Bookkeeping Service: Accurate record keeping is a fundamental requirement of running a profitable business. With DFW Multi Services, LLC you can focus on running your business and have peace of mind knowing we’re handling your day-to-day bookkeeping. We become your external accounting department, offering complete relief from the never-ending flow of bookkeeping tasks. Rely on our skilled professionals for sales deposits, bank statements and credit card reconciliation, financial statements, payroll & sales tax preparation and reporting, and so much more. As your trusted partners, there is never any concern about the reliability of the data. Your worries are eliminated and you have choices in how we receive your paperwork. You can either simply email, mail or arrange for pickup of your financial. However, if you still prefer handling in another fashion, we will work personally with you in getting the information to us timely and organized. We take the guesswork out of your financial status with convenient online access to your information. A quick and accurate picture of your business activity is always just a few clicks away .
Accounting Service: Many business owners ask - What is the different between bookkeeping services and the accounting services our company provides? Bookkeeping is the number crunching part and making sure all the money that goes in and out of your business is recorded in the proper places and balances. The accounting part is taking all of that information and putting in a final format, which is listed below, in order to make wise and profitable business decisions through the course of the year. Both are equally important. If the numbers aren’t correct, you cannot make good business decisions and stay compliant with all the IRS reporting requirements and any audit challenges that may occur. Having a current, accurate financial picture on a timely basis can mean the different between success and an “out of business” sign posted on your door.
As part of our accounting services, we offer simplified monthly reports and statements to provide a quick and accurate picture of your business activity. Our reporting package includes:
Monthly Operating Statements: Present your monthly breakdown of sales, cost of sales and expenses; also called a Profit and Loss Statement.
Balance Sheet: Summarize your total business assets, liabilities and net worth at a given point in time so you can make decisions about capital expenditures or how to improve profits.
Bank Reconciliation: Careful comparison and proof of your bank account statement with your checkbook balance each month to ensure you are working with the correct total.
General Ledger Report: A record of the dates, check numbers, payees and amounts of all expenses within each of your business accounts. Whether you prepare your records by hand, or using one of the computerized accounting systems, this report will provide you with the assurance that your reports have been properly prepared.
Incorporation: Are you planning on starting a new business or Non Profit soon? We work with new businesses or Non Profit organizations to register their entities to be in compliance with States and Internal Revenue Service regulations such as the processing of 501(c)(3) applications.
Our team of skilled and knowledgeable professionals can also answer your questions about incorporating your organization. Please contact us if you have any queries.
Auditing Services: Having routine audits will help improve your business productivity and mitigate risks. Our audit professionals can provide an array of high-quality audit services to private and public entities. Our services include:
Internal Auditing Consulting
Other Services: Business Consulting, Payroll Service, Personal Finance (Budgeting)