ACCOUNTING

 

TaxBuddie offers full Bookkeeping Services to maintain accurate, organized finances, including accounts payable/receivable management, bank reconciliations, and expense tracking. We provide Financial Reporting with custom statements, budgeting, and forecasting.

Our Accounting System Setup integrates smoothly with QuickBooks, Xero, and more, while General Ledger Management handles daily transactions, entries, and reconciliations. Cash Flow Management includes forecasting and vendor payments.

For tax season, we offer Year-End Preparation and Audit Support. We also manage Payroll Accounting integration and reporting.

With Budgeting & Strategy and Business Growth Consulting, TaxBuddie helps optimize performance, cost control, and profit, ensuring financial stability and growth for clients.

1. Bookkeeping

  • Full-cycle bookkeeping services
  • Accounts payable and receivable management
  • Bank and credit card reconciliation
  • Expense tracking and categorization

     

2. Financial Reporting

  • Monthly, quarterly, and annual financial statements (P&L, Balance Sheet)
  • Custom financial reports (cash flow statements, AR/AP aging reports)
  • Budgeting and forecasting

3. Accounting System Setup

  • Setup of QuickBooks, Xero, or other accounting software
  • Cloud-based accounting integration
  • Chart of accounts creation and management
     

4. Audit Support

  • Preparing books for IRS or third-party audits
  • Internal financial reviews and compliance checks
  • Audit documentation preparation
     

5. Payroll Accounting

  • Integration with payroll systems
  • Payroll-related tax calculations
  • Reporting and journal entries for payroll expenses

6. Budgeting and Financial Strategy

  • Long-term financial planning
  • Variance analysis (budget vs. actual)
  • Profitability analysis and strategic advisory