Management of Accounts Receivables and Accounts Payable
The timely collection of accounts receivable is vital to the cash flow of any business. QBS can create customer invoices, monthly customer statements and monitor the aging of accounts receivable. Customer Reports are available in a detailed or summary format to show which accounts are outstanding at any given time.
Nobody enjoys the job of paying bills. QBS can take charge of this chore by recording and posting your bills and creating the checks for payment. Your bills will be paid timely and recorded properly.
Transaction Recording and Monthly Bank Reconciliation
Recording each business transaction accurately is necessary for a complete financial picture of your business, as well as necessary for preparing your tax return. QBS can record your transactions to the proper accounts and reconcile them monthly to your bank statement. Reconciliation of your book balance to the bank balance ensures that your records are current, verifies your cash balance, and shows any discrepancies that need to be reviewed.
QBS can generate monthly or quarterly financial reports, or additional reports depending on your company’s situation. Reports can also be prepared that will compare current results to prior periods.
Quickbooks Setup, Training & Consulting
QuickBooks is a versatile program that many small businesses use to maintain their financial records. As a Certified QuickBooks Proadvisor, QBS can provide QuickBooks support that include set up, clean up, training and consulting.