Bookkeeping Services
If you're too busy with work to effectively handle your finances, our team at Nacca & Capizzi is here to help. As a small business owner, you have more important things to do than to keep your own books. We offer onsite training and services and if needed, our professional team will take care of your books for you, so you can get back to the job of running your business. For more information, contact us here!
Whether it's each month or quarter, our trained professionals can perform the following:
Recording Transactions
Tracking income, expenses, and overall financial health
- Tracking income from sales and services
- Logging all business-related purchases
Bank Reconciliation
Reconciling your business checking account each month allows us to keep your bank account, accounting, and taxes up to date. Having us reconcile your account each month allows you to...
- Ensure that the financial records match the bank statements
- Spotting and correcting any inconsistencies between the records and the bank statements
Accounts Payable and Receivable
Accounts Payable: reviewing payments owed to vendors or suppliers
Accounts Receivable: reviewing money owed to the business by customers
Adjusting Journal Entries
Adjusting journal entries are made at the endo of an accounting period to update the accounts and ensure that the financial statements reflect the true financial position and performance of the business. These entries are necessary because certain transactions may not be recorded during the regular accounting cycle, or they need to be allocated to the correct period.
Financial Reporting
Balance Sheet: providing a snapshot of the business's financial position
Income Statement: summarizing the revenue and expenses over a specific period
Cash Flow Statement: monitoring the inflow and outflow of cash within the business
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 the with your general ledger throws off al of your books. Having us review your general ledger allows us to hunt down any discrepancies such as double billings or any unrecorded payments.
These tasks form the solid foundation of your small business accounting system. You can customize the package of services you receive from us by adding payroll, tax planning, tax preparation, or any of our other services.
