Greenwalt CPAs, Inc. (Barnes Dennig)的动态

I'm taking this weekend as a long one, so today is my Friday ?? What's on the agenda for today? ?? Client bookkeeping ?? CIS Returns ?? Preparing monthly accounts reports ?? Making sure that everything is in order for those covering my work That's the great thing about having a virtual finance department. You never have to worry about holiday cover. That's something we manage so that you're never without the function. Our clients have access to all levels of a finance department without having to foot the bill for a bookkeeper, management accountant and a finance director. If you're in the construction or trade industry in the UK and would like to explore the options a virtual finance department offers you, reach out. #Empowered #Financedepartment #constructionindustry

Four Common Accounting Mistakes Contractors Should Avoid ?? Contractors often face construction accounting errors due to busy schedules. Here are four common mistakes: 1) Lack of Organization: Small contractors may struggle with organized accounting, risking project cost overruns and tax issues. Hiring an experienced accountant and using construction accounting software can help manage job costs and track finances. 2) Estimating Errors: Underestimating can lead to losses, while overestimating can lose jobs to competitors. Accurate estimates require understanding all job costs, including overhead, labor, and materials. 3) Change Order Issues: Poorly documented change orders can inflate costs and misrepresent profitability. Ensure thorough cost estimates and approval for each change order. 4) Unfair Contract Terms: Accepting tough contract terms can cause problems later. Review contracts carefully, possibly with legal help, and negotiate any unreasonable conditions. Stay ahead of these common pitfalls and ensure your projects remain profitable and efficient! ????? #ConstructionAccounting #BusinessGrowth #ProjectManagement #ConstructionIndustry

Greetings, Specializing in the construction and renovation industry, I offer expert accounting services to numerous clients. In this sector, my proficiency spans across new constructions, whether residential or commercial, and renovations in both realms. Here's how I can support you: - Prepare project-specific invoices, including management fees. - Manage vendor payments for all projects. - Differentiate material and labor costs. - Ensure accuracy in new construction project continuation sheet balances. - Monitor partial payments on vendor bills to prevent duplications. - Address email inquiries and oversee billing follow-ups. - Execute 1099 payments for independent contractors. - Reconcile various financial statements effectively. - Resolve discrepancies and payment issues with customers and vendors. - Produce detailed monthly financial reports with classified tagging. - Organize items systematically and separate overhead from on-site expenses. - Offer comprehensive back-office assistance. #ConstructionBookkeeping #ConstructionFinance #ConstructionAccounting #RenovationBookkeeping #ConstructionManagement #ConstructionBusiness #ConstructionIndustry #ConstructionSolutions #ConstructionExperts #ConstructionConsulting #RenovationFinance #ConstructionAccountingServices #ContractorBookkeeping #ConstructionProjects #ConstructionGrowth #ConstructionLeaders #ConstructionEfficiency #ConstructionInnovation #ConstructionSupport #ConstructionStrategy #RenovationBusiness #RenovationManagement #ConstructionProfitability #ConstructionFinanceManagement #ConstructionBookkeepers

?? Why Your Business Needs an Experienced External Bookkeeper/Accountant Hiring an external bookkeeping or accounting firm offers two major benefits: ?? Objective Oversight: Having an outside party manage your financials provides an impartial perspective, helping to prevent internal errors, biases, and even potential fraud. A fresh, expert view ensures accuracy and compliance across all your financial operations. ?? Cost-Effective Expertise: By partnering with a firm like Streamline Accounting LLC, you gain access to years of experience, a dedicated support team, and industry-wide financial knowledge—all at a lower cost than hiring a solo bookkeeper. Our team offers the collective wisdom and resources you need for smooth, efficient financial management. ?? Invest in your business’s financial stability with expert external support!

Do you employ a bookkeeper or an accountant to help keep your finances in order? If the answer’s yes, which do you use – and why? Many people think they both do the same job but in fact, they’re very different. ?? Bookkeepers do exactly as their name suggests, they keep the books in order and assist with the recording of day-to-day financial transactions. ?? Accountants complete your annual accounts and statutory reporting but they do not always support you regularly. What benefit would a Financial Consultant bring to my business? With over 20 years of experience in accounting and a decade serving as a Financial Controller across diverse industries, I specialise in supporting clients with their financial strategies. I also assist in the development of policies, SYstems, PROcesses, and personnel, ensuring they are tailored to meet the specific needs and goals of the organisation. If you’re looking for someone to take control of your business finances, give me a call for a no-obligation chat. #FinancialController #Accountant #Bookkeeper

Do you employ a bookkeeper or an accountant to help keep your finances in order? If the answer’s yes, which do you use – and why? Many people think they both do the same job but in fact, they’re very different. ?? Bookkeepers do exactly as their name suggests, they keep the books in order and assist with the recording of day-to-day financial transactions. ?? Accountants complete your annual accounts and statutory reporting but they do not always support you regularly. What benefit would a Financial Consultant bring to my business? With over 20 years of experience in accounting and a decade serving as a Financial Controller across diverse industries, I specialise in supporting clients with their financial strategies. I also assist in the development of policies, SYstems, PROcesses, and personnel, ensuring they are tailored to meet the specific needs and goals of the organisation. If you’re looking for someone to take control of your business finances, give me a call for a no-obligation chat. #FinancialController #Accountant #Bookkeeper

What responsibilities does a real estate accountant have? The responsibilities of a real estate accountant include various financial tasks related to managing real estate assets. The main duties of a real estate accountant consist of: Bookkeeping involves keeping precise financial records, such as rent roll, accounts payable, accounts receivable, and general ledger. Budgeting involves developing and managing the property's budget, forecasting revenue and expenses, and monitoring money flow. Financial reporting involves creating financial statements like balance sheets, income statements, and cash flow statements, as well as giving frequent updates to management and stakeholders. Tax compliance means making sure that the property follows all local, state, and federal tax laws, including submitting tax forms and payments on time. Preparing for audits: Getting ready and participating in audits, responding to auditor inquiries, and ensuring accuracy and currency of critical financial information. Lease management: Ensuring accurate documentation of lease contracts, rental payments, and deposits; overseeing adherence to all lease stipulations. Investment analysis involves evaluating possible investment opportunities and providing recommendations to management, such as projected financial statements, market research, and property valuations. Cost management involves recognizing cost reduction possibilities and implementing cost-saving strategies like bargaining for improved pricing with suppliers and contractors. #Dr_Ahmad_Baz #Accounting

WE ARE HIRING ACCOUNTANT!! Mail resumes at [email protected] Experience: Min 2years Job Description: ??Provides financial information to management by researching and analyzing accounting data and preparing reports. ??Prepares asset, liability, and capital account entries by compiling and analyzing account information. ??Documents financial transactions by entering account information. ??Recommends financial actions by analyzing accounting options. ??Summarizes the current financial status by collecting information and preparing balance sheets profit and loss statements and other reports. ??Substantiates financial transactions by auditing documents. ??Maintains accounting controls by preparing and recommending policies and procedures. ??Guides accounting clerical staff by coordinating activities and answering questions. ??Reconciles financial discrepancies by collecting and analyzing account information. ??Secures financial information by completing database backups. ??Maintains financial security by following internal controls. ??Prepares payments by verifying documentation, and requesting disbursements. ??Answers accounting procedure questions by researching and interpreting accounting policy and regulations. ??Complies with federal, state, and local financial legal requirements by studying existing and new legislation, enforcing adherence to requirements, and advising management on needed actions. ??Prepares special financial reports by collecting, analyzing, and summarizing account information and trends. ??Maintains customer confidence and protects operations by keeping financial information confidential.

Discover the #1 accounting pain point facing small businesses! Poor cash flow management! Poor cash flow management leads to 82% of small business failures. It's crucial to understand cash flow, track recurring costs, and manage funds effectively. Hiring a bookkeeper with CPA oversight can help analyze accounts, collect payments, and optimize expenses for better profitability. ??https://bit.ly/4bWp04z #SmallBusiness #AccountingTips #CashFlowManagement ??

After 11 years in public accounting, I’ve seen it all—and nothing beats a bookkeeper who gets it right the first time. I’ve put together 9 essential tips to help you avoid common rookie mistakes and become the all-star bookkeeper everyone trusts. 1?? Nailing retained earnings 2?? Reconciling accounts like a pro 3?? Reviewing income statements 4?? Learning from past mistakes 5?? Supporting big accounts 6?? Double-checking shareholder loans 7?? Following up with clients 8?? Avoiding the “Ask My Accountant” trap 9?? Tackling complex transactions head-on Master these, and you'll save time, reduce errors, and attract more opportunities. Better books mean better service for your clients. Clean, accurate records allow accountants to spend less time fixing mistakes and more time focusing on tax-saving strategies and business improvements. I’m always open to working with dedicated bookkeepers—whether you're a pro or eager to improve. Let’s work together to elevate your skills and provide the best service to clients! #Bookkeeping #Accounting #Bookkeeper