Bookkeeping Services in Montgomeryville, PA

589 Bethlehem Pike, Suite 350, Montgomeryville, PA 18936, USA

Bookkeeping Available in Montgomeryville, PA

Professional bookkeeping services for businesses

As a small business owner, you have more important things to do than to keep your own books. We offer an accounting bookkeeping service, so you can get back to the job of running your business and generating profits. Each month or quarter we'll do the following bookkeeping services:

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.

Unlimited Consultations

We are always available to spend time with you so you 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 a question or concern.

If you'd like to receive a free consultation on our Small Business Accounting Services, please contact us using the link below.

Get Free Consultation

Bookkeeping Services - Bank Reconciliation Services

Reconcile your bank account

Reconciling your business checking account each month allows us to keep your bank account, accounting, and taxes up-to-date. Having us reconcile your account each month will allow you to identify lost checks, lost deposits and unauthorized wire transactions. You'll also be able to more effectively:

Protect yourself and your company. By timely reconciling and promptly objecting to your bank about any unauthorized, fraudulent or forged checks presented to your bank and paid by that bank, you can relieve your agency of responsibility for the shortfall and transfer the risk to the bank. This reason to reconcile alone should be enough. Crime exists.
Detect and prevent excess or unjustified bank charges and ensures transactions are posted correctly by your bank.
Prevent embezzlement of funds from within your company.
Know how your business is doing. You can't really know unless all accounts are reconciled and properly accounted for on your financial statement.
Manage your cash more effectively. Proper management of funds not only saves money, it makes money for you.

Sleep Better. You will sleep more peacefully at night knowing your bank accounts are reconciled, in balance and that all escrow funds, accounts, checks and disbursed funds are properly accounted for.

Generating Income Statements

The importance of business income statements

An income statement, otherwise known as a profit and loss statement, basically adds an itemized list of all your revenues and subtracts an itemized list of all your expenses to come up with a profit or loss for the period. Accurate income statements will allow you to:

Track revenues and expenses so that you can determine the operating performance of your business.
Determine what areas of your business are over-budget or under-budget. Identify specific items that are causing unexpected expenditures. Like phone, fax, mail, or supply expenses.
Track dramatic increases in product returns or cost of goods sold as a percentage of sales.
Determine your income tax liability.

Start utilizing your business income statements

Schedule a free consultation to learn more about how we can help you with your business income statement needs.

Generate a Balance Sheet For Your Business

The value in using balance sheets for your business

A balance sheet gives you a snapshot of your business' financial condition at a specific moment in time. A balance sheet helps you:

Quickly get a handle on the financial strength and capabilities of your business.
Identify and analyze trends, particularly in the area of receivables and payables.
Determine if your business is in a position to expand.
Determine if your business can easily handle the normal financial ebbs and flows of revenues and expense.
Determine if you need to take immediate steps to bolster cash reserves.
Determine if your business has been slowing down payables to forestall an inevitable cash shortage.

Book Your Free Consultation Today

Balance sheets, along with income statements, are the most basic elements in providing financial reporting to potential lenders such as banks, investors, and vendors who are considering how much credit to grant you.

Maintaining a Clean General Ledger

Cleaning up your general ledger

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.

Having us review your general ledger system each month allows us to hunt down any discrepancies such as double billings or any unrecorded payments. Then we'll fix the discrepancies, so your books are always accurate and kept in tip top shape.

Accounting reviewing financial numbers