Accounting
Accounting Setup: We will setup the accounting software of your choice and create your chart of accounts (asset, liability, income and expense categories), and we will leave you with a list of definitions. This will ensure proper maintenance of your business finances.
Financial Analysis: If you are applying for a loan, expanding your operations, or need to reduce costs, you will need a solid understanding of your company’s financials. This can be an overwhelming task for some. We can walk you through your P&L (profit and loss statement) and General Ledger (list of transactions), so you have a solid understanding of where your money is and how you can adjust to accomplish your goals.
Budgeting: Are you planning to hire an employee or purchase a large piece of equipment? Do you know if your financial position can handle these large expenses? Have you taken into account the initial and long-term costs involved? The ROI (return on investment)?
If these questions have you guessing, a budget will help. We can assist with building a company budget to ensure you are operating optimally and within your means.