Bookkeeping Services

We useQuickBooks accounting software for all our clients and based on your preference the version of QuickBooks can be either online or standard version.

If you start a new business we will set up your bookkeeping system within a day, so that you are completely operational and ready to work. We will train your in-house bookkeeper (if you have one) to navigate through the program, or if you don't have one we will maintain your books and records in the following manner:
  • Organize your filing system;
  • Perform Accounts Receivable and Account Payable functions;
  • Reconcile bank accounts and credit card accounts;
  • Fixed asset set up and depreciation;
  • Assistance with payroll and independent contractors;
  • Maintenance of loan accounts;
  • Preparing owners expense reports (including auto mileage and home office reimbursement, if applicable);
  • Assistance  with Workers Compensation, Disability Insurance audits, etc...

As business owner you will receive the following key reports that will help you to know where your business stands based on the frequency you choose (weekly, monthly, quarterly):
  • Income Statement;
  • Balance Sheet;
  • Statement of Cash Flows;
  • Budget vs Actual results (if there is a budget set up)
  • Outstanding Accounts receivables and Account Payables
    and more...

Total Account Ability LLC
Calculator used for our accounting services in Greenwood Lake, NY