SMALL BUSINESS ACCOUNTING
Accounting support
Chart of accounts organization, financial statement preparation, and tax-ready accounting support for qualifying small businesses.
HOW THE WORK HAPPENS
From books to filing-ready records
The work begins with a review of your existing books, chart of accounts, and reporting needs. Scope and fees are confirmed before services begin. Bookkeeping setup, ongoing recordkeeping, reconciliations, and historical cleanup are handled through a separate engagement.
Organize
Structure or refine account categories to fit the business model and tax reporting needs
Prepare
Prepare financial statements for management use from the books and records provided
Support
Organize the schedules and support needed for the separately scoped tax return
ACCOUNTING SOLUTIONS
Accounting services
Availability depends on engagement acceptance, source records, timing, complexity, and the intended use of each deliverable.
Bookkeeping setup
Set up selected accounting software, opening balances, workflows, and recordkeeping responsibilities
Chart of accounts
Organize or refine account categories to fit the business model, tax reporting needs, and management reporting
Recurring bookkeeping
Record and classify transactions using the information supplied, within the agreed periods and frequency
Account reconciliations
Compare selected bank, credit card, loan, and other balance-sheet accounts with available third-party statements
Accounting cleanup
Review and correct selected historical bookkeeping items after evaluating record condition and available support. Cleanup does not guarantee that every prior error or omission will be identified.
Financial statements
Prepare financial statements for management use using the books and records provided, without an audit, review, compilation report, or assurance
Cash-flow reporting
Selected cash activity reports and forecasts using historical records, stated assumptions, and information supplied by management
Budgeting & forecasting
Prepare or organize budgets and forecasts using assumptions approved by management. Forecast results are not guaranteed.
Tax-ready accounting
Organize records, reconcile accounts, and prepare selected schedules to support the separately scoped tax return preparation process
SERVICE BOUNDARIES
Reports for management use
The intended audience and level of service are identified before work begins.
No audit or review
No opinion, conclusion, or assurance is provided on financial information.
No compilation report
Financial statement preparation does not include a compilation report unless separately engaged and permitted.
Management responsibilities
Management is responsible for records, controls, decisions, assumptions, and the accuracy and completeness of information supplied.
INFORMATION NEEDED
What to gather
The records needed depend on the engagement. Start with the relevant items below — these services build on books you’re already maintaining, not raw source documents.
- Current chart of accounts
- General ledger or trial balance export
- Prior-period financial statements
- Prior-year tax returns
- Payroll and contractor summaries relevant to tax schedules
- Entity and ownership records
- Access to view the accounting platform (read-only)
Send records securely
Use only the approved secure process to send financial statements, tax documents, and other confidential information
ENGAGEMENT EXPECTATIONS
What to agree on before work begins
Only a signed engagement agreement establishes the services and responsibilities for a particular business.
Defined scope
Only the accounts, periods, reports, and services identified in the agreement are included
Timely records
Delivery schedules depend on complete information, access, and management responses
Management decisions
Bookkeeping, additional entities, or added reporting may require a separate engagement
LET'S CONNECT
Questions about your small business accounting?
Request a complimentary consultation to discuss what you’re looking for.