The following services are available from 518 Bookkeeping:

• Weekly and monthly monitoring of all bank accounts, credit card accounts, note and loans payable
• Review financial statements looking for suggested ways to improve profit with focus on expense analysis as compared to sales with suggestions to improve overall efficiency
• Monitor Balance Sheet and Profit & Loss statements and provide final statements at the end of each month
• Print or email reports for client review
• Accounts Payable processing as needed
• Accounts Receivable analysis with recommendations in identifying delinquent accounts
• Communicate weekly via email and/or phone conversation with at least one meeting in person per month
• Provide Cost of Sales and Inventory analysis if applicable
• Teach any techniques to staff required to avoid mistakes and/or improve efficiency.
• At year end, prepare books and coordinate with your tax preparerInformation needed from client for 518 Bookkeeping:

• Provide bank statements timely each month, or, access to banking and credit card information for purposes of printing monthly statements
• Paper files such as POS receipts, Accounts Payable and Accounts Receivable support.