We have developed a comprehensive bookkeeping and accounting service package that is cost predictable and affordable. Our bookkeeping and accounting services are priced at a monthly affordable rate and provide year-round help with all your bookkeeping, bank reconciliation, accounts payable, accounts receivable and reconciliation with QuickBooks and your payroll. In addition, our total bookkeeping and accounting service package includes quarterly business tax planning and the preparation and filing of annual business and personal tax returns.
Bookkeeping and Accounting Services Overview:
Minimum 12 month contractual commitment required.
Review best practices with client on proper record keeping.
Setup of your Accounting System/Quickbooks System:
If you already have a QuickBooks bookkeeping system, we do an initial review of your current QuickBooks setup including, your business chart of accounts. We will make modifications to the system, if needed. If you currently don’t have QuickBooks setup, we will review your current system and can, for an additional fee, convert it to QuickBooks. If you currently do not have a bookkeeping system, we will set up your QuickBooks accounting system and chart of accounts.
As part of our bookkeeping and accounting services we will perform on a monthly basis:
– Preparation and posting of general ledger entries each month.
– Reconciliation of monthly bank statements.
– Accounts payable processing.
– Accounts receivable processing.
Quarterly business health checkup consultations.
We prepare federal tax forms 1120, 1120S or 1065 form for business tax filing.
Preparation of 1099s, if needed.
Preparation of State income tax forms (multiple states if needed).
Preparation of business owners’ or partner’s individual tax returns.
Tax returns are filed electronically after we receive signed ‘permission to file electronically’ forms back from the client. When returns cannot be filed electronically, we send paper copies of the returns to the client for signing and filing, once we have received payment.
Businesses are responsible for timely payment of all taxes including franchise tax to Delaware, employment taxes, gross receipts taxes and the filing of annual report (if needed). We can advise the on execution of these requirements.
Required from Business Owners:
Business owner supplies us with copy of business formation documents, SS-4 letter, contact information, initially.
Business owner supplies us with access to company’s QuickBooks files, and sends bank and credit card statements monthly and other source documents as needed.