|Accurate Financial & Tax Services, Inc.|
Accounting & Bookkeeping
Providing financial information to our clients in a timely and accurate manner is a commitment that we feel can not be compromised. Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis. We can also assist you and your staff with the day-to-day tasks that are associated with maintaining proper bookkeeping.
Our firm provides a full range of cost effective accounting services designed specially for your environment, size and profession. These include the following:
This is used to summarize and categorize all of your business transactions. Profit and Loss Statements are also prepared for current periods and year-to-date transactions.
o Monthly Operating Statements
These give you a monthly look at where you stand so you can act on a problem or seize an opportunity before it is too late. Every month, we look at your financial picture so we can alert you to those areas that need your attention. Watching your bottom line can often help improve it.
o Bank Reconciliations
We prove your bank balance every month and advise you of any bank charges, errors or arithmetic mistakes on your part so you know exactly how much cash is available for spending.
o Audit Trails
A record of transactions is printed out for you in case of an audit. The format is arranged so you can use it to understand in more detail how the dollars come together on your operating statement.
o Balance Sheet and Cash Flow Analysis
Shows cash balances, accounts receivable, taxes owed, etc. This is particularly useful to your banker when he is trying to make a decision about a loan. Cash flow forecasting is also available.
o Financial Graphs
They help you understand, at a glance, financial data such as monthly sales trends, expenses, profits, etc. An illustration with a simple chart or a narrative statement can help save you time and can take you a long way at an executive business briefing.
A business can be profitable and still run into trouble due to cash flow issues. We can forecast and evaluate your company’s financial condition, estimate financing requirements and track cash-flow sources and uses. We can help you draw up a plan of action for the year. Throughout the year, we can track the progress you are making towards meeting your goals.
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