What Kinds of Accounting Services Do Small Businesses Need?

Your small business in Charlotte, North Carolina might have fewer and less complicated accounting needs than, say, a Fortune 500 company, but that doesn’t mean you don’t need some professional assistance. With accounting services, you can stay informed about your business’s finances, manage your money better, and make strategic plans to achieve your financial goals in the future.

You may be wondering what kinds of accounting services small businesses really need. Here are a few to consider:

• Bookkeeping- Even with user-friendly software that has helped to simplify bookkeeping, it can be confusing if you have never done it before, not to mention time consuming. If you’d rather leave it to someone else to record daily transactions, prepare and send invoices, and handle similar financial tasks, this is one of the most valuable accounting services you can get.
• Financial Statement Preparation- From income statements to balance sheets, there are a lot of documents to get in order if you want to have a clear idea of your company’s financial health. And having an idea of where your finances stand is critical for small businesses since financial problems could creep up on you and make it difficult just to keep your head above water.
• Tax Accounting- Accounting services are especially helpful when tax season approaches because an accountant knows how to advise you on various taxation matters and prepare your tax returns properly.

If your small business needs accounting services, contact us at JAYA Financial to find out how we can help.