Quickbooks Services
We gauge our worth by the personal and business successes of our clients. We can help your business identify areas negatively affecting profitability and growth and develop solutions that are practical and technically sound. In addition to acting as a sounding board for management, we provide comprehensive, flexible strategies that address the issues affecting your business.
Although QuickBooks is designed for the layman to understand, the initial setup and installation must be done correctly in order for future information to be accurate.
All information necessary to setup manual accounting records is also necessary to setup and install QuickBooks on your desktop. This task is even more complicated if you switch from manual accounting operations to QuickBooks in the middle of the year.
Which accounting method will you use? What chart of accounts do you need for your business? How do you handle beginning balances?
An expert can easily answer all of these questions and complete the initial Setup and Installation in a timely manner. In addition, your accounting employees receive training on the accounting software to enhance their performance.
How much does it cost?
We first want to find out a little more about your business and your accounting records before we quote you an exact price. Rest assured that we work with many small business owners and our rates are designed to fit the budgets of our clients.
Services we Provide During Setup
As with any accounting software program, installation and training take time — time taken away from managing your business. Here’s a short list of the services we provide during your QuickBooks setup:
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Study and evaluate your software and accounting needs.
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Recommend software and hardware requirements.
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Install software, design and set up chart of accounts and entire accounting package including payroll, accounts receivable, inventory, accounts payable, etc.
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Determination of your QuickBooks starting date.
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Loading your chart of account and balances as of that starting date.
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Preparation of a list of the items that you sell to your customers. This list includes services, inventory parts, non-inventory parts, other charges and sales taxes.
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Entering your outstanding accounts receivable and accounts payable details as of your starting date.
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Entering your ending statement bank balances and outstanding checks & deposits in transit as of your starting date.
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Printing a trial balance as of your starting date and comparing it to your trial balance from your old system.
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Entering your transactions since your starting dates into QuickBooks.
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Train client or client staff in use of software to meet their accounting, management and tax needs.
Ongoing Services
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Follow-up training to ensure the client is “on the right track.”
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Monthly, quarterly or annual review of client QuickBooks data to assist in tax preparation and management reports.
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Whether you need to prepare for tax time, a financial review or you just need to clean up some problem areas, you’ll be prepared with a QuickBooks Tune-up
Tune-up Topics-
Reviewing your transactions for the year
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Cleaning up stray entries
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Customizing reports
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Balancing general ledger to subsidiary records
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Additional personalized training
Price: $295
A QuickBooks Tune-up is a smart and affordable way to get a handle on your books. Accurate records allow you to make educated decisions for your business and will save you money!
Interested in the QuickBooks Tune-up service?
Please call us or click on the Arrange a Consultation button below, to schedule a time when we can meet.-
Client Accounting Services
Providing financial information to our clients in a timely and accurate manner is a commitment that we feel cannot be compromised. Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis. Our firm provides a full range of cost effective accounting services including the following:
General ledger & financial statement preparation
Bookkeeping (Monthly/Quarterly/Annual)
Accounting system setup for new businesses
Personal financial statements
Financial Statements Preparation
We can assist you in the preparation of your financial statements in accordance with professional standards, but express no opinion or any other form of assurance on the underlying information included in them. The financial statements produced can be a useful tool for management for making financial decisions.
Assurance Services
Audit Services
Audits differ from reviews and compilations, as they are an intensive examination of your company’s systems and records. KM&M approaches audits constructively, concluding each engagement with recommendations on how to improve our client’s management information, internal control systems and procedures – with our goal being to ultimately improve your bottom line.
Review Services
Reviews provide a limited assurance that financial statements are free of material misstatement. The limited assurance is derived through inquiry of management and key employees as well as analytical procedures performed on financial information. Through these procedures, KM&M looks to enhance the value of the engagement by identifying any opportunities for efficiency and improvement that would be identified by our review procedures.
Compilation Services
We view our role in the financial reporting process as an opportunity to provide constructive solutions for maximizing your company’s profitability and efficiency. Compilations differ from reviews and audits as they are based upon client information provided and used primarily for internal use only as no assurance is expressed.
Cash Flow & Budgeting Analysis
A business can be profitable and still run into trouble due to cash flow issues. We can forecast and evaluate your company’s financial condition, estimate financing requirements, and track cash-flow sources and uses.
Financial Forecasts & Projections
Forecasting is a necessity when trying to effectively manage and lead a business to profitability. From simple projections to complex financial modeling, our experienced staff can assist you in achieving your company’s financial goals.