 Scary Looks from Your Books?
How's your record keeping?
October is a great time to review your business record keeping in preparation for 2011 tax returns.
Accurate record keeping helps: * Measure your business growth
* Prepare financial statements * Identify receipts * Keep track of deductibles * Prepare tax returns A great way to organize business transactions is with a system that records your income and expenses. An hour or so each week with an easy-to-use software package like QuickBooks can help keep you organized and eliminate last minute rushing to compile income statements and balance sheets at tax time. Record your expenses as soon as you pay or incur them. Procrastinating makes record keeping more challenging and you may miss tax write-offs. Record your deposits correctly. Business owners make a variety of deposits throughout the year, including income, loans and cash infusions from their personal savings. Make sure you are not erroneously recording some deposits as income. Have you heard about QuickBooks? QuickBooks software helps you create  invoices, pay bills, track expenses and generate financial reports to monitor business' growth and make sure reports are ready at tax time.QuickBooks can help you save time and stay organized.
 Have you thought about using QuickBooks at your business?
Need some help with training and account set-up?
Do you already have QuickBooks and want to make sure you are using 100% of the software capabilities?
Sandy Fallow, our Accounting Services Manager can help! Sandy, a Certified QuickBooks Pro Advisor works with our small business and nonprofit clients helping them with QuickBooks accounting system set-up and training. Call us at 508.871-7178 and ask for Sandy if you'd like to learn more about about using QuickBooks to improve your business or email contact@smithsullivancpa.com.
........................................................................................................................................................................... What our fans are saying...  "Smith, Sullivan & Company is accessible, attentive, proactive and reliable. They can strategize equaling well with management as they can talk with an inexperienced bookkeeper through the process of untangling debts and credits which have landed in unusual places. We would not want to operate the company without their assistance. Every conversation with them is a mini-course in an aspect of financial management or tax planning. Furthermore, they defy all the common stereotypes of the Certified Public Accountant. The staff at Smith, Sullivan & Company are both personable and fun, as well as bright and insightful."
-Patricia J. Annett, Controller, Greater Boston Properties
www.gbproperties.com ........................................................................................................................................................................... 
At Smith, Sullivan & Company, PC, our dedicated professionals listen to your auditing and accounting, tax preparation, and small business questions. We provide personalized solutions to you and your family, your business or nonprofit, all at a reasonable price. Our accounting team has extensive experience. We understand your frustration when you tell us that you've paid top dollar for accounting services - only to learn that there's a junior-level person working on your engagement. Or, that it's mid-March and your accountant isn't returning emails or phone calls because your files have been put on the back burner so that they can focus on the tax return crunch. At Smith, Sullivan & Company, PC we only send senior-level accountants into the field and they remain accessible to you throughout the year. A dedicated team is assigned year-round specifically to our nonprofit clients, so that deadlines are met on time and your questions are never ignored. Established in 1993, Smith, Sullivan & Company, PC is for you if you value communication, one-on-one attention, and "hands-on" expertise from experienced senior-level accountants. Whether you have a project to bid on now, or in the near future, contact us to schedule an introductory meeting, we'd love to meet you! Questions? Call us at 508.871.7178 or email: contact@smithsullivancpa.com or go to: www.smithsullivancpa.com to take a look at our complete range of services and to learn about other clients who have trusted Smith, Sullivan & Company, PC with their accounting, auditing and tax preparation. The information contained in this electronic message and any attachments to this message are intended for the exclusive use of the addressee and may contain confidential or privileged information. If you are not the intended recipient, be aware that any disclosure, copying, distribution, dissemination or use of the contents of this message is prohibited. If you have received this message in error, please notify the sender immediately and destroy all copies of this message. To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. tax advice contained in this communication and any attachments is not intended or written to be used, and cannot be used, for the purpose of avoiding penalties under the Internal Revenue Code or promoting, marketing or recommending to another party any transaction or matter addressed herein. |
