Quickbooks

Quickbooks

Graham | Adams, partners with businesses in efficient financial management by serving as an expert in using QuickBooks as a shared platform. Here’s how QuickBooks becomes a powerful tool in helping businesses succeed:

Setting Up
Accounting Systems

  • Selecting the right software
  • Creating a chart of accounts tailored to your business
  • Implementing procedures for tracking income, expenses and cash flow

Business
Bookkeeping

  • Recording all transactions
  • Reconciling bank and credit card statements
  • Categorizing expenses for easy tracking

Preparing Business
Financial Statements

  • Income Statement (Profit and Loss): To show profitability over a period
  • Balance Sheet: To display assets, liabilities and equity
  • Cash Flow Statement: To track cash inflows and outflows

Tax Preparation
& Compliance

  • Filing federal, state and local taxes
  • Identifying deductions and credits to minimize tax liability
  • Ensuring compliance with ever-changing tax laws and deadlines

Business Budgeting
& Forecasting

  • Managing resources effectively
  • Planning for growth or potential challenges
  • Making informed decisions based on realistic projections

Business
Payroll Services

  • We manage payroll processes, ensuring timely and accurate payments, proper tax withholdings and compliance with labor laws.

Business Advisory
Services

  • Cash flow management
  • Financing and loan applications
  • Business expansion or restructuring
  • Strategic decisions like pricing, hiring or investment

Business
Tax Planning

  • Planning for future tax obligations
  • Advising on entity structure (e.g., LLC, S-Corp) for tax efficiency
  • Evaluating eligibility for tax credits and deductions

By taking on these responsibilities, Graham | Adams frees up small business owners to focus on running and growing your business while ensuring your financial health is in expert hands.

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