Business Accounting Services
You might be pre-occupied with running a business, which means having less time to handle its accounts on your own. Our professional bookkeeping service is the perfect choice for businesses of all sizes who need a professional to manage their books.
Financial Statements and Reports
A significant part of running a successful business is reviewing all the money coming in and how much is being spent. The generation of profit and loss statements, cash flow statements, and balance sheets allow you as a business owner to keep an eye on profit, costs, expenses, and assets. We also provide bank account reconciliation making sure that your present accounting and reports also match what’s in your bank account.
Budget Analysis
We provide in-depth budget analysis allowing you to understand how a business’s money is managed and spent. Our budget analysis will also tell you if the budget is in line with current business goals.
We provide recommendations, explain our recommendations, and find alternatives if analysis shows that things aren’t working. Our budget analysis will also help you estimate the business’s financial needs in the future.
Cash Flow Statement
The Cash Flow Statement is an essential financial statement that summarizes how much cash and its equivalent happens to be leaving and entering the business.
Our cash flow statement or CFS measures how well the business can manage its current cash position, so you know how well cash is being generated and used to pay off debt and fund operations. The CFS is mandatory for a company’s financial reporting since 1987
Joey N. Friedman, CPA, ABV, M.Acc, MIB
Professional Bookkeeping Services
At Joey Friedman, we provide customized bookkeeping services that manage all aspects, including general ledgers, insurance reports, and payroll records.
Joey Friedman is well-known as a leader in his field for his knowledge, expertise and professionalism. Through a broad range of academic and real-life experience, Mr. Friedman can provide the guidance needed in a wide variety of business-related services. His ability to see each case from a variety of angles and identify the issues or inconsistencies that may need further investigation and inquiry, has made him an authority in the field. His strategic and tactical leadership has made his many businesses a benchmark for success in each of their respective industries.
FAQ
A business accounting service is a professional service that handles the financial records and bookkeeping tasks for businesses of all sizes. It includes managing income and expenses, preparing financial statements, reconciling bank accounts, and offering budget analysis. You need it to ensure accurate financial records, comply with tax regulations, and make informed financial decisions for your business’s growth.
Absolutely! Our business accounting service caters to businesses of all sizes, including small businesses and startups. We understand the unique challenges faced by smaller ventures and tailor our services to meet your specific needs and budget.
Yes, we provide in-depth budget analysis to help you create a budget that aligns with your business goals. Our team will work closely with you to understand your financial objectives and design a budget that maximizes resources while ensuring financial stability.
You can choose the frequency of receiving financial statements and reports based on your preferences and business requirements. We can provide them monthly, quarterly, or annually, ensuring you have up-to-date insights into your business’s financial performance.
Yes, your financial information is treated with the utmost confidentiality and security. Our team adheres to strict data protection protocols and utilizes secure systems to safeguard your sensitive data from unauthorized access.
Getting started is simple! Contact us via phone or email to schedule a consultation. During the consultation, we’ll discuss your business needs and tailor a service package to suit your requirements. Once everything is set up, you can start benefiting from our professional bookkeeping services right away.