• Phone:(401)765-1235

Small Business Accounting

Accurate and Timely Records are Key to Your Business Success

Our team of accountants and bookkeepers ensure your books are balanced by accurately logging, updating and analyzing your business transactions.

Accounting for Operational Efficiency and Business Growth

Maintaining accurate financial records is crucial to the success of any small business, however it can be quite confusing and complicated for business owners, especially for start-ups. We take on the daunting task of monitoring and recording your company's financial transactions, and accurately complete your monthly financial statements, so you can focus on your current operations and future growth.

Our finance and accounting services Include:

• Bookkeeping
Our experienced bookkeepers will record, organize, secure, and retrieve financial transactions for your company each month in a professional and timely manner. If you like, we will even pay your bills for you from your accounts.

• Bank Reconciliation
Monthly, our team will complete a careful comparison, proof and reconciliation of your company's bank account statement with your checkbook balance.

• Sales Tax Reports
Our professionals will file and pay your sales tax online, whether your business is in Rhode Island or Massachusetts.

• Post Credit Card Charges
Our bookkeepers will record any expenses that are specifically from credit card payments and produce a credit card balance for you as well

• Financial Statement Prep
Each month we will provide you with carefully prepared financial statements for your business, and review them with you to ensure you understand any issues that our team identifies.

These statements include your income statements, statements of retained earnings, statements of cash flows as well as:

    • Monthly Operating Statements
    A Profit and Loss (P&L) statement shows your monthly breakdown of sales, cost of sales, along with fixed and variable expenses, so you can determine your profit or loss for the month.

    • Balance Sheet
    We will summarize your total business assets, liabilities, and net worth on a monthly basis, so you can make decisions about new capital expenditures, securing new loans or incurring additional debt.

    • General Ledger Report
    Each month, our firm will provide a detailed record of dates, check numbers, payees and amounts of all expenses for each of your business accounts. Whether you prepare your records by hand or use accounting software, this report is an important check and balance for your assurance and confidence.

Our Services

What Should I Bring To My Business Consultation?

Documents

• Last Three Months of Bank Statements or Check Stubs
• Last Year's Business Tax Return
• Last Three Months of Credit Card Statements

Other Information

• QuickBooks Access
• Business's Bank Information

Please Note: This is a generalized list of what is required for a business consultation. As each business's needs will differ, we will notify you on what to specifically bring when booking your initial appointment.

Schedule a Free 1 Hour Consultation


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