Running your own business means you have more important things to do than accounting. When it comes to NY small business accounting, we are the Manhattan small business CPA you've been looking for. We're here to expertly handle your books so that you don't have to. That way, you can get back to doing what you love best -- running your business, innovating, taking things to the next level, and generating more profit.
We're available on a monthly or quarterly basis to do the following:
These tasks will form the foundation for your basic accounting package. From there, a Manhattan small business CPA, like Armel Tax, can customize offerings to your needs by adding services such as payroll, tax preparation, tax planning, and more.
Having your business bank account reconciled every month makes it easier to maintain your general accounting and tax information. We will be able to:
These services will result in:
You will sleep better and have more peace of mind knowing that your bank accounts are being monitored and reconciled!
Income Statement / Profit and Loss Statement
This document includes an itemized list of your revenues and another list of your business expenses. The result is a profit or loss for that period.
A profit and loss statement allows you to:
Balance sheets can give a concise snapshot of how your business is doing at any given time. They can help you to:
Balance sheets, along with profit and loss statements, are the basic elements of financial reporting. You will need them to approach potential lenders such as investors, banks and vendors considering extending credit to your business.
Your General Ledger
General ledgers, or "the books," are the backbone of business records. Every transaction flows through your general ledger, therefore even a small problem can affect all of your accounting. We can review your general ledger each month to identify any discrepancies and address them on the spot.
We're Here for You!
Consultations are included in our price, so we are always available to answer any accounting questions you may have. If you're in need of NY small business accounting, we are ready to be your Manhattan small business CPA. You may use the form below to get started with a free consultation.