Small business accounting services
Gordon Advisors is a highly experienced and respected tax consulting firm with decades of experience and a forward-thinking mindset. Our experts have assisted clients with all aspects of tax accountancy and can provide the professional services you need for your business.
Providing financial information to our clients in a timely and accurate manner is a commitment that we feel cannot be compromised. Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis. Our firm provides a full range of cost-effective accounting solutions.
We can take a comprehensive look at your organization’s activities and transactions. We can look for refund opportunities, identify weaknesses in your sales and use tax compliance system, and offer recommendations on how to improve it.
Bookkeeping services
We provide quality bookkeeping, tax, and related financial services to businesses and individuals by offering the following services:
- Bill Paying – Your invoices and checks come to our office. We then write the checks and deposit your funds directly in the bank and provide you with monthly reports.
- Outsource Services – We come to your office to write checks and control the general bookkeeping process
- Write-up Services – You bring your monthly, quarterly and annual information to us. We enter the information, make necessary adjustments and provide you with reports and/or tax returns.
- Financial Statement Preparation (compilation with no disclosure)
- Tax Preparations for Both Business and Individuals
- Tax Consulting and Business Start-up Assistance
- QuickBooks Training and Consulting
We will maintain constant contact with you when providing these services so that you always have the most accurate and current information to better manage your business.
Do you need QuickBooks help? We will come to your office and set up QuickBooks to reflect a proper accounting system. We will prepare the initial financial reports and train your staff on the proper procedures to use in recording your information. We have a very personalized approach which gives us the ability to answer very specific questions and concerns.
QuickBooks consulting
Your first business plan may have been written on the back of a napkin. For several years you’ve kept track of your finances on a simple spreadsheet. Success occurs, and money is flowing in (and out), making the finances more complex. It’s time for a true accounting system. There’s several quality accounting systems available for small businesses and each are good for general ledger management. The most common in the United States is QuickBooks.
A small business owner doing his or her own books is similar to a house renovation. You may have a level of comfort and time available for fixing up your home. For the projects that you don’t have the expertise or the time, you bring in someone else to assist. Handling your QuickBooks needs is similar. You may want to do your own accounting or bring someone like Gordon Advisors in to assist you. We have staff that are trained in QuickBooks, including QuickBooks Pro Advisors.
Short-term assistance
In addition to traditional bookkeeping, there are four various times or stages when it may be useful to bring in assistance for a short-term period. The first one is to setup your accounting system. Perhaps your business isn’t large enough to warrant a professional for your accounting and you or a family member may do the limited entry that is needed. It still may be a good idea to bring a professional in to set the structure up in the first place. Cooking is a lot simpler when the recipe is already provided.
Training for QuickBooks
A second reason to bring in a professional is for training on QuickBooks. Don’t disqualify a quality candidate for your accounting role just because they don’t know your software package. QuickBooks is somewhat simple to learn and having an expert provide some initial guidance and be available to answer questions for awhile can make the new employee much more efficient. A third use for a professional is during a conversion from one software package over to QuickBooks. Transferring the historical data is important not just for the past, but also for the future. A fourth reason to bring in an expert would be for what we refer to as “cleanup.” Perhaps the reason you’ve brought in new staff is because the previous staff made too many mistakes. Bringing in an expert with years of experience can help you untangle the web of errors created by the previous person.
If you find yourself experiencing one of these circumstances; system setup, training on QuickBooks, a system conversion to QuickBooks or cleanup, for the sake of your own sanity and future efficiency, it may make sense to bring in someone to assist. Not all of us can do our own electrical and plumbing, so don’t feel bad if you’re not great at accounting – just contact someone who is.
Frequently Asked Questions
How Can a CPA Help My Business?
Certified public accountants, or CPAs, are certified professionals who offer a range of accounting services. These range from auditing and assurance to financial consulting for businesses, tax planning and compliance, and estate and trust services. CPAs, including the ones here at Gordon Advisors, are regulated by the American Institute of Certified Public Accountants, or AICPA, which develops and grades the Uniform CPA Examination. Once a person has passed this exam, licensing is done at the state level, and, in some cases, even at the district or county level. These rigorous examinations by different boards help keep your business finances secure by ensuring that your CPAs are well versed in the current accounting world.
What Accounting Services Are Needed for a Business?
There are a wide range of client accounting services that are helpful for businesses. We suggest finding a CPA firm that provides a variety of services so that they can help with any needs you have going forward. Some of the key services to look for include bill paying, write-up services, financial statement preparation, tax prep, tax consulting, business start-up assistance, and QuickBooks training and consulting.
Is It Worthwhile to Hire a CPA Firm for a Business?
A Certified Public Accountant, or CPA, can be a huge benefit for a business. As a business owner, you may be hesitant to loosen the purse strings, but a good CPA can help you save money in the long run. In this day and age, taxes are as complex as they have ever been. By trusting a certified professional who understands the ins and outs of the accounting world, you can reap the rewards of your CPA saving you money and keeping you compliant.