Level III - Accounting
An accounting team to help you focus on the business
Fees: $7,500.00 Per Month

As your revenue is now over $2,000,000, we recommend that you are at least registered as an S-Corp for ease of doing business as you and the team scale up and we would advise that you consider the business becoming C-Corp.

Running a business with revenues of over $2,000,000 will require services at the minimum that provide the following

• ​​Income Statement tracking your revenues, cost of goods, expenses and net income (profits). This must be tracked at least monthly, recommended weekly to review business performance and prepare for tax season.​

For your Business we will schedule a monthly financial reporting meeting and a quarterly review of company performance.​

There will be capitalization and depreciation recorded and increased entries between the Balance Sheet as assets are depreciated and pre-payments are recorded as short-term assets to the balance sheet.

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•  Balance Sheet helps track ASSETS (Bank Accounts, Materials, Equipment), LIABILITIES (credit cards, loans, bills payable) and EQUITY (Ownership in the company, Investment, returns and valuation)

At this stage, your assets may require long-term depreciation, separation of short term and long-term notes payable. Recording of equity distribution and complex balance sheet accounting for tax and business management.

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• Reporting of the business’ cash inflows, outflows, financing, investment activities. This is a good insight into how your company generates and uses cash resources. Important for making planning decisions.

Budgeting – We will advise and aid in your annual budgeting, cash flow projection to make sure you are prepared for the business year and can be able to index performance over budget.

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• ​Reporting of  KPIs for your business: we will aid in the creation of key performance indicators that help in business management and decision making for each of your business units and departments. Separation of revenue sources, tying revenue to labor and cost of goods sold per business unit.

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• Payroll

Outsourcing your weekly, bi-weekly, or monthly payroll saving you time from doing the payroll yourself, and money, if you have an in-house payroll person.

Human Resources

Advisory and Management Benefits, employee onboarding and offboarding.

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• We will be available for all accounting needs to accommodate your ease of doing business.

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