Monthly Income Statements include a monthly and year-to-date breakdown of sales, cost of sales, and expenses. Percentages for both help you to compare year-to-date performance and to quickly detect any problem areas before they become a big problem.
Operating Statement Performance Graphs are sent to you each month. They are developed from the financial information in your business operating statement, giving you a concise visual picture of your business trends. The line graph presents a comparison of sales for the current and previous years. The pie chart shows fiscal year-to-date expenses, and the bar graph presents your total sales, expenses and profit margin for the year in monthly breakdown.
The Payroll Register shows payroll and tax information for each employee on a monthly and year to date basis, broken down by departments.
The Balance Sheet summarizes your total business assets, liabilities and net worth at any given point in time, so you can make decisions about capital expenditures or how to improve profits.
Bank Reconciliations – each month we reconcile your bank statement to your bankbooks balance to ensure you are operating with the correct bank balance.
The Detailed General Ledger records the dates, check numbers, payees and amounts of monthly expenses, so you can see exactly what made up a balance on you financial statements for any given month.
Payroll and Sales Tax Reports – we prepare any necessary state sales tax and state and federal payroll tax returns as needed, as a part of your monthly fee.