Accounting & Bookkeeping Services Package

1. General Bookkeeping

Service Description:
Regular bookkeeping services that meticulously track income, expenses, and financial transactions. This foundational service ensures accurate financial records, which are crucial for informed decision-making.

• Included:Recording Financial Transactions: Keeping a detailed log of all income and expenses.
  Bank Account Reconciliation: Regularly matching bank statements with internal records to identify discrepancies.
  Managing Accounts Payable and Receivable: Tracking what is owed to suppliers and what customers owe to the business.
  Preparation of Monthly Financial Reports: Offering insights into the business's performance through easy-to-understand reports.
  
• Price Range: $300 - $1,000/month (varies based on transaction volume)

2. Financial Reporting

Service Description:
Creation of comprehensive financial reports on a monthly, quarterly, and annual basis. These reports provide critical insights into the business's financial health and support strategic decision-making.

• Included:Balance Sheet: A snapshot of the business's assets, liabilities, and equity.
  Income Statement: A detailed view of revenues and expenses over a specific period.
  Cash Flow Statement: Tracking the flow of cash in and out of the business.
  Customized Financial Summaries: Tailored reports that highlight specific metrics or areas of concern.
  
• Price Range: $200 - $700/month

3. Tax Preparation & Filing

Service Description:
Professional assistance with the preparation and filing of all necessary tax returns, ensuring compliance and optimizing tax liabilities.

• Included:Preparation of Quarterly and Annual Tax Returns: Timely and accurate submission of required tax documents.
  Tax Deductions and Credits Optimization: Identifying potential savings to minimize tax liabilities.
  Compliance with Tax Regulations: Keeping up to date with the latest tax laws and regulations.
  Assistance with Audits (if applicable): Providing support during tax audits for peace of mind.
  
• Price Range: $500 - $3,000/year (depending on business complexity)

4. Payroll Processing

Service Description:
Comprehensive payroll services to ensure employees are paid accurately and on time, including necessary tax filings.

• Included:Employee Payroll Calculation: Accurate computation of wages, bonuses, and deductions.
  Direct Deposit Setup: Convenient payment options for employees.
  Payroll Tax Filing (Federal and State): Ensuring all payroll taxes are filed in accordance with regulations.
  Payroll Reporting: Detailed reports on payroll expenses and related metrics.
  
• Price Range: $300 - $1,200/month (based on employee count)

5. Accounts Payable & Receivable Management

Service Description:
Proactive management of both accounts payable and receivable to improve cash flow and ensure timely financial operations.

• Included:Invoice Creation and Management: Efficient handling of invoicing for products/services rendered.
  Payment Tracking and Follow-up: Monitoring outstanding payments and following up as needed.
  Bill Payment Services: Timely payments to vendors to maintain good relationships.
  A/R and A/P Aging Reports: Analysis of outstanding receivables and payables to manage cash flow effectively.
  
• Price Range: $200 - $800/month

6. Financial Forecasting & Budgeting

Service Description:
Strategic financial planning services that provide projections and budgets to guide business growth and sustainability.

• Included:Budget Creation and Tracking: Development of realistic budgets aligned with business goals.
  Revenue and Expense Forecasting: Anticipating future financial performance based on current trends.
  Cash Flow Projection: Ensuring that the business maintains sufficient liquidity.
  Financial Goal Setting: Establishing measurable financial objectives for the business.
  
• Price Range: $500 - $1,500/month