When you understand the financial dynamics of how your business runs, there are clear actions to take to increase profitability, improve cash flow, and position yourself for growth. When your accounting information is accurate and up to date, then any business questions can be answered to help steer the right course.
Business Accounting services include:
Small Business Accounting
We handle monthly bank account reconciliation, create income statements and balance sheets, provide general ledger cleanup, and consultation for any questions you might have
Do you struggle with employment laws and IRS rules? Let Clear Accounting take this headache off your hands. It’s cost effective, saves you time, ensures worry-free payroll tax filing and reporting, and allows you to focus on your business core competencies
Cash Flow Management
You’ve probably heard the saying “cash is king” and if you’ve ever had a cash flow crunch in your business you know how true that is. Our cash management support will help you understand your cash flow cycles, identify the best sources for meeting cash needs, and plan ahead with a capital strategy. Clear Accounting can also support you in obtaining an appropriate line of credit, implementing effective cash collection practices, and obtain the best rate of return on your idle cash.
When you need capital to grow your business, our experts will help you prepare a winning loan proposal and select the right lender for you.
Internal controls help you ensure resources and roles are properly allocated in your company, reduce the risk of errors, and implement checks and balances to safeguard your transactions and operations from interruption or impropriety.
If you’re faced with the prospect of litigation, you don’t want to go it alone. You want a seasoned CPA at your side to represent your interests, know what questions to ask, produce needed information and exhibits, assess any damages, and rebut opposing expert testimony. Increase your odds of winning by enlisting our support.
Audits – Reviews – Compilations
At times your creditors, investors, or stockholders need assurance of the accuracy of financial statements. Based on their level of risk tolerance, your budget, and the requirements you have to meet, we offer three levels of service: Audit, Review, or Compilation. We’ll help you understand the differences and choose the one that best suits your need.
Non-Profit Organization Accounting
The IRS has strict qualifications for non-profit entities and requires specific revenue and expense classifications. It’s imperative that you build your accounting system around these classifications from the outset and use them effectively. Clear Accounting will help you prepare your organization’s 501 (c)(3) application for tax-exempt status, and set up and manage your systems in compliance with all of the unique tax requirements it entails.