Wednesday, July 30, 2014

Accounting Services for Business

Proper accounting is the most important part of any business. If you are not keeping track of your finances not only are you in danger of getting audited by taxing authorities, but also you will not be able to run your business properly. Proper financial reporting will let you know where you are overspending, what you should budget for and how your business is doing on the daily bases.
We provide accounting services in Jacksonville Florida area and also bookkeeping services, payroll services and QuickBooks Help and consulting and internal audit services Jacksonville, Fl
If you need any help in setting up your accounting system or are ready for the next level of growth and are hiring employees, give us a call.
www.bookkeepingandaccountinginc.com

Monday, July 28, 2014

How many times have did you hear about the company bookkeeper or controller taking advantage of the position and stealing assets from the company or simply reducing his/hers deductions for insurances and making the company pick up the tab.
This happens all the time and can happen to any business or even non profit organization. Proper accounting checks and balances can prevent this, also having some internal controls in place can make it difficult for anyone to take advantage of the company with out being found out in the short period of time.
We provide internal audit services in Jacksonville Fl. and unfortunately have seen this many times.
The most important thing that you can do for your business is separation of duties. Same person should not produce the checks and sign the checks. Payroll summary reports should be reviewed by the supervisor before they are send out for direct deposit. All bills and reimbursement's should be approved prior to the disbarments and detailed financial reports should be reviewed
If you would like more information or help with putting safeguards in place, please contact us.
www.bookkeepingandaccountinginc.com