The average small business owner spends over 10 hours personally each month in accounting for their business. If your average billing rate is $75.00 per hour, you may be spending more than $750 per month of your time! That's just the basic upkeep of your accounts, not to mention your time spent billing, payroll, and receivables.
Banking/Cash Management Financial Statements
Payroll Payables/Receivables
Notary Public Quickbooks Consultation/Training
Tax Preparation Reduction of Tax Liabilities
Payroll - We can provide you with a full service payroll experience at cost effective rates.
We can guarantee that your payroll will be accurate, timely and hassle free. Our high quality
payroll service is customized for you and your business. There's nothing better than personal
attention!
Banking/Cash Management - Cash flow analysis involves examining the components of
your business that affects cash flow. Such as accounts receivable, inventory, accounts payable and credit terms. By performing a cash flow analsis on these separate components, you'll be able to more easily identify cash flow problems and find ways to improve them.
Financial Statements - The statements prepared are the income statement or P&L, the balance sheet and the detailed trial balance report. Financial reporting may be prepared monthly, quarterly and annually. These reports will show the ending balances for asset, liability, capital and expense accounts for specific period of time.
Payables/Receivables - This is the heart and soul of your business. You can't pay the bills without getting the invoices out and collecting the funds from your clients. We can ensure your billing goes out as often as you need, keep an eye on outstanding invoices and be sure to collect in a timely matter. This alone can cost an owner dozens of hours a month, preventing them from going out and generating a new business or getting work done.
Reduction of Tax Liabilities - Xcesiv Bookkeeping can review your books in detail to help you identify all possible reductions in tax liabilities. You can greatly reduce the tax burden on your company which will allow that money to go back into the business.