Bookkeeping

Monthly Bookkeeping and Accounting Services

At Dunham Tax Professionals, LLC, we offer comprehensive monthly bookkeeping and accounting services to keep your business finances organized and up-to-date. Our services include:

• Transaction Recording and Classification: Accurate and timely recording of all business transactions.
• Bank Reconciliation: Ensuring your bank account is balanced and reconciled with your financial records.
• Trial Balance Preparation: Providing a trial balance to ensure the accuracy of your financial accounts.
• Profit & Loss Statements: Generating detailed profit and loss statements to track your business performance.
• Balance Sheets: Creating balance sheets to provide a snapshot of your company’s financial health.
• Cash Flow Analysis: Analyzing your cash flow to help manage your business finances effectively.
• Month-End Closing: Completing all month-end closing tasks to ensure accurate financial reporting.

Accounts Receivable Services

Our accounts receivable services help you manage and streamline your customer payments and invoices. We offer:

• Customer Payment Posting: Recording cash, checks, and credit card transactions accurately.
• Revenue Posting: Verifying and entering transactions from lockboxes and local deposits.
• Receivables Update: Totalling unpaid invoices and updating receivable accounts.
• Record Maintenance: Scanning and maintaining records of invoices, debits, and credits.
• Account Discrepancy Verification: Investigating and verifying account discrepancies with relevant departments and customers.
• Deduction Resolution: Entering adjusting entries for valid deductions and following procedures for invalid deductions.
• Collections Resolution: Examining payment plans, payment history, and coordinating with collections departments.
• Invoice Account Maintenance: Summarizing receivables and managing monthly transfers to accounts receivable.

Accounts Payable Services

Our accounts payable services ensure your expenses and vendor payments are managed efficiently. We provide:

• Work Reconciliation: Verifying entries and comparing system reports to balances.
• Expense Charging: Analyzing invoice and expense reports, and recording entries to accounts and cost centers.
• Vendor Payment Management: Monitoring discount opportunities, verifying federal ID numbers, and scheduling checks.
• Discrepancy Resolution: Resolving purchase order, contract, invoice, or payment discrepancies.
• Credit Management: Ensuring credit is received for outstanding memos and issuing stop payments or amendments.
• Employee Payment Processing: Verifying and processing employee expense reports and advance requests.
• Accounting Ledger Maintenance: Verifying and posting account transactions to maintain ledgers.
• Vendor Account Verification: Reconciling monthly statements and related transactions with vendor accounts.
• Historical Record Maintenance: Scanning and maintaining documents for historical records.
• Sales Tax Reporting: Calculating and reporting sales tax based on paid invoices.

Bookkeeping Clean-up Services

Our bookkeeping clean-up services help you get your financial records in order by conducting monthly bookkeeping for past months that were not recorded and accounted for.

Bookkeeping Set-up Services

We offer bookkeeping set-up services to help you get started with QuickBooks. Our services include:

• QuickBooks Setup: Creating your company profile and chart of accounts.
• Bank Account Connection: Connecting your bank accounts to QuickBooks for seamless transactions.
• System Configuration: Configuring the bookkeeping system to meet your business needs.

Why Choose Dunham Tax Professionals, LLC?

• Expertise in Small Business and Trucking Industries: Specialized knowledge and experience to meet your unique needs.
• Comprehensive Services: End-to-end bookkeeping and accounting services for complete financial management.
• Reliable and Accurate: Ensuring your financial records are accurate, up-to-date, and compliant with regulations.
• Personalized Support: Dedicated support tailored to your business requirements.

Contact us today to learn more about our bookkeeping and accounting services and how we can help you manage your business finances efficiently.