Bookkeeping and Accounting

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Bookkeeping and Accounting

QuickBooks Accounting

We meet a lot of owners and their employees who want our professional assistance in setting up and operating their own do-it-yourself accounting software, which is generally QuickBooks. The advantage of QuickBooks and other accounting software programs is that most day-to-day bookkeeping operations are relatively easy to perform. Businesses need local control of cash flow, check writing, and daily money management tasks.
We offer a free initial consultation for business owners.
Because QuickBooks Online® was designed for businesspeople and not bookkeepers, you don’t have to be an accounting expert to use it. However, some of its features are more complicated than others.

Setting up QuickBooks

If you haven’t yet set up your accounting software program, we highly recommend you call us first so we can guide you through the critical decisions during set up. The manuals say it’s easy, and it is, IF you are an accountant. For the small business owner, it is also very easy to make mistakes when starting out with QuickBooks and its time consuming to correct them down the road.

Ongoing QuickBooks Support

As a QuickBooks Professional, we can save your business time, prevent a lot of headaches, and help correct accounting errors. We will continue to advise, support, and guide you or your staff at critical stages throughout the year. With our guidance, you will learn basic accounting concepts which will help you better monitor the financial condition of your business.

Bookkeeping and accounting are essential processes that work together to manage a company’s financial health. Bookkeeping involves the accurate recording of daily financial transactions, forming the foundation for accounting. Accounting, on the other hand, interprets, analyzes, and summarizes this data to create meaningful financial reports and ensure informed decision-making. Together, these functions provide critical insights into the financial performance and stability of a business.

Bookkeeping records daily transactions.
Accounting analyses financial data.
Bookkeeping ensures accurate records.
Accounting creates financial reports.
Bookkeeping tracks cash flow.
Accounting ensures tax compliance.

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Financial planning and analysis.

At Mitchell Financial Accounting Business, our Financial Planning and Analysis (FP&A) services provide businesses with the insights and strategic guidance needed to make informed decisions and drive growth. Our FP&A services are designed to help you understand your current financial position, forecast future performance, and optimize your financial strategies.

Budgeting and Forecasting
Financial Reporting and Analysis
Financial Strategy Development
Profitability Analysis
Cash Flow Management
Risk Management and Financial Control

Bookkeeping and Accounting

Recent Service