As a small-business owner, you have more important things to do than to spend all of your time on your own books. We take care of this for you so you can get back to the job of running your business and generating profits.
Each month or quarter, we'll do the following for you:
These tasks form the solid foundation of your small-business accounting system. You can customize the package of services you receive by adding payroll, tax planning, tax preparation or any of our other services and offerings.
Reconciling your business checking account each month allow us to keep your bank account, accounting and taxes up to date.
Allowing us to reconcile your account each month allows you to:
An income statement, otherwise known as a profit-and-loss statement, adds an itemized list of all your revenues and subtracts an itemized list of all your expenses to determine a profit or loss for the period.
An income statement allows you to:
A balance sheet provides you with a snapshot of your business' financial condition at a specific moment in time.
A balance sheet helps you:
Balance sheets, along with income statements, are the most basic elements in providing financial reporting to potential lenders such as banks, investors and vendors attempting to determine your creditworthiness.
The general ledger is the core of your company's financial records. These records constitute the central "books" of your system. Since every transaction flows through the general ledger, a problem with your general ledger throws off all your books.
When we review your general ledger system each month, we can uncover any discrepancies, such as double billings or any unrecorded payments. Then we fix the discrepancies so your books are always accurate and in excellent shape.
Our goal is to always make ourselves available so you will fully understand how to interpret and utilize the financial information we provide. Our consultations are already included in our price, so please feel free to call us whenever you have questions or concerns.
At SchillingCPA, Inc., we've been serving the accounting needs of Roseville, CA and the surrounding areas for years. If you need help managing any aspect of your home or business's finances, we want to hear from you.
Please fill out this form and let us know how we can be of service. We will happily offer you a FREE initial consultation to determine how we can best serve you.
Thank you for visiting. We look forward to working together!