Small Business Accounting

As a small business owner or independent contractor, you may need some help with your accounting. I can help you take care of setting up a proper accounting system and keeping your books current on an ongoing basis, so you can focus on growing your business. I can also help as needed and work with your staff to train them to perform accounting related tasks more effectively.

Bank and credit card account reconciliation

Reconciling your bank account is important, as going through the process can help you to identify outstanding checks, so you will know what your true balance is with liabilities taken into account. Going through this process also helps you to capture any transactions that went through cash that have not been captured in your books. These transactions must be captured for your financials to be accurate. Additionally, reconciling the bank account can enable you to spot any unauthorized withdrawals or transactions on your account.

Ledger clean up

Maintaining an accurate and up-to-date ledger is key for producing reports that will show your business results properly. I can examine your ledger setup and advise you or help you implement a appropriate set of accounts to correctly classify transactions. Correct classification will simplify your financial reporting and tax processes.

Generate basic financial reports, including the Statement of Profit and Loss and Balance Sheet

Your Statement of Profit and Loss provides you with information on how profitable your business is. Without an accurate and comprehensive profit and loss report, it is difficult to know how successful your business is and determine your income tax liability. As a sole proprietor or partner in your business, producing these statements is especially important to do on at least quarterly basis, so you can measure what your estimated taxes will be.


Your Balance Sheet will give you a snapshot of what your business owns and owes. It will help you to determine your cash position and financial viability at the point in time when it is produced.

Produce reports specific to your business and goals

I find that working with my clients to produce reports and data analyses to help them progress is the most important service I can offer them. I start every engagement with an interview and needs assessments that help me to understand what my clients are doing day-to-day, what their pain points are, and how we can work with their accounting and reporting processes to make the situation better. I will work with you to make sure that your accounting system is properly set up to produce reports that will provide data you can act on.