Bookkeeping services:
Bookkeeping services consist of compiling financial statements from the financial records of our clients. 

The spectrum of bookkeeping services provided to our clients varies based on client needs.  Many clients have neither the inclination nor the resources for any type of internal bookkeeping activities.  For these clients, we provide a very comprehensive level of service whereby we prepare financial statements by tabulating the transactions included on the clients' check registers and credit card statements.  For these clients, we also reconcile bank accounts and credit card statements.

On the other end of the spectrum are many of our clients who have fairly substantial internal bookkeeping resources.  These clients prepare their own financial statements.  For these clients, our bookkeeping services consist of preparing year-end adjustments to align their internal financial statements with their tax returns.

Our clients usually choose to receive compiled financial statements on a monthly or quarterly basis.  Clients use compiled financial statements for management of their businesses, compliance with bank and other external reporting requirements, and preparation of income tax returns.

Value proposition:
Accounting and financial reporting are necessary activities for businesses and individuals.  For businesses, a lack of proper accounting for business transactions will prevent the owners and managers of a company from making important decisions about the company's operating, investing and financing activities.  For individuals, a lack of basic financial record keeping will inevitably result in lost opportunities to protect and grow wealth.  For everybody, accurate financial reporting will result in efficient preparation of tax returns that will take advantage of every available tax avoidance opportunity.

If you don't know how you are doing financially, you probably are not doing as well as you could be if you kept track of your finances.  You are missing opportunities to make good investments and avoid wasteful spending. 

If you want to monitor and manage your financial position and performance with financial statements, please contact us