Small business owners need dependable financial guidance from a trusted CPA in order to be successful in today’s economy. Some CPAs and accountants only show up at tax time but at Shilts CPA, we’re much more than number crunchers. We not only keep your books in order and help you save money on taxes, we also strive to build a lasting relationship with your company. We take the time to learn all we can about how your business operates day to day, then we design accounting and bookkeeping services around your particular needs.
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.
As a bookkeeping client with Shilts CPA, each month, quarter, or year we will do the following things for you:
Reconciling your business checking account each month allow us to keep your bank account, accounting, and taxes up-to-date. Having us reconcile your account each month allows you to:
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. An income statement allows you to:
A balance sheet gives you a snapshot of your business' financial condition at a specific moment in time. A balance sheet helps you:
The general ledger is the core of your company's financial records. These records constitute the central "books" of your system. Since every transaction flow 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.
When you partner with us, we will constantly seek innovative ways to streamline the accounting and bookkeeping processes of your small business and save you money on taxes. We offer a free 30 minute initial consultation for new clients to find out how you can benefit from our accounting, bookkeeping and tax services for small businesses.