Shift the Burden From Your Shoulders to Ours
As being the owner and running a small business you have more important things to do than to keep up with your bookkeeping. Our small business accounting company can take care of the books for you, allowing you to get back to managing your business and producing profits!
Monthly we will provide the following accounting and services for you:
These essential tasks are the solid foundation of your small business accounting structure. Our small business accounting and bookkeeping services are completely customizable. We offer additional services to our packages including tax planning, tax preparation, payroll, or any of our other accounting services.
Doing monthly bank reconciliations for your business checking account allows us to maintain your bank account, accounting, and taxes up-to-date.
Some benefits of having us reconcile your account monthly as your small business accountant include:
An income statement, which is also known as a profit and loss statement, mostly adds an itemized list of all your revenues and subtracts an itemized list of all your expenses to calculate a profit or loss for the period.
Some benefits of having us monthly income statement include:
A balance sheet provides you with a snapshot of your business’ financial condition at an exact moment in time.
Some benefits of having a small business accountant balance the sheets include:
The two most basic and essential elements in providing financial reporting are balance sheets and income statements. Potential lenders, such as banks, investors and vendors, are always looking at the financial reporting of a business when considering how much credit to grant them.
The general ledger is the glue of your business’ financial records. These records represent the fundamental “books” of your system. Because every transaction runs through the general ledger, any issue with your general ledger throws off all your books.
By having Accounting Freedom do a monthly review to your general ledger, allows us to find any discrepancies (such as an unrecorded payment or a double billing). Then, we’ll resolve the discrepancies, keeping your books accurate and in top shape.
Bookkeeping is critical, but time-consuming task. At Accounting Freedom, we strive to design a services package for each client to meet his or her unique situation and needs. Our business accounting and bookkeeping services are designed to provide you with rock-solid analysis and timely information so you understand your business’ financial position.
Consultations are always inclusive of our pricing, so please feel free to call our accounting firm whenever you have a question or concern.
Chicago Office (Mundelein, IL): 847-949-8373
Milwaukee Office (Grafton, WI): 262-375-2440
COMPARE PACKAGE FEATURES
INITIAL STRATEGY SESSIONS
Needs Analysis - We get to know your business
Accounting System Design & Implementation
Entity Structure Analysis
Business Strategies to help reach your goals
Monitoring & Accountability
MONTHLY ACCOUNTING & BOOKKEEPING
Reconcile Bank Accounts
Reconcile Credit Cards
Adjusting Journal Entries
Maintain IRS Required General Ledger
Prepare Balance Sheet
Prepare Profit & Loss Statement
Key Performance Indicators & Metrics Reports
BUSINESS TAX PREPARATION & COMPLIANCE
Federal & State Income Tax - Business
Sales & Business Personal Property Tax Returns
Annual Forms 1099
Live Payroll Services via Payroll Specialists, Inc.
Cloud Accounting Support Team*
QuickBooks Online Setup**
Weekly Bill Pay via Bill.com - 1 User**
*We work with your QBO Real-time
** Additional Fees Apply
ADVICE & BUSINESS COACHING
Review/discuss your Financial Goals
Tax Strategies that Save you Money
Tax Planning and Projections - Know where you stand with IRS
Retirement & Saving Plan advice
Advice to Help Plan and Grow your Business
Business Meetings via Video Conferencing or In Office
Convenient remote bookkeeping—simply upload your financial information through our secure client center login and let us help you get control of your bookkeeping tasks.
Solid financial reporting at your fingertips with 24/7 online access to accurate financial reports—balance sheets, profit & loss, expense detail, payroll detail, and more.