Itaxexperts.com provides wide range of bookkeeping and accounting services to our corporate clients. Providing financial statistics to our clients in a well-timed and accurate fashion. Meaningful, well-organized financial records guarantee that your business operations will run more efficiently on a daily basis. We will maintain your books of accounts, ledgers, bank reconciliation, and deposit analysis, receivables management on daily, weekly, bi-weekly or monthly basis as per your wish.
Our team of competent accountants will help you set up your accounting structure, insuring that it runs accurately. Our continued relationship insures your records are kept accurately so that you can make accurate business decisions. Itaxexperts.com will provide you the following services
Quick Books & Peach Tree Setup; A2000
Setting up Accounting Software requires expertise, this is the foundation where all accounts of business will establish, single mistake may lead to adverse decision, and mess up accounts, Itaxexperts.com can save you from this situation and help you best we can, Here's a short list of the services we provide during your Accounting Software setup:
- Study and evaluate your accounting needs.
- Recommend software.
- Design and set up chart of accounts and entire accounting package including payroll, accounts receivable, accounts payable, etc.
- Loading your chart of account and balances as of that starting date
- Preparation of a list of the items that you sell to your customers.
- Entering your outstanding accounts receivable and accounts payable details as of your starting date
- Entering your ending statement bank balances and outstanding checks & deposits in transit as of your starting date
- Entering your transactions since your starting dates into Accounting Software
Payroll Specialist at itaxexperts.com is trained to manage full payroll services. We collect time-sheets from Employees via email. We will enter their time and create paychecks using the time-sheets, we will process the paychecks by creating checks and/or direct deposits. We will email paystubs to employees. We will also deposit the payroll tax liabilities to the state and federal department.
itaxexperts.com’s Payroll Services includes:
- A complete payroll solution.
- Direct deposit for your employees.
- Completion of all payroll tax returns including your 940, 941, W2’s and 1099 forms.
- A dedicated payroll specialist that will support your business..
Our team of Professional accountants Thorough with accounting standards to prepare the financial statements of our clients. The financial statements show a complete picture of the client’s position at the end of the period and we suggest ways to improve it. Income Statement, Cash Flow Statement and Annual Reports are prepared professionally and accurately by itaxexperts.com, to show a factual view of the financial situation of clients.
Invoicing; Accounts Receivable with Collections
We help businesses increase their Profit through improved invoicing, proper documentation, and effective collection Strategy. Now you can focus on your work while itaxexperts.com manages the Collection department. Once the invoices are sent out, we can also assist you with collections.
- Design of an efficient invoicing system.
- Invoices are sent to customers once you've approved them.
- Collection calls to customers that are delaying your payments
A strong accounts payable system is a key to control your cash outflow.
What You Get with Accounts Payable Outsourcing:
- Vendor balance reconciliation.
- All new bills will be entered into your accounting software each day, week, or month.
- We will prepare bills for payment once approved by you.
A detailed report where you can view which customers are generating good revenues, how can you maximize your profit and areas where you can improve.
Revenue and Expense Analysis
The report displaying Revenue and expenses for a period of time prepared by itaxexperts.com shows the status of revenue and unpaid invoices. We develop ways to simplify payments and maintaining records of transactions.
Daily Cash Managements
We help businesses maximize their cash. They can also get daily, weekly or monthly reports to make better cash decisions.
Bank reconciliations are one of our core services. It gives our clients a clear sight of their cash positions, and that means better and informed decision making. There's nothing worse than not knowing if you can invest in a new equipment. Hoping that the check will clear is not a good business strategy. It's time to master your cash.
Itaxexperts.com’s Bank Reconciliation Service includes:
- Daily, weekly, or monthly data entry from your bank accounts to accounting software.
- Reconciliation of all cleared transactions, open deposits, and open checks.
- Matching bank reconciliation balances to your trial balance for financial statement review.
Reconciling business checking account each month will allow you to keep your bank account, accounting, and taxes up-to-date. There are some vital advantage of bank reconciliation like Identification of lost checks, lost deposits and unauthorized wire transactions.
Ledgers & Monthly Financials
We can maintain all your daily ledgers and account books. Also, we can manage and reconcile all your accounts including checking account, savings account, credit card accounts, investment accounts, etc.
Factor reconciliation requires technical expertise and full understanding of accounts, a single mistake can cost millions of dollars incorrect balances and discrepancies in all Accounts. Our experts at itaxexperts.com are fully trained in Factor reconciliation and saved client’s time and money by accurate reconciliation and clear display of bank balances
Monthly reviews of company performance.
A constant review of monthly performances is healthy practice to stay on track and make improvements where needed, with our accounting services, we offer constant monitoring of where your business is heading and what can you do to make it better.
If you would like to know more about Services, and seeking customized consultation from our experts’. We are an appointment away.