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A degree in accounting and certification as a Quickbooks Pro Advisor has provided me with a passion for helping small business owners take control of their finances. I own two small businesses and their financial future is as important as the products or services they provide. I'd love the opportunity to assist you in taking control of your business finances.
Some business owners get intimated by the accounting terms-let me help you understand why there is nothing to fear. A P & L report is a profit and loss report that simply breaks down your money in and your money out in the form of income and expenses. Things that you will see on the P & L are payroll expenses, rent, cost of goods sold, are all on the expense side, the income side will have sales income, product income or any other items that generate income. The things that will not show up on your P & L are loans, vehicles, anything that you hold a note on or will be paying over time. These will show up on your balance sheet. See it really is easy to understand.
A balance sheet is a report that shows the money you owe on loans (vehicle loans, building loans, accounts payable), the money you have in assets (accounts receivable or in the bank) as well as property you hold as assets. This report also shows your equity (personal funds you've invested) in the company, your inventory value as well as pending tax payments (sales or payroll taxes). When you learn to read these reports you will have a better understanding of your company's true financial stability.
Download, fill out and attach our client information forms below so we can prepare for your appointment.
We know that the accounting needs for each business or family are unique. Use our form to tell us more about your needs, and concerns, and we will give you a free quote on regular or one-time accounting services.
Monday - Friday: 9am - 5pm
Saturday: By appointment
Sunday: Closed
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