Financial Business Services

Whether you are forging a new path with a brand new startup or well on your way and looking for financial support, AccountsFit has the right solution for your unique business needs. Call us today to schedule a one-on-one business consultation to get your AccountsFit.

Personal Finance Services

Every home is unique and we know that every individual is likewise unique. There is no master plan that manages every family financial interest. This is why we work with you to plan the wellness of your financial future.  Contact us today to get started.

Secure Document Transfer

As a customer, you have the piece of mind that we are doing everything we can to protect your financial interest. This portal protects your interest by providing a private and secure way to send us your documents.

Services we Provide

We take care of your books for you, so you can focus on running and growing your business and increasing your profits.

We have 30+ years of tax, accounting and finance experience including international.   We provide a unique advantage toward understanding your needs in accounting, treasury, finance, tax and operations.  Our clients include businesses from under $1 million in revenue and over $1 million in revenue with single and multiple entities, Sole Proprietors, Corporations, Partnerships, Sub S Corporation, LLC’s, and Individuals from all walks of life.

We provide tax planning and compliance, accounting, treasury, finance, and technology implementations to clients in all categories.

  • Retail
  • Hospitality
  • Professional Services
  • Medical
  • Collections Services
  • Energy
  • Restaurants, Clubs
  • Manufacturing
  • Financial Services
  • Construction
  • Individuals
  • Non-Profits
  • Agriculture
  • Technology
  • Charities
Financial Accounting for Business

Professional, Friendly and Experienced

Every business and individual is unique and deserves personalized, professional, and courteous service. We can help plan for all types of financial decisions. Our experienced staff will provide professional friendly service and our rates are competitive.

Please call us for your free initial consultation

Business Accounting Services

We offer the following services to provide you a solid foundation for your business accounting.  You may customize your package of services to suit your unique needs:

QuickBooks Online

Let us set up your business on QuickBooks the ideal way from the inception to facilitate accrual basis accounting, raising capital, filing tax returns, and ultimately to sell or exit your business when you retire.

On-Call CFO:

With 30+ years experience in the business, we can serve as your CFO on an as-needed basis.

Convert Cash Basis to Accrual Basis – Accrual basis financial statements are viewed as more competitive in the

marketplace enabling your business to raise financing more easily when needed, and you gain a real measure your business’ true performance.  We will come out to your business to examine all areas of your business including reconciling cash accounts, conducting a physical count of inventory, products/parts. We will record fixed assets for all machinery/equipment, and set up depreciation schedules for fixed assets, establish Accounts Receivable for those customers to whom you give payment terms beyond COD, and Accounts Payable for your vendors who give you extended terms.  We will set up an accrual for payroll and payroll taxes, review loan agreements and set up an amortization schedule for debt service,  set up prepaid assets for insurance policies and other prepaid expenses and an amortization schedule for Prepaid Assets.  We will create a Balance Sheet that contains all assets, liabilities, and owners equity for your business.

Tax planning and preparation – With our goal to minimize your taxes both today and in your future, we offer long-term planning for yourself and your business including tax planning and tax return preparation for all including Corporations, Partnerships, SubChapter S, LLC’s, Sole Proprietorships, and Individuals.

Succession Planning – When planning to retire, you may want to sell your business.  If so, accrual basis accounting makes your business more marketable.  We can advise you how best to prepare your business proactively for sale that will pave the way for you to command the highest price possible whenever you decide to retire.  To sell your business at a maximum price requires clean, accurate financial statements, with great transparency in all your business decisions.   Consider either running all payments to owners as payroll or clearly delineate dividends separately on the balance sheet.

Generate Balance Sheet and Income Statement – financial statements are useful to see how well your business is performing and provides a tool to provide to your bankers when you need financing.

Statement of Cashflows –  Having us provide a Statement of cashflows points out areas of opportunity where improvements can be made.

Reconcile your bank account and other balance sheet accounts.

Having us reconcile your bank accounts each month allows you to identify lost checks, lost deposits, and unauthorized wire transactions, detect and prevent excess/unjustified bank charges and ensures transactions are posted correctly by your bank.

Budgets and Variance Analysis.  Having a Budget with Variance Reporting and Year-End Forecast Reporting (Remaining Task) is a strong tool to help you achieve your goals.  Charlie H. expressed great gratitude to me for providing information so very instrumental in helping him to overachieve his goals for the year. Cash Forecasts Short Term and Long Term.  Having us build your cash forecast helps you plan to minimize short-term borrowings, and help you plan for future financing needs to grow your business to the next level.  Cash forecasts also provide instrumental information to help turn around a financially troubled company.

Cash Management & Security – AccountsFit provides treasury management services to allow our clients the ability to best optimize their cash flow.  This allows clients with tight cash flow the ability to fund payroll and to take advantage of early payment discount when available.  Positive Pay is the best prevention against fraudulent activity in your bank accounts.  Theft happens.   Efficient cash management ensures all your cash is always fully utilized daily and working for you and earning income daily.   I saved over $100,000 annually in bank fees with strong, effective cash management.

Key Performance Indicators – These are tools used to measure your business’s performance in all areas and help you identify opportunities for improvement and ultimately reach your financial goals.  They include DSO, DPO, Inventory turnover, gross margin %, % EBITDA to revenue, %net income to revenue, times interest earned, and others.

Budgets & Variance Analysis – Budgets are a great tool to help the company plan for growth and achieve your business goals.  Typically, budgets are prepared on an annual basis for the next fiscal year and a 5 year budget for longer-term planning.  Maintaining monthly Variance Reports is a  great tool to help you keep your business on target.

Bank Account Reconciliation:

Another great tool to identify fraudulent payments in your account is by reconciling all of your bank accounts.

Acquire Financing

We can assist you in seeking financing to grow your business by providing you certain financial reports your lenders may request.

Cash Forecasts Long Term and Short Term

Forecasts are an excellent tool used for planning funding payroll, funding anticipated large expenditures, or for use in managing a problem area in your business.  Larry L. used my cash forecasting to turn around and save a troubled business from failure.

Mergers & Acquisitions

If you seek to acquire another business to grow your own business, we can provide some financial analysis for your use in evaluating whether the new business will benefit your existing business.

Debt Compliance Reporting

We can assist you in providing your lenders the financial reports they require as a term of the financing agreement.

Hourly CPA Services at Rates You Can Afford

Time is money and we intend on not wasting either. Our mission is to help you with financial service needs and manage every dollar spent, earned, and invested. We believe that you are investing in us and we plan to make that an investment that generates income.


Next Steps...

The next step is simple, we talk. To provide a solution we need to know what you are looking for. An AccountsFit representative will meet with you one-on-one for a free evaluation. From there, the plan for a fit financial future can be made.