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.

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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