Prepare and distribute invoices, payment matching and recording, implementation and set up of financial software receivable function.
Vendor record management, enter bills, process Bill Pay, Bill payment matching and recording, implementation and set up of financial software payable function and Bill Pay option.
On a monthly basis reconcile bank accounts, credit card accounts and loan accounts.
We generate, review, and prepare income statement and balance sheet report on a monthly or as needed basis. Other financial reports are optional as well, the accounts receivable and payable aging report, cash flow statement and customizable managerial report.
Sales and Use Tax Return
We also process Sales and use Tax Return by generating sales amount for return submission based on filing requirements (monthly, quarterly, or annually), and submit return payments.
Process payroll based on payroll schedule, implement payroll system, enter payroll entries from third party into financial system if applicable, submit and verify submission of payroll tax payments and quarterly returns, and time keeping management.
Annual 1099 Filing
We maintain, prepare, and submit annual 1099’s by January 31 each year electronically.
In addition we provide Bookkeeping Clean Up Services for multiple years including data entry and reconciliation. Accounting system setup and training. Prepare financial reports needed by tax preparer, make year end adjustment entries, and communicate with tax preparer as needed.