HISTORIC ACCOUNTING GOLD PACKAGE
Communication & Meetings
Regularly scheduled phone & in person meetings
Accounting Setup & Strategy
Free 1 hr consultation: ● Review client needs and concerns ● Discuss service packages
Paid follow up visit to examine & create printed report on following: ● accounting software ● bookkeeping practices ● assessment of back work or cleanup work to be performed ● enrollment for package that best fits the client’s needs and goals. (50% of fee will be applied to package if enrollment for ongoing services is completed)
Ongoing consultations and guidance of client's financial responsibilities (not to be confused with training)
Perform back work or clean-up work (Amount of back work differs based on whether your business is new business (6mo or less) or an established business (7mo or more) additional transactions negotiated per client)
Historical Write –Up / Basic Processing
Post all manually written checks, ATM/debit transactions from bank statement
Post / download credit card activity from credit card statement & perform monthly reconciliation
Post cash receipts/deposits
Post payroll or payroll journal entry provided by your payroll provider (if applicable)
Prepare monthly reconciliation of bank statement for each cash account
Accounts Receivable
Not available in this package see Live Accounting Package for these services
Reports
Standard system reporting packages including: ● Profit & Loss ● Balance Sheet
Other Services
Regularly scheduled closing of the books - Quarterly
Calculation & recording of depreciation (per clients CPA) - Quarterly
Maintain Fixed Asset List & post fixed asset to correct GL account
1099 Service
Prepare annual 1099-MISC, 1096 and other forms required to be issued on behalf of client (January)
Send W-9’s for client & maintain electronic file of W-9’s received from vendors
Annual Tax Package, Compilation, Review, or Audit Preparation
Facilitate and prepare year end reports for client to forward to CPA for tax prep at year end
Prepare & forward to client's CPA annual tax package that meets CPA requirements and work with client's CPA to answer any questions about accounting reports and/or file not included in Gold package
Record final adjusting entries prepared by client's CPA into accounting file & perform final tie-out of account balances for year
Other Annual or End of Year Services
Workers Comp reports- Set up process for filing & file necessary forms not included in Gold pkg.
County Personal Property Tax Returns (for Equip etc) not included in Gold pkg.
Other reporting assistance specific to your business available upon request (additional fees may apply)
Payroll Add on: All payroll tasks and quarterlies includes Employee files: I-9's; W-4's
HR: Workplace Posting Compliance
Basic Accounting Software Setup and Training includes:
Install software and setup basic system for use
Chart of accounts
Review company preferences for things we want to use
Assist with template to set up items/ products/ services
Make sure fixed asset template is set up & specs on how to use it
Set up checking account auto feature if available
Set up credit cards auto fill in & define how to use it
The above services represent this package only and are not a complete list of our services.
Additional packages are available. We also offer custom packages.