- Bookkeeping & Accounting
- Accounts Payable
- Accounts Receivable
- Bank Account Reconciliation
- Account Analysis
- Financial Statements Preparation
- Income Tax Preparation & Filing
- Prior Years Amended Tax Returns
- Tax Accounting Methods
- Electronic Filing
Consulting & Advisory
- QuickBooks Consulting and Accounting Software Service
- Management Consulting
- Transaction Advisory
- Business Integration
- New Business Formation & Incorporation
Intuit Payroll Solution
Full Payroll Services
Year End W-2 & 1099 Processing
Daily entry of accounting transactions: vendor invoices, customer invoices, deposits, payments and other disbursements and withdrawals. Bank Reconciliation, complete and up-to-date detailed Accounts Receivable, Accounts Payable and General Ledger. Daily, weekly or monthly reports on all the critical areas of business management. Preparation of Balance Sheet, Income Statement and Cash Flow Reports.
*Accounting services being offered do not require a state license.
We will conduct a periodic review of your general ledger with you or your bookkeeper to ensure all activity is posted correctly and that any necessary cash to accrual or income recognition adjustments have been made. The frequency of the review depends on the level of controllership services you select, but at minimum the review will take place monthly. After each monthly review, We will issue financial statements and lock your accounting data file for the period so that no data can be changed after the reports are issued without my full knowledge and permission. Then we will distribute the financial reports package for the month to designated personnel at your company. Monthly or quarterly, this report package will include a management letter explaining the significance of your financial reports and calling your attention to critical business ratios and areas of concern, and an invitation to meet with me for a thorough review and discussion of your financial reports.
- Provide accurate and efficient tax planning and preparation, keeping current with changes in the tax law and legislation and providing detailed personalized service will keep you updated and informed on how to take advantage of those changes.
- Personal Income Tax Returns
- Business Income Tax Returns
- Sales Tax
*Licensed in the State of California for tax preparation.
CTEC ID #A258926
Bluewater Surety Insurance Agency – Bond #CA 801508
QuickBooks Consulting and Accounting Software Service
QuickBooks installation, set-up, training, troubleshooting, data file evaluations, accounting, bookkeeping and on-going support. Client services and QuickBooks support are provided to any location using a secure remote access. . We will ensure that your accounting data file is set up correctly to fit your business model and to provide the reporting functionality your business requires. Additionally, we will ensure you or your bookkeeper is fully trained in how to process activity appropriately in your accounting file. Although, we specialize in QuickBooks Pro, Premier, Enterprise Solutions accounting and QuickBooks Point of Sale software. Certified QuickBooks ProAdvisor will provide the highest quality of service to enable your business to have accurate financial records and powerful decision making reports.
Management consulting helps organizations to improve their performance, primarily through the analysis of their existing business problems and developing plans for improvements, clients improve performance, drive profitability and create sustained results.
We will assist you to help maximize value and minimize risk during the transaction process and beyond. Our comprehensive financial and tax due diligence services combine our technical expertise with industry-specific knowledge to help drive successful transactions.
New Business Formation and Integration
Business integration is the processes of combining different business and management systems. LFC Accounting will provide integration from one partner to another and between key business processes both internally and externally. Our goal is to make the business processes more efficient and cost-effective.
Business Integration service includes:
- Start-up activities for the implementation of a predefined service or a custom service
- Implementation of components and systems
- Supervision and support of service and traffic flows
- Maintenance of components and systems utilized
- Conversion of data formats and layouts
- Verification and validation of key information
Review of Internal Controls
A system of Internal Controls is put in place to keep the organization on course toward profitability goals, achievement of its mission, to reduce risk of assets loss, to help ensure the reliability of the financial statements and compliance with laws and regulations. LFC Accounting will review the segregation of duties and help you in documenting your internal controls, assessing risks where there may be weaknesses in your controls, and suggesting possible solutions to strengthen your controls.
Review of Internal control services include:
- Documenting your current processes.
- Development of policy manuals to formalize responsibilities
- Identify significant deficiencies and material weaknesses in internal control
- Recommendations on changes to internal controls.
We will fully or partially manage the payroll processing and payroll tax filling or make the necessary entries to record payroll if processed by a third party provider. Accurately, secure and always available from any internet enabled computer.