Services

Our Pass-on services are based on 3 tiers: Accounting Handbook, One-time Financial Setup, and One-time Financial Setup Plus.  

The Accounting Handbook service is obtainable for businesses who want to establish their accounting processes. If you are not sure if your business needs one, see if you can comfortably answer these questions: 

• What are the principal steps in your cash receipts process?

• What is your business' method for uncollectible accounts?

• Are transactions recognized when they are incurred or accrued? Or is there a hybrid approach?

• How is inventory tracked and what is the method for valuation? 

• When do you capitalize your expenses? 

• How does the organization address risks like fraud, cybersecurity, and financial reporting errors? Are there internal controls? 

• Are your ERP systems GAAP compliant? How do you ensure the accuracy of financial mapping to your books? 

With the accounting handbook, you can also decrease expenses like training costs, transitioning costs, and interim costs significantly. Consider some of these question-scenarios:

•  Are you getting ready to go on break and will be having a family member or close friend manage your books but want to ensure it is done the exact way you have been doing it for years?

•  Did your bookkeeper leave and you want to ensure that your next one applies the same accounting procedures?

•  Haven't found the right bookkeeper yet or the process is taking longer than expected and you want yourself or another employee to act as interim and need a solid handbook to reference?

• Do you prefer to be more hands-on and do your own business's accounting and need a full step-by-step process?

• Do you think you can save more time/money on some of your accounting processes but aren't sure where to probe?

• Are you getting ready to pass-on the family business to your kid(s) or another family member and want to make sure they know how to handle the books?

The One-time Financial Setup service is for small businesses that have just started and are looking to setup their books for the first time ever. This service also comes in a package with the Accounting Handbook and is a great way for a small business to get everything done right away!

Coming Soon!