Monday, May 26, 2008

Accounting software useful in small business

Today, Small or Large level business have a lot of track of records are occurrence. There are also many important deals approved by responsible person so that it will take more time to complete all these transaction in defined time. And It is very time consuming task for any human beings. If you allocate special person for that therefore it is costly and not sufficient for work load. In this time software can help to approve work in time and very effectively. There are many useful accounting software available in the market. Finally, Now-a-day accounting software is essential requirement any accounting firm in this competitive business where notice all transaction in day by day.

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Thursday, May 22, 2008

Rothwell & Company Financial Services

Expense and Income tracking: Save those receipts! However you prefer to get them to us - once we receive them we will ensure they are entered accurately in your QuickBooks or Quicken file so you’ll be ready at tax time.

Invoicing: Timely billing is necessary to receive timely payments. Bad debt and deteriorating receivables management has hit many industries hard. Let us streamline the process from the start for you and avoid the pitfalls of disorganized invoicing.

Accounts Receivable: With tact and diplomacy, we provide follow-up on all aged accounts. We will:

  • Make and track receivables entries based on information you provide.
  • Send out reminder and past due notices at specified times.
  • Set up payment arrangements according to your documented payment policies.
  • Follow up to ensure receipt of payments and even make courteous collection calls on your behalf.

Accounts Payable, Bill Paying and Account Reconciliation: However you prefer to get them to us, we will set up and pay your monthly bills. We can help you stay on top of the monthly credit card statements, utilities, mortgage, and other regularly billed services. We will either manually pay your bills or set up an online bill payment system and enter the transactions into your accounting software. Using your account statement at the end of each month we’ll reconcile it to the penny for you!

CPA Point of Contact: We will coordinate with your professional CPA on a monthly and/or yearly basis to ensure a stress-free tax season.

Other Financial Services Available:

General Ledger

  • Activity Reports
  • Balance Sheets
  • Budgeting
  • Income Statements
  • Statement Reconciliation

Receivables Management

  • Aging Reports
  • Deposit Verification
  • Light Collections

Accounts Payable

  • Aging Reports
  • Check Printing
  • Data Entry
  • Expense Payments

Payroll

  • Payroll Processing
  • Tax Filings

Human Resources

  • Unemployment claims
  • Help with Dept of Labor Wage and Hour Claims

Income Tax Preparation

Bookkeeping: To access and update bookkeeping files on an ongoing basis we offer two options:

  • You send a new QB backup to us; we install it on our computer, maintain your files and then send you the backup of the completed work either monthly or quarterly (your choice).
  • Provide direct access to specific files on your computer via Log me IN.

Tuesday, May 13, 2008

Bookkeeping Help – How Much Do You Need?

Every office today has a computer, and every office-supply store has accounting software you can load onto your computer. Each year, these software packages become more intuitive and easier for the beginner to learn and understand. Why then, should any small business hire a bookkeeper or other accounting professional? And, even if they decide to hire one – how much help do they actually need?

No matter how astute accounting software has become, it still takes a real person sitting at the computer entering information. It's also important to realize that what you get out of your accounting software is only as good as what was put into it. Some business owners are completely comfortable in dealing with money. They have enough of an understanding of finance and accounting, that they truly have no reason to hire a bookkeeper.

Others, however, feel quite differently. They worry they'll make a mistake and are far more comfortable hiring someone else to handle those areas. The question is – how much bookkeeping help do you need? The answer will very much depend on each business and each business owner. Here are a few tips that will help you sort it out:

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