Business Financial Services
Bookkeeping
Organized, dependable bookkeeping for businesses that need clearer financial records. Montano's Income Tax Services helps maintain accurate transactions, reconcile accounts, and prepare useful financial reports throughout the year.
What This Service Provides
Clear records for better business decisions.
Bookkeeping creates an organized record of your business income, expenses, assets, liabilities, and other financial activity. Accurate records make it easier to understand performance, manage cash flow, and prepare for tax filing.
Montano's reviews and organizes the financial information provided by your business. The service can help identify missing records, incorrect classifications, and unreconciled transactions before they create larger problems.
Included in the Service
Consistent support for accurate financial records.
Organization and classification of business income, expenses, transfers, owner activity, loan payments, and other financial transactions.
Comparison of bookkeeping records with bank and credit-card statements to identify missing, duplicated, or inaccurate transactions.
Preparation of reports such as profit-and-loss statements and balance sheets to provide a clearer view of business performance and financial position.
Organized tracking of customer payments, vendor expenses, recurring charges, contractor costs, and other activity affecting business cash flow.
Assistance organizing overdue books, correcting classification problems, reviewing beginning balances, and reconciling prior periods.
Review and organization of year-end bookkeeping information to support efficient business tax preparation and reduce avoidable filing delays.
Common Bookkeeping Needs
Support for growing and established businesses.
Bookkeeping needs vary based on transaction volume, business structure, number of accounts, and the condition of existing records. The service is organized around the company's actual financial activity and available documentation.
The Bookkeeping Process
A consistent and organized approach.
Collect
Gather bank statements, credit-card statements, reports, receipts, and other available financial records.
Organize
Record and categorize transactions based on the business activity and supporting information provided.
Reconcile
Compare bookkeeping balances with financial statements and investigate missing or inconsistent activity.
Review & Report
Review the completed records and provide financial reports for business management and tax preparation.