Small Business Accounting
At Rosario & Associates we help our small business owners focus on running their business and generating profits while we take care of their books.
We are equipped with resources to handle the following tasks for you on a weekly, monthly or quarterly basis:
Bank account reconciliations- Income statement preparation
- Balance sheet preparation
- Billing
- Account Receivable collections
- Accounts Payable
- Budget preparation
- Cash flow management
- Credit card reconciliation
We will help you understand your numbers and your cash position so you can make better business decisions that will make your business grow in a profitable way
Financial Statement Preparation Services
Balance sheets and 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. Your Income statement and Balance sheet contain critical information that will help you make the business decisions that you need to make in order to grow and fulfill your business goals. At Rosario and Associates we will assist you with the preparation of these statements but more importantly we will help you understand them!
Gain an understanding of the areas of your business that are generating profits and their related margins as well as identify opportunities for improved profitability- Compare your actual performance to your established budget
- Identify specific items that are causing unexpected expenditures that might need closer controls or increased management
Balance Sheet Preparation - Your Balance sheet will provide a detail of your assets and liabilities it will assist you:
Assess the financial strength and capabilities of your business.
- Keep track of account receivables and payables
- Determine what your cash situation is
Bank Account Reconciliation Services
By having your bank account reconciled on a monthly basis you will be able to:
- Know what your business’s cash situation is and manage your cash more effectively
- 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
- Protect yourself by promptly alerting your bank about any unauthorized, fraudulent activity
Payroll Services
The payroll function is critical to your business and one that can be very time consuming.
We offer payroll processing solutions that meet your specific needs and ensure compliance with IRS and state laws
Outsourcing your payroll will provide the following benefits:
- Cost Effectiveness
- Time Savings
- Compliance
- Comprehensive Reports
