| Over 40% of America's largest businesses | | | | reporting and analyzing financial data. |
| improve their profitability using outside service | | | | Accounting Services: |
| providers for their bookkeeping and financial | | | | Business owners regularly need an accurate |
| functions. Due to technological advances, this | | | | financial picture to understand how to better |
| same alternative is now available to small | | | | manage a business. Financial statements provide |
| businesses. Firms using the Analytix solution are | | | | owners with crucial information such as the |
| discovering that moving part or all of their | | | | business's liabilities, assets, equity and profitability |
| bookkeeping and accounting functions to | | | | over a given period. |
| professional outside providers saves costs while | | | | Tax Planning and Financial Analysis: |
| freeing up valuable management time. | | | | All businesses are required by law to file with both |
| Business owners need to maintain accurate | | | | state and federal government. These mandated |
| financial records to properly manage their | | | | filings range from tax estimates, individual and |
| business, while also conforming to government | | | | business tax returns, to quarterly or monthly |
| regulations requiring mandated filings, such as | | | | state sales tax filings. Further, government |
| federal income and state sales taxes. In general, | | | | regulations require that copies be kept of all |
| businesses need three types of services during | | | | financial records needed in the filing for up to |
| the year which our professionals provide: | | | | seven years. Without good record-maintaining, |
| Bookkeeping Services: | | | | businesses can leave themselves exposed to |
| Bookkeeping is the recording of a business's | | | | fines and penalties during an audit by the |
| financial transactions. It is the first step of the | | | | appropriate state or federal authorities. |
| accounting process, which also includes classifying, | | | | |