Monthly Bookkeeping and Accounting

With this service, we provide the following:

  • Record and classify transactions
  • Reconcile the bank account
  • Trial Balance
  • Run Profit & Loss
  • Balance Sheet
  • Cash Flow Analysis
  • Complete Month-end closing

Accounts Receivable

With this service, we provide the following:

  • Post customer payments by recording cash, checks, and credit card transactions.
  • Post revenues by verifying and entering transactions from lock box and local deposits.
  • Update receivables by totaling unpaid invoices.
  • Maintain records by scanning invoices, debits, and credits.
  • Verify validity of account discrepancies by obtaining and investigating information from sales, trade promotions, customer service departments, and from customers.
  • Resolve valid or authorized deductions by entering adjusting entries.
  • Resolve invalid or unauthorized deduction by following pending deductions procedures.
  • Resolve collections by examining customer payment plans, payment history, credit line, coordinating contact with collections department.
  • Summarize receivables by maintaining invoice accounts.
  • Coordinates monthly transfers to accounts receivable account.

Accounts Payable

With this service, we provide the following:

  • Reconcile processed work by verifying entries and comparing system reports to balances.
  • Charge expenses to accounts and cost centers by analyzing invoice/expense reports, recording entries.
  • Pay vendors by monitoring discount opportunities, verifying federal id numbers.
  • Schedule and prepare checks.
  • Resolve purchase order, contract, invoice, or payment discrepancies and documentation.
  • Insure credit is received for outstanding memos; issuing stop payments or purchase order amendments.
  • Pay employees by receiving and verifying expense reports and requests for advances.
  • Maintain accounting ledgers by verifying and posting account transactions.
  • Verify vendor accounts by reconciling monthly statements and related transactions.
  • Maintain historical records by scanning documents.
  • Report sales tax by calculating requirements on paid invoices.

Bookkeeping Clean-up

With this service, we conduct monthly bookkeeping for past months not recorded and accounted for.

Bookkeeping Set-up

With this service, we set up the bookkeeping system on Quickbooks, creating the company profile, chart of accounts, connecting bank accounts, etc.

Contact Us

Fill out the form to the right and someone from our team will respond to you within 48 hours.

M-Th: 9am-5pm, F: 9am-12pm, S-S: Closed

20501 Livernois Ave. #21867, Detroit, MI 48221

313-270-7303

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