Flexible Accounting Support for Small Businesses
Jeffrey D. Ressler, CPA & Associates provides accounting services for small and growing businesses in Boca Raton, throughout South Florida, and across the United States. Whether you need help with specific accounting functions or want to outsource most of your day-to-day accounting, our services can be structured around the needs of your business.
Our accounting services include bookkeeping, payroll, financial statement preparation, account reconciliation, accounts payable and receivable, sales tax reporting, and other ongoing accounting functions. We also help new businesses establish their accounting systems and financial processes from the start.
Some clients rely on us to manage much of their accounting, while others already have staff or systems in place and need support in selected areas. In either case, the goal is the same: maintain accurate financial records and provide useful financial information that helps you understand how your business is performing and make informed decisions.
A business’s accounting needs often change as the business grows. You may start by handling the books yourself, then reach a point where keeping records current, reconciling accounts, managing payroll, and preparing financial reports takes more time or accounting knowledge than you want to manage internally.
Jeffrey D. Ressler, CPA & Associates can provide support at different levels. Some businesses outsource ongoing accounting functions to our firm, while others use us to supplement the work already being handled by an owner, bookkeeper, or internal staff. Services can include everything from monthly reconciliations and financial reporting to bookkeeping, payroll, accounts payable and receivable, and broader accounting support.
This flexible approach allows you to use the accounting services your business needs without building an in-house accounting department or paying for services you do not need. As your business changes, the level of support can change with it.
Our small business accounting services cover the day-to-day financial functions needed to keep records current, meet reporting requirements, and understand how the business is performing.
Accurate bookkeeping creates the financial record that everything else depends on. We provide ongoing bookkeeping services that can include recording and categorizing transactions, maintaining the general ledger, reconciling bank and credit card accounts, managing accounts payable and receivable, and preparing financial reports.
We can also help businesses whose books have fallen behind or whose current records need to be cleaned up. With transactions properly categorized and accounts reconciled, financial reports such as Profit and Loss Statements and Balance Sheets provide a more reliable picture of how the business is performing.
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Accounting decisions begin before a new business records its first transaction. Jeffrey D. Ressler, CPA & Associates helps business owners evaluate entity structures from a tax and accounting perspective and establish the financial systems needed to begin operating.
Depending on the business, this can include obtaining an EIN, making appropriate tax elections, registering for sales and use tax, setting up bookkeeping, and establishing payroll. Starting with the appropriate structure and accounting processes can help avoid having to correct them after the business is already operating.
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Businesses that prefer to maintain some or all of their bookkeeping internally still need an accounting system that is set up correctly. We can assist with QuickBooks setup, the Chart of Accounts, categorization of transactions, and bringing existing books up to date.
The objective is not simply to have accounting software in place, but to have records organized so that the reports produced by the system accurately reflect the financial activity of the business.
Payroll involves more than calculating employee pay. Our payroll services can include payroll processing, direct deposit or manual checks, electronic filing and payment of payroll taxes, preparation of W-2 and 1099 forms, and required quarterly and year-end payroll tax filings.
For businesses that also use our bookkeeping services, payroll information can be incorporated into the accounting records so that payroll expenses and liabilities are properly reflected in the books.
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Bookkeeping is the starting point for understanding the financial position of your business. When transactions are recorded correctly and accounts are regularly reconciled, the resulting financial statements can provide a clearer picture of revenue, expenses, profitability, assets, and liabilities.
That information becomes more useful when it is reviewed over time. Comparing financial results from month to month or year to year can help identify changes in expenses, cash flow, and profitability that may not be apparent from looking at a bank balance alone.
Jeffrey D. Ressler, CPA & Associates helps clients move beyond simply keeping the books current to understanding what their financial reports are showing them. Profit and Loss Statements, Balance Sheets, and other reports can provide information business owners can use when evaluating expenses, planning for growth, making purchasing decisions, or preparing for upcoming tax obligations.
The financial records maintained throughout the year become the foundation for tax preparation and tax planning. When transactions are properly categorized, accounts are reconciled, and financial statements are current, the information needed for tax work is already organized and easier to evaluate.
Because Jeffrey D. Ressler, CPA & Associates provides both accounting and tax services, the firm can look at a business’s financial activity in the context of its tax obligations. Current accounting records can help identify issues before tax filing, provide the information needed to estimate taxable income, and create opportunities to consider tax-planning decisions before the year is over.
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Jeffrey D. Ressler, CPA & Associates is structured to accommodate those differences. Businesses can use the accounting services they need rather than being limited to a predetermined package, and the level of support can change as the business grows or its accounting needs become more complex.
As a CPA firm that provides accounting, tax preparation, tax planning, and business formation services, the firm can also consider how those areas affect one another. A change in business structure, for example, can affect payroll and taxes. Accurate bookkeeping affects financial reporting and tax preparation. Decisions made during the year can affect what happens when it is time to file a tax return.
For business owners, that means accounting does not have to be treated as a collection of unrelated tasks. The books, payroll, business structure, financial reporting, and taxes are different parts of the same financial picture.
Many small businesses begin with the owner handling the books or assigning accounting tasks to an employee. That may work initially, but the accounting workload often increases as the business adds customers, employees, expenses, payroll, and other financial responsibilities.
Outsourcing some or all of the accounting function may make sense when:
Outsourcing is not an all-or-nothing decision. A business may outsource bookkeeping and payroll, use an accounting firm for monthly reconciliation and financial reporting, or turn over a broader portion of the accounting function. The appropriate level of support depends on what is already being handled internally and where additional accounting assistance is needed.
Your business may need ongoing bookkeeping and payroll, help with specific accounting functions, or broader support as your accounting needs become more complex. Jeffrey D. Ressler, CPA & Associates can help you determine which services make sense based on what you are currently handling and where additional support is needed.
