Bookkeeping and Payroll

Many business owners DO NOT utilize bookkeeping as a business tool. The majority of businesses use bookkeeping solely to track data after the year is already over.

“What Gets Measured Gets Managed”. Our bookkeeping routines allow us to review recent financial data and make informed decisions on cash-flow projections and potential areas for expense reduction . . .  help you successfully manage your business:

Make Good Decisions: Correctly categorize income and expenses. Review the monthly numbers and make informed business decisions.  Accurate bookkeeping routines will allow you to measure the inflow (sales) and the outflow (expenses) of your funds.

Resolve Potential Audit Issues by maintaining accurate records on a routine basis. You’ll have the support you need in the event that you’re audited by the IRS. In case of an audit, accurate records could help save you money, significant money and fines and penalties.

Reduce your Income Taxes. Having accurate records not only create tax savings but can also save time and energy at year end. Take a look at how you can benefit. Today is the day to make some changes and formalize your bookkeeping activities

Timely, efficient bookkeeping services are available for businesses of all sizes. Computerized accounts are prepared, saved and presented for client review on a quarterly, monthly, and/or annual basis. Budgeting and forecasting support are also available. We support all major accounting programs including Quickbooks and Quickbooks Online.

Contact Monahan Tax & Accounting for more details and to see how we can put you on the road to better record-keeping and putting you back in control of your company finances.