Reviewing 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 differences, so your books are always accurate and kept in tip-top shape.
MAINTAINING A CLEAN 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 public ledger throws off all your books.
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 for our monthly clients, so please feel free to call us whenever you question or concern.
Rainforest Action Initiative
* Protect yourself. 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.
SMALL BUSINESS ACCOUNTING
* Identify and analyze trends, particularly in receivables and payables. For example, if your receivables cycle is lengthening, maybe you can collect your receivables more aggressively
Balance sheets and income statements are essential in providing financial reporting to potential lenders such as banks, investors, and vendors, considering how much credit to grant you.