Bookkeeping Services
Bookkeeping Services in North Georgia and Chattanooga, TN
Bookkeeping
Most people have been handling their money for years and may not realize that they could be doing it in a more efficient way. Miller and McPhail CPAs can help develop a new system to account for financial transactions, and define new policies and procedures.
On top of maintaining your general ledger, we’ll also help develop reports such as balance sheets, income statements, and totals by account. Having all of your finances in a row can save you a potential audit down the road, but even if you are audited, we can help there too.
Financial Statements
Having a proper financial statement is important to understand the ability of your business to generate cash, and the sources or uses of that cash. As certified professional accountants, Miller and McPhail can help deliver balance sheets, income statements, cash flow statements, and any other various cash activities that are required by the GAAP or IFRS.
It’s important to remember that if your financial statements are going to be delivered for public viewing, that they adhere to one of the above mentioned accounting frameworks. Anything that is issued to outside parties is subject to auditing, to verify their accuracy.
Fiscal Year Planning
Some of us have tried writing our own financial plans throughout the years, some of us for large corporations, and others for the family budget. It’s important to plan ahead for each fiscal year so that you’re able to continually measure success and adjust accordingly.
Our team of experts are ready to help review your current cash flow and determine where your money is going each month. We’ll take a look at current investments, asset allocations, 401k and IRA contributions, as well as FSA accounts and homeowners assurance.
On top of what you may already know regarding your finances, it’s also smart to plan for any life-changing events you may experience in the coming year. This could range from medical expenses, to children, or even unemployment. We look at everything.