Our Services
At 51st Business Solutions, we know that business owners have more important things to do than bookkeeping. So, we not only offer affordable, experienced and dependable bookkeeping, but also daily money management services for all manner of small businesses.
Monthly Bookkeeping Services
Standard
starting from-
Perfect for micro to small businesses looking for basic services
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Web-based bookkeeping
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Financial reporting package
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Training
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Support & communication
Professional
starting from-
Perfect for small to medium size businesses with budgeting analysis
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Web-based bookkeeping
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Financial reporting package
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Training
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Support & Communication
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Budgeting
Premium
starting from-
Perfect for larger businesses with a need for custom reporting and occasional accounting data research projects
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Web-based bookkeeping
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Financial reporting package
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Training
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Support & Communication
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Budgeting
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Special projects
Accounting and Finance
Initial Set Up and Historical Clean Up
We will set your practice up in Quickbooks Online which includes importing your information from Quickbooks desktop or other system you are using. Any previous transactions not recorded or reconciled will be completed.
Maintenance of General Ledger
Daily activity is recorded, organized with a customized Chart of Accounts.
Adjusting Journal Entries
Posting Adjusting Journal Entries and working with your CPA at year-end to match the books with their changes.
Account Payable
Bill pay service.
Loan and Taxation Management
Loan Amortization
Loans will be recorded and verified. The amortization schedule will be set to correctly reflect principle and interest expenses paid.
Fixed and Non Current Assets
All Fixed and Intangible Assets will be recorded and updated. Depreciation and amortization determined by the schedule of your CPA.
Tax Preparation
Preparation of Annual Income Statement. Making sure your books are done and done accurately, is key to tax season success.
Bookkeeping and Records
Bank & Credit Card Reconciliations
Transactions on the books are matched to the bank statements and outstanding checks reviewed. Credit Card activities are entered and reconciled. Balances managed regularly.
Inventory Management
Monitor and record the flow of goods from manufacturers to warehouses to point of sale.
Monthly Reports
Monthly conference to review financial statements - Balance Sheet, P&L and Statement of Cash Flow.
Benchmarking and Budgeting
Profitability analyses and Coaching thru financial ratios.
Payroll Entries
Using payroll reports to record and properly expense employee earnings and taxes paid.
Do you have any questions?