Waikare Accounting Service
Financial Statement Preparation - Accurate, timely financials are essential for any company. They provide you with the critical information you need to manage and build your business. The right approach to your company’s accounting and bookkeeping can improve profitability and cash flow, illuminate opportunities, and position your company for future success.
As you know, do-it-yourself accounting software only goes so far and we can help ensure your accounting function contributes to meeting your goals. We can take all of your records of cash receipts and cash disbursements and record the activity into a software program to produce a general ledger and internal financial statements.
General Ledger Maintenance- Business transactions are to be properly classified into appropriate general ledger accounts according to the accounting standards and the applicable legal provisions. By generating the required information to manage your business, it provides an accurate picture of your organization’s bottom line.
Accounts Receivable - We have the ability to process client checks, post payments and identify past due or problem accounts in order to maximize your cash flow.
Accounts Payable Management/Bill Paying - Our bookkeeping services support receipt and management of paper-based payable documents and we can prepare signature ready checks in an organized and timely manner.
Bank Reconciliation - Bank Reconciliations are an absolute necessity for businesses as they make deposits and receive receipts from their customers on a regular basis. Our bookkeeping services check the accuracy of your bank statement details, payments made into your account and withdrawals from your account to tell you whether your books agree with your bank balance. We provide a wide variety of reports reflecting debit and credit activity, and exceptions that have occurred on the account.
Chart of Accounts (Account Listing) Management - While seldom addressed by most practitioners, we feel that this is the first step in developing a good understanding of your business. A thorough evaluation of your chart of accounts ensures that you have a good understanding of what is included in the general ledger account and the numbers that flow through it. We can tailor the chart of accounts or account listing to the key metrics in your business, helping your management team identify strengths and weaknesses in your business. Furthermore, it gives you the ability to pinpoint fixed and variable costs, controllable and non-controllable costs and costs assigned to a particular activity.
QuickBooks Training – In certain circumstances, the client has the desire to keep their accounting in house, but needs some assistance with setting up and utilizing their accounting software. We have the ability to assist you at your location or if you prefer, you can train at our location, whichever is a more effective learning environment for you or your staff.