Peachtree Accounting Services

As a small business owner you have more important things to do than to keep your own books. We take care of your books for you, so you can get back to the job of running your business and generating profits!

• Reconcile your bank account

• Generate an unclassified trial balance report

• clean up your general ledger

These tasks form the solid foundation of your small business accounting system, generating the accurate and timely information necessary to ensure prudent business planning and efficient tax preparation.

 
Bank Reconciliation

Reconciling your business checking account each month allow us to keep your bank account, accounting, and taxes up-to-date.

Having us reconcile your account each month allows you to...

• Identify lost checks, lost deposits and unauthorized wire transactions.
   
• Detect and prevent excess/unjustified bank charges and ensures transactions are posted correctly by your bank.
   
• Detect and prevent embezzlement of funds from within your company.
   
• Know how your business is doing? You can't really know unless all accounts are reconciled and properly accounted for on your financial statement.
   
• Manage your cash more effectively. Proper management of funds not only saves money, it makes money for you.
   
• Protect yourself. By timely reconciling and promptly objecting to your bank about any unauthorized, fraudulent or forged checks presented to your bank and paid by that bank, you can relieve your agency of responsibility for the shortfall and transfer the risk to the bank. This reason to reconcile alone should be enough. Crime exists.
   
• Sleep Better. You will sleep more peacefully at night knowing your bank accounts are reconciled, in balance and that all escrow funds, accounts, checks and disbursed funds are properly accounted for.

Unclassified Trial Balance Report

An unclassified trial balance serves as both an income statement and a balance sheet. It lists the income statement and balance sheet accounts, in order (though not in financial statement format) with the reconciled balances for each account. These balances can be used to compute net income or loss as well as net worth.

Our bookkeeping services are structured to produce accurate and complete business numbers for the purpose of preparing your individual or corporate income tax return. Since we do not provide financial statements, we are able to keep your bookkeeping costs lower than those associated with monthly compilations and reports.

 
Maintaining a Clean General Ledger

The general ledger is the core of your company's financial records. These records constitute the central "books" of your system. Since every transaction flows through the general ledger, a problem with your general ledger throws off all your books.

Having us review your general ledger system each month allows us to hunt down any discrepancies such as double billings or any unrecorded payments. Then we'll fix the discrepancies so your books are always accurate and kept in tip top shape.

If you'd like to receive more information about our Peachtree Accounting Services, please complete this form.