Why your company needs bookkeeping

Bookkeeping is a crucial aspect of your business's success. Your bottom line on your financial statements is what drives many business decisions such as tax planning, budgeting, forecasting, marketing, owner draws, etc. A successful business owner absolutely needs access to current accurate financial data to make informed business decisions.

How we can help your business

Affinity Accounting & Tax specializes in bookkeeping and tax services for small business and start-ups. We help you understand what the data means and how you can utilize it to maximize the growth of your company. We also help keep your business compliant with both federal and state tax laws and regulations.

How much it will cost you

Our affordable bookkeeping packages are tailored to fit the needs of even the smallest start-ups and are based on the specific needs of your business. If you don't hire professionals, you take the risk of missing out on multiple tax saving deductions which cost you more in the long run. Plus, accounting fees are 100% tax deductible.

Now Offering Accounts Receivable & Accounts Payable Services

The cost of a full-time accounting clerk can be a financial burden for your small business. Especially when you factor in health benefits, required paid time off, supplies and payroll taxes. Outsourcing these functions to an accounting firm who specializes in these services will not only provide you with cost savings, but also with peace of mind.

Outsourcing your Accounts Payable and Accounts Receivable is a powerful move for any business who wants to boost savings, amplify their cash flow and build stronger relationships with customers and vendors.

Accounts Payable

Managing your bills can be a headache and very stressful when you have an entire business to run. As your Accounts Payable Specialist, we can increase the speed of invoice processing, improve accuracy, efficiency, all while improving your bottom line.

Managed Accounts Payable Services include:

• Receipt of invoice from the Vendor 
• Expediting approvals in the account payable process 
• Tracking aging of invoices in accounts payable 
• Helping resolve billing issues in accounts payable 
• Avoiding duplicate payments in accounts payable 
• On-time vendor payments in account payable 
• Enter invoices into accounting system
• Communicate with vendors
• Management reporting to track bills and control cost
  

Accounts Receivable

One of the most important functions in a business is being able to collect payment on time from your customers. As your Accounts Receivable Specialist, we will ensure your invoices are paid and deposited in a timely manner. Hiring an accounting firm ensures efficiency and accurate data.

Managed Accounts Receivable Services include:

• Cost savings provided by firm
• Expertise in collecting from customers
• Improves cash flow with better tracking and collections
• Improved accuracy of account receivable transactions
• Invoice automation to improve efficiency
• Email and customer data management
• Free up management/owner time
• Proper invoice coding and payment matching
• Management reporting to track highest selling services/products

What are the benefits of outsourced bookkeeping?

• Easy access to your current financials
• Accurate financial reporting
• Cash flow management
• Effective budgeting & forecasting
• Make better financial decisions
• Obtain quick financing
• Know the value of your business
• Easily calculate owner pay with accurate data
• Additional year-end tax savings can be found with clean books
• Accurate financial data means accurate tax planning
• Properly calculate estimated tax payments
• A network of accountants and tax professionals in your corner
• Peace of mind and time to focus on growing your business
• Stay compliant with local and federal tax laws and regulations

We could post more benefits, but know you are really busy.