Downing Street Financial, Inc.

My favored software for bookkeeping is Quickbooks (QB), and we abide by QB's recommended checklist of responsibilities on a weekly, monthly, quarterly, and yearly basis. Each week, we will document your transactions, store invoices and receipts in QB, examine bills to be paid, judiciously pay vendors, and issue invoices with payment terms to customers. Monthly, we will reconcile your accounts, assess aging reports for accounts receivable, investigate inventory levels (if relevant), process payroll tax payments, and contrast current financial statements with previous periods and your budget. Every quarter, we will estimate and remit payroll and sales tax payments. By the end of the fiscal year, we will prepare your books for tax submissions, review aging reports for accounts receivable once more, revisit inventory, deliver W-2's to employees and 1099's to contractors, scrutinize your financial statements line by line, and equip you with the tools needed to generate a rational budget for the future. We are well-versed in all of the tools that QB provides and we will take the time to demonstrate how to make your business operate more efficiently.