Matthews, NC CPA / Toler, Bly & Associates, CPA, PLLC

As a small business owner you have more important things to do than to keep your own books. We can take care of your books for you, so you can get back to the job of running your business and generating profits!

Each month or quarter we can do the following things for you...

Reconcile your bank account
Compile an income statement
Compile a balance sheet

These tasks form the solid foundation of your small business accounting system. You can customize the package of services you receive by adding tax planning, tax preparation, or any of our other services.

Bank Reconciliation

Reconciling your business checking account each month allows you to keep your bank account, accounting, and taxes up-to-date.

Having us reconcile your account each month allows you to...

Know how your business is doing? You can't really know unless all accounts are reconciled and properly accounted for on your financial statement.
Manage your cash more effectively. Proper management of funds not only saves money, it makes money for you.

Sleep Better. You will sleep more peacefully at night knowing your bank accounts are reconciled, in balance and that all escrow funds, accounts, checks and disbursed funds are properly accounted for.

Income Statement

An income statement, otherwise known as a profit and loss statement, provides an itemized list of all your revenues and expenses.

An income statement allows you to...

Track revenues and expenses so that you can determine the operating performance of your business.
Determine what areas of your business are over-budget or under-budget.
Identify specific items that are causing unexpected expenditures.

Balance Sheet

A balance sheet gives you a snapshot of your business' financial condition at a specific moment in time.

A balance sheet helps you...

Quickly get a handle on the financial strength and capabilities of your business.
Identify and analyze trends, particularly in the area of receivables and payables.
Determine if your business is in a position to expand.
Determine if your business can easily handle the normal financial ebbs and flows of revenues and expenses.
Determine if you need to take immediate steps to bolster cash reserves.

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 you.

If you'd like a Consultation on our Small Business Accounting Service, please complete this form.