Services
Accounts Payable
Process invoices from vendors, obtain approval from Owner/Treasurer, write checks and submit to Owner/Treasurer. Checks will be processed by and agreed upon schedule from the Owner/Treasurer. As an internal control, no one from Local Ledgers will be authorized to approve and invoices or sign any checks.
Year End Notes for CPA (Taxes)
We will prepare Notes to Financial Statements for your CPA. This will include all of the necessary detail your CPA will need in order to file your taxes. We will also work directly with your CPA on any questions they might have.
Budget Preparation
Prepare and present a proposed budget annually for the Owner/Treasurer.
Financial Statements
Complete monthly reconciliations for all Bank accounts. Prepare timely and accurate monthly closing entries for Financial statements. Financial Statements will be customized to your needs/requests but will include at a minimum; Balance Sheet, Profit and Loss Statement, Accounts Receivable Aging Summary, and Accounts Payable Aging Summary.
Payroll
Process payroll as per your schedule. We can process via direct deposit, checks, or pay stubs. Payroll taxes will be paid per schedule and process all payroll tax forms.
1099’s
Process and mail Form 1099’s to each vendor as required by the IRS.
Specialty Services
If your’e looking for a specialized accounting solution for your growing and changing business, give us a call. We can discuss and customize your growing needs.