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The day-to-day operation of a business involves a myriad of transactions and the accumulation of financial information, which must be properly managed to ensure smooth business function. At the end of each month, it’s vital that business owners catch up on all of their business financials to protect their company’s success and avoid common accounting mistakes.
Our Cumming, GA CPAs provide the essential monthly accounting services that businesses need to remain on-track and financially sound.
Compilation of Financials
Akins & Amos, CPA take your financial information and prepare this data into monthly statements. In some situations, these financial statements can be used to provide clarity on your financial situation to potential lenders and are a necessary step before an audit or review of your information can be completed.
We facilitate the accurate accumulation and preparation of your company’s financial data in accordance with generally accepted accounting principles. Compilation of financials helps form the basis upon which recommendations for next-steps can be made. Our experienced small business CPAs work with you so you can obtain a clear picture of your company’s financial standing.
End-of-the-Month Bank Account Reconciliation
In continuing our goal of providing you with clear and accurate records, our monthly accounting services also includes making sure that your business bank accounts are balanced. We match up money spent and money earned, to help discover any discrepancies, so business owners may take action, if needed. Our CPAs perform this essential service at the end of each month by going over invoices, receipts, money spent on company credit cards, and paid customer bills.
Proper bank reconciliation processes let you see where you money is coming and going for better understanding of cash flow and uncovering any areas of error or overspending.
Monthly Accounting Services for Small Businesses in Cumming, GA
These monthly services help keep you on track, spot any mistakes before they turn into big errors, and guide the financial decisions you’ll make next, such as where to limit or expand spending. Clearly organized data and synchronized business bank accounts form a solid foundation of proper accounting processes that you need to secure future lenders, provide information to current investors, and catch any calculation or payment errors.