A good accounting firm helps you understand the past and anticipate the future.
Imagine what a great accounting firm like Moore Business Solutions can do for your business.
- Keep your books up-to-date and accurate
- Understand your cash flow instead of bouncing checks
- Get the facts you need to make good decisions
- Finally be able to read financial reports that make sense
Give Moore Business Solutions your "numbers."
They'll give you back facts you can understand.
We offer customized monthly financial reports and statements to provide a quick and accurate picture of your business activity. We tailor our reports to you needs, not ours. You choose which reports you want and what features they provide. We can print them, fax them or email them, but only the ones you want and need. Here are some examples:
Monthly Operating Statements
Profit and Loss statements that provide you with a breakdown of sales, costs of sales and expenses. The Profit and Loss (P&L) Statement is sometimes called the Income Statement. It shows how well a company buys and sells inventory (or services) to make a profit. A firm must create a profit in order to survive and remain solvent. Careful analysis of the components of a P&L is important in determining the cash flow available to repay existing debt, finance additional debt (for business expansion), or to reinvest in the company.
The balance summarizes your total business assets, liabilities and equity at a given point in time. Use this report to make decisions about capital expenditures or how to improve profits. A balance sheet helps a small business owner quickly get a handle on the financial strength and capabilities of the business. Balance sheets, along with income statements, are the most basic elements in providing financial reporting to potential lenders such as banks, investors, and vendors who are considering how much credit to grant the firm.
Careful comparisons and proof that your checking account is in balance and you know how much money is in your account. Analysis to determine if the bank account balance according to the accounting records corresponds to the balance reported by the bank; the two balances seldom agree exactly, so the reconciliation lists reasons for any disagreement (fees charges or interest earned, deposits in transit or checks not cashed); important internal control procedure.
General Ledger Report
A record of the dates, check numbers, payees and amounts of all expenses within each of your business accounts. The general ledger is the core of your company’s financial records. These constitute the central “books” of your system, and every transaction flows through the general ledger. These records remain as a permanent track of the history of all financial transactions since day one of the life of your company.
Help Understanding the Reports
Last and most importantly, we can help you understand what your reports mean and how they can help you in managing your business. We are always only a phone call away. Call Moore Business Solutions at 252-355-1099.
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Moore Business Solutions delivers State and Federal Tax Preparation, Payroll Services, QuickBooks Sales and Support, Accounting and Business Consulting Services in Greenville, NC. Call us at 252-355-1099