Small Business Accounting & Bookeeping
HRC’s Small Business Accounting and Bookkeeping Services provides the support and expertise that businesses need to thrive and succeed within the ever-changing business world. We offer a wide range of accounting options to fit the scope your business’s needs. Our professional staff will strive to provide your company with the insight that is needed to flourish. Your company’s financial books contain valuable information to help you run your business so it is important that your bookkeeping and accounting is accurate and up-to-date. We will diligently update your financial records and ensure that everything is accurate along with designing and running critical reports that will keep your business running strong.
Our expertise in accounting and finance will provide you with the data necessary to operate your business effectively and efficiently, which in turn will result in higher profits. We have an in-house accountant with nearly 30 years of experience in corporate accounting for both large and small domestic and international companies. Financial planning and the process can be complicated; allow our experts to take that burden off your company’s back.
Our Scope of Work:
-Set your company up with a web-based accounting software that can be accessed anywhere at any time.
-Develop a chart of accounts based on your business needs.
-Setup standard operating procedures to explain work flow process, proper general ledger (GL), coding and controls.
-Setup and process journals, adjust entries and post to general ledger with all ‘income’ and ‘expenses’.
-Create or assist with budgets and upload in to the accounting system.
-Perform all bank account and credit card reconciliations.
-Perform balance sheet reconciliations.
-Accounts payable services.
-Accounts receivable collection services.
-Review A/P Aging with your management team.
-Sales tax payments for Board of Equalization (BOE).
-Month end financial forecast: Income Statement, Cash Flow Statement and Balance Sheet.
-Meeting with client once per month on the property.