Accounting Services

Full Charge Accounting System

Our professionals have expert knowledge of the accounting cycles and requirements for small to medium businesses. We are committed to providing the highest level of accounting service and expertise to produce the timely, accurate and comprehensive financial information that your business depends on.

Included in our full charge accounting services:

1. Payroll
2. Accounts payable
3. Accounts receivable
4. Financial reporting
5. Inventory
6. Quarterly taxes

". . . one-third of small-business owners find accounting to be the most intimidating part of managing their business-not surprising, given that more than half reported having no formal accounting training at all." Entrepreneur - March, 2003

Internal Controls

Internal control is a major part of managing an organization, serving as the first line of defense in safeguarding assets as well as preventing and detecting errors and fraud. Internal control should be designed to provide reasonable assurance regarding prevention of or prompt detection of unauthorized acquisition, use, or disposition of an organization's assets. These days, business owners are continually seeking to improve accountability. From improving operational processes to implementing new technology, appropriate internal control is a key factor in minimizing problems and managing change.

Developing an internal control program for the accounting system doesn't have to be a challenge.

Controls Implemented by Accounting For You include:

• Data quality assurance and control
• Reliable financial reporting
• Audit readiness
• Internal processes in compliance with Generally Accepted Accounting Procedures (GAAP)

Controls Implemented within Accounting For You Technology include:

• Control over data center operations: Includes backup and recovery procedures.
• Access security: Protects the accounting systems and network from inappropriate access and unauthorized use.
• Use of up-to-date software and systems to assure the best programs are used to process data.

Financial Reporting

The purpose of the accounting system is to communicate specific information about the company. Through analysis of the reports we provide, your company can quickly identify specific areas that need adjusting in order to improve profitability.

Even if you currently have a bookkeeper that performs the full charge bookkeeping transactions, are you getting financial reports on a timely basis? If so, then you already know the answers to the following questions. If not, then you may not be getting usable financial information about your company. In order to identify the reports that will answer the following questions, click here.

1. What is the overall profitability of your business?
2. What is the profitability of each segment of your business?
3. How well is your business doing compared to last year?
4. How does your balance sheet look?
5. What about your cash flow picture?
6. Which invoices are open?
7. Who are your customers?
8. Which vendors do you owe money to?
9. Which vendors have you made purchases from?

Every business owner needs to know the answers to these questions. With a well managed accounting system, your information is readily available. At a minimum, you and your certified public accountant (CPA) should review these reports on a monthly basis:

• Balance Sheet
• Profit and Loss
• Cash Flow
• Aged Receivable
• Aged Payables

Accounting For You provides these reports, along with easy-to-interpret graphs if desired, on a timely basis so that you can be confident that the decisions you're making are based on accurate financial data.

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