Bookkeeping Services
With Bookkeeping services from Bookkeeping Solutions of NE Arkansas, we create and maintain a chart of accounts to capture all of your financial transactions, provide the right information to manage your business, and prepare federal, state, and local tax returns for your business. Through periodic internal audits, we’ll identify and resolve any discrepancies, such as double billings or unrecorded payments, to ensure that you have a complete and accurate picture of your financial position.
A Closer Look...
Bank Reconciliation
While a clean set of “books” is a key objective for every business, it’s also important to match records with monthly bank statements. With bank reconciliation services from Bookkeeping Solutions of NE Arkansas, we ensure that every deposit and withdrawal aligns with entries into your accounting records. This assessment enables us to identify lost deposits, lost checks, unauthorized transactions, and inappropriate bank feeds. It triggers investigation info any fraudulent activity, such as identity theft, forgery, or embezzlement, and expedites restitution. It also gives you a clearer picture of your cash position for addressing planned outlays and investments.
Individual Consultation
With Individual Consultation from Bookkeeping Solutions of NE Arkansas, you get more than a collection of records and reports. You get the benefit of our skills, experience, and expertise in a one-on-one setting. We are proud to invest the time to make sure that you understand and utilize all the information and resources we provide.
Financial Statement Preparation
Bookkeeping Solutions of NE Arkansas can prepare a set of financial statements to help you assess the health of your business. This package includes:
- A Balance Sheet that gives you a snapshot of your overall financial health condition at month, quarter, and/or year-end
- An Income Statement (a.k.a. Profit and Loss Statement) that summarizes revenues, expenses, and net profits so you can assess the operating performance of your business
- A Comparison of Actual Performance to Budget so you can identify trouble spots in your revenue stream or spending patterns
- A Cash Flow Statement that shows how changes in your Balance Sheet and Income Statement affect your available cash Estimated tax liabilities
Analysis of your financial statements helps you frame strategic initiatives (business expansion, acquisition) as well as tactical plans (accounts receivable and accounts payable management). Professionally prepared financial statements are also an essential resource when dealing with creditors and investors. Bookkeeping Solutions at NE Arkansas is happy to help prepare accurate and in depth financial statements for your business!
Contact Us Today
For all of your business’s bookkeeping needs, contact Bookkeeping Solutions of NE Arkansas. We are committed to providing you with the information and resources you need to run a profitable, financially healthy business. Give us a call at (870) 573-8116 to get started!