Accounting Services
Do you need help in financial areas such as cash flow, interpreting financial statements, or setting up key performance metrics?
Is your business too small for a full time CFO, yet in increasing need of more financial expertise and guidance?
Could you use professional accounting and financial advice in your small business?
If you said yes to any of these questions, then you may benefit from our CFO services. We can help you fill in the missing management-level gaps in your accounting team without you having to pay expensive full time executive level salaries.
Comprehensive Accounting Services
We offer a comprehensive set of financial services which include write up (bookkeeping), financial statement preparation, tax compliance, and analysis of opportunities to help your business grow.
Behind the Controls
Small business accounting functions often lack the internal controls and procedures to help prevent fraud, theft, and other risks to your hard-earned assets. That means your business assets, from cash to inventory to receivables, could be at greater risk of being mis-handled.
We can review the duties of each bookkeeper and make suggestions to procedure changes that will lower your risk and help you better protect your business assets.
Planning and Budgeting
Do you know exactly what you want your business to look like in three to five years, but are not sure how to get there? We can help you make sense of the financial piece of planning so you can achieve your dreams.
In the short term, we can also help you create a budget for your business so you can control expenses and see where you stand relative to your goals.
Keeping the Cash Flowing
One of the most challenging tasks of small business owners is managing their cash balances. We can help you get the right tools in place so you can stay on top of your cash. Whether it’s setting up the right reporting, creating forecasts, or preparing a loan package for your local bank, we can help you keep your cash flowing.
Profitability Analysis
Do you wonder which product or service line is the most profitable for you? We can perform an analysis of profitability by location, product, employee, or whatever grouping is meaningful for you. This information will help you make better decisions about your revenue mix and make your business more profitable in the long term.
Sounding Board
It can be difficult to find good advice when you are in business for yourself. Friends and spouses who are not self-employed don’t often understand the decisions we make. As a fellow small business owner, we can act as a sounding board for your business ideas.
Complimentary Consultation
Give us a call at (949) 502-4680 or email us at peterc@coreperformance.net to find out more or to set up your complimentary consultation.
Staff Training
If you don’t have the time or expertise to train your bookkeeping or accounting staff, we can provide the training they need to become proficient in their accounting duties.
Profitability Analysis
Do you wonder which product or service line is the most profitable for you? We can perform an analysis of profitability by location, product, employee, or whatever grouping is meaningful for you. This information will help you make better decisions about your revenue mix and make your business more profitable in the long term.
Sounding Board
It can be difficult to find good advice when you are in business for yourself. Friends and spouses who are not self-employed don’t often understand the decisions we make. As a fellow small business owner, we can act as a sounding board for your business ideas.
Complimentary Consultation
Give us a call at (949) 502-4680 or email us at peterc@coreperformance.net to find out more or to set up your complimentary consultation.
Staff Training
If you don’t have the time or expertise to train your bookkeeping or accounting staff, we can provide the training they need to become proficient in their accounting duties.
Comprehensive Accounting Services
We offer a full range of financial services which include bookkeeping, financial statement preparation, tax strategy, tax compliance, and business strategy.
Monthly Technology Bundle – This is required for all Accounting and Advisory Services Clients
New/Returning Client Setup Consultation and Procedures Documentation
Accounting Data File Analysis – One Time/Initial (required to initiate all other services if an existing accounting file will be used)
Accounts Payable Processing – no Job Costing – using Bill.com®
Accounts Payable Processing – with Job Costing - using Bill.com®
Download/Data Entry and Coding of Credit Card transactions
Customer/Client Invoice Preparation Recording Client Payments Received and Recording Deposits (including recording of revenues from 3rd party revenue reports)
Posting of monthly journal entries (Depreciation Amortization Other)
Bank Account Reconciliations (including loans & lines of credit)
Credit Card Account Reconciliations (for business expenditures)
Other Balance Sheet Account Reconciliations
Preparation of Monthly Internal Management Reports (to include Balance Sheet, Profit & Loss- Current Month, Profit & Loss-YTD, Accounts Receivable Aging, Accounts Payable Aging)
Assistance with vendor communications relating to obtaining W-9s (Consultant will provide assistance in this area but we do not assume responsibility for the completeness/accuracy of the W-9 information we receive from you and/or from your vendors).
Assistance with preparation of annual Form 1096 and 1099s
Payroll Processing
Sales Tax Return Preparation for the following states: all states with Wayfair Nexus
Weekly telephone conference with your Consultant outsourced accountant(s) to answer any questions specifically relating to transaction processing, open Service Order requests and other work in process.
Weekly telephone conference with your Consultant outsourced accountant(s) to answer any questions specifically relating to transaction processing, open Service Order requests and other work in process.
Monthly management reporting and consultation meeting (via conference call or video conference) with your Consultant Outsourced Controller and/or CFO
Year –end accounting adjustments and closing of books
Prepare your Form 1120S, U.S. Income Tax Return of an S Corporation [or other as appropriate]. Our tax services will be outlined in a separate agreement even if the fees for those services have been included in your Accounting and Advisory Services agreement.