✓ Monthly Financial Statements & Year-End Adjustments

Preparation and analysis of monthly financial statements, including Profit & Loss, Balance Sheet, and Cash Flow reports. We review profit-sharing arrangements, partnership and LLC agreements, and post necessary year-end adjustments to ensure financial accuracy and compliance.

✓ Year-End Bookkeeping & Audit Support

Coordination with external auditors to fulfill year-end compliance requirements, ensuring books are audit-ready and aligned with US GAAP and regulatory standards.

✓ Invoice Generation & Revenue Recording

End-to-end invoice generation services, ensuring accurate revenue recognition and systematic tracking of receivables.

✓ Accounts Receivable & Payable Management

Comprehensive AR and AP management to maintain optimal cash flow, monitor aging reports, process vendor payments, and reduce outstanding balances.

✓ Trial Balance & P&L Management

Preparation, review, and reconciliation of trial balances and Profit & Loss accounts to ensure ledger accuracy and financial integrity.

✓ General Ledger Maintenance

Ongoing general ledger management, including account classification, journal entries, reconciliations, and financial data validation.

✓ Payroll Processing & Compliance

Complete payroll management, including salary calculations, tax deductions, compliance filings, and timely employee disbursements.

✓ Multi-State Sales Tax Compliance

Preparation and filing of sales tax returns across multiple US states, along with compilation and reconciliation to ensure accurate tax reporting.

✓ Bank Reconciliation Statements

Periodic preparation and review of bank reconciliation statements to detect discrepancies, prevent fraud, and maintain financial accuracy.

✓ Fixed Asset Register Management

Preparation, review, and maintenance of the Fixed Asset Register, including capitalization policies, depreciation schedules, and asset tracking.

✓ Statutory Returns & Regulatory Reconciliations

Monthly reconciliations aligned with statutory returns to ensure accurate reporting and strong internal financial controls.

✓ Non-Compliance Risk Mitigation

Evaluation and optimization of accounting workflows to identify gaps and implement corrective measures, reducing penalties and non-compliance risks.

✓ Advanced Accounting Software Expertise

Proficient in leading accounting platforms such as QuickBooks, Xero, and Zoho Books, enabling customized solutions based on client-specific operational needs.