Bookkeeping Service:
Sales and Accounts Receivable
  • Record sales invoices
  • Email/mail customer invoices and statements
  • Record customer payments
  • Weekly/monthly/quarterly Accounts Receivable Aging report
  • Create collections process
  • Reconcile customer account

Expenses and Accounts Payable
  • Record vendor invoices
  • Reconcile vendor statements
  • Record Debit Card, Credit Card & EFT Payment
  • Setup Online bill payments
  • Weekly/monthly/quarterly Accounts Payable Aging report
  • Prepare credit card reconciliation
  • Maintain vendor W-9 information

Banking Activities
  • Prepare bank account reconciliation
  • Record cash receipts and expenses
  • Record petty cash activities
  • Record transactions between banks

Accounting Service:
General Ledger Review and Maintaining Accounting Schedule
  • On the monthly basis, review general ledger system and investigate any discrepancies
  • Make necessary adjustments
  • Prepare and update Fixed Assets schedule
  • Prepare and update Loan and capital lease amortization schedule
  • Prepare and update prepaid expense schedule

Financial Report and Data Analytical review
  • Balance sheet
  • Profit and loss statement - Month
  • Profit and loss statement - Year to date
  • Statement of cash flow
  • Custom QB reports and analysis report

Additional Services:
  • Monthly or quarterly telephone consultation to review financial data
  • Budgeting
  • Forecast cash flow
  • Other accounting matters
Bookkeeping and Accounting
Copyright © Prominent CPAs & Associates, LLC.  All rights reserved         Privacy Policy        
                   
Chicago Downtown office:
180 N. Stetson Ave,
Suite 3500
Chicago, IL 60601

Naperville Office:
1220 E. Iroquois Ave,
Suite 201
Naperville, IL 60563

Ph: (312) 450-2347       
Fax: (312) 253-4443
info@prominentcpa.com
Prominent CPAs and Associates, LLC.
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