Bookkeeping
• Bank and credit card reconciliations
• Money in and money out data entry
• Client proposals and invoices
• Vendor purchase orders, payments and credits
• Entering and payment of overhead bills
• Time billing and client reimbursable invoicing
• Ongoing bookkeeping
Accounting
• Financial Statement Analysis
• Balance Sheet review and reconciliation
• Internal audits and account cleanup
• Solutions to difficult accounting problems
• General tax consulting in collaboration with CPA/Tax Accountant
• Providing accurate year end information to CPA/Tax Accountant
• Create year end journal entries in coordination with CPA/Tax Accountant
CFO Services
• Receive expert advice on cash flow, gross margins, expense management and best practices
• How much is available for the Principal(s) to take out of the business
• Review to improve client/vendor contracts, proposals and markup strategies
• Review clients financial activity, spending, retainer tracking and statements
• Plan for the future by implementing budgets and achievable goals
• Monthly and Quarterly Financial Reporting
• Establish operating procedures for employee accountability to ensure profitability
Sales Tax Compliance
• Run and review Sales Tax Reports in Design Manager, Studio Designer, Quickbooks and Houzz Pro.
Purchasing Management
• Purchase order review and creation
•Contacting vendors to place orders
• Manage and review order acknowledgements
• Collections and price negotiation
• Damages, back orders and returns
• Inventory management
Payroll
• Reconcile payroll to bank account
• Run and review year end payroll reports
• Payroll coordination with CPA/Tax Accountant for year end filing
• 1099/W-9 compliance review, recording and year end filing