Having up to date financial statements lets you analyze your company’s performance and gives you a deeper understanding of the direction your business is heading.
Small Business Bookkeeping
At Highland Bookkeeping, we make sure our clients are aware of all the aspects of their financial conditions by providing them with services customized especially for their business. As a benefit to our clients our services include personalized financial consultation.
Highland Bookkeeping Services
We provide bookkeeping services for start-ups, growing businesses and mature operations whether sole proprietorship, partnership or corporation. With timely services and a thorough understanding of the tax laws and regulations, our knowledgeable team will help you to stay on top of all of the tax deadlines and ensure that your financial systems are in order. We can handle all bookkeeping tasks from payroll to preparation of your financial statements.
Services that we offer:
- Balance Sheet
- Profit & Loss
- Statement of Cash Flow
- Bank Account Reconciliation
- Journal Entry
- Detail General Ledger & Check Register
- Payroll Registry
- Government Remittances
Highland Bookkeeping provides our customers with monthly bank checking and credit card account reconciliation. When these accounts are reconciled, meaningful financial statements can be generated. Account reconciliation will also ensure that you have an efficient cash flow to grow your business.
The income statement is also known, as a profit and loss statement. It is one of the most important financial statements for any business. The income statement tracks revenues and expenses to clearly illustrate a business’ net income.
Balance sheet provides a quick overview of the company’s assets, liabilities, and equity (net worth). We also provide our clients with monthly balance sheet on a regular basis to help them analyze their business. A balance sheet review helps to understand a company’s net worth.
Accounts Receivable/Payable Aging Summaries
These two reports provide valuable information regarding the cash expected and cash needs for your business. They can assist in identifying potential bad debts so action can be initiated quickly to protect the business.