Bookkeeping.
Bookkeeping is the process of recording, tracking, and categorizing all financial transactions in a business.
Ever wonder what accountants do with all those receipts you give them?
Bookkeeping is the process of recording, tracking, and categorizing all financial transactions in a business.
From multinational corporations to small family-run businesses and even single-owner-managed companies and sole proprietorships, bookkeeping is an essential aspect of running a successful business.
Some of the benefits include:
Ability to create accurate and dependable financial statements.
Forecast future performance
Improve cash-flow management
Build budgets
Streamline tax preparation
Year-over-year and month-over-month historical comparisons
Businesses devote entire accounting and finance departments in this regard; however, this is not always feasible or even necessary for many companies. The accountants at SMS can manage your entire
accounting operations saving you the resources, training, and office space so that you can focus on your business.
Some of the other services we offer related to bookkeeping include:
Accounts Payable & Accounts Receivable Collections
Reconciliations
Statement of Profit & Loss
Statement of Financial Position (Balance Sheet)
Statement of Retained Earnings
Cash-Flow Statement
Bookkeeping Is Best For
1
Businesses that don’t want to deal with the headache of hiring, training, managing, and overseeing accountants/bookkeepers in-house.
2
Established companies looking for better record-keeping, detailed financial metrics, and the
direction and guidance of a professionally designated accountant.
3
New companies wanting to start off on the right foot.
4
Businesses losing time, money, and energy in poor financial record-keeping taking them away
from bringing in more business
Cloud Accounting
Cloud accounting allows businesses to remotely access financial information anytime, anywhere, and in real-time. With cloud accounting, authorized users can login and access information from anywhere in the world, 24/7 through a web browser. Imagine approving payments and sending invoices without having to wait until you are back in the office or at your desktop computer.
SMS can also help you streamline, simplify, and automate your financial operations through cloud accounting. Tasks such as accounts payable and receivables, billing and invoicing, creating quotes, payroll, and accessing financial information (to name a few) are just some of the key areas we can help; automatically importing bank and credit card transactions, producing recurring invoices, scheduling reports, and paying subscriptions are just some of the benefits we have implemented for our clients.
Automated accounting processes, real-time access to financial information, and reduced administrative tasks promote a more efficient accounting function leading to a more productive and efficient business. Your staff will spend less time manually entering data and can focus on more value-adding tasks.
If you are looking to set your business up for success or looking to access the benefits of innovative and leading-edge technologies without having to train employees and spend resources, look no further then SMS.
Contact Us
You are our top priority, whether you need assistance, have a question, or would like to explore our services, feel free to reach out. Our dedicated team is ready to assist you.
admin@smscapc.com
Phone
(437)-677-4825
