Win clients with these accounting services

Going on seven years as an expert in bookkeeping and tax preparation here in Glendale, AZ, I have learned there are a few indispensable services that today's accounting firms cannot go without. Whether you are just getting started or looking to scale your bookkeeping and tax firm, here a several fundamental services you can offer to your clients starting today!

Financial Statement Preparation
Up-to-date financial reports are an absolute must-have in today's accounting industry, with most small-to-medium and large organizations demanding their accountants provide these statements monthly, quarterly, and annually. In case you're unfamiliar, these reports include the client's balance sheet, profit and loss statements, expense reports, and more. Make sure to use the most updated version of accounting software (we use Quickbooks Online) in order to properly satisfy with your client's needs.

Payroll 
By providing a payroll service, you will ensure your client that you know their salary expense while keeping employees paid. Of course, it goes without saying that any client with one or more employees would benefit from their accountant covering this sensitive finance area and this is definitely one service every client will be thankful you offer!

Inventory Management
​Did you know mismanaged and untracked inventory can cost a business more than 40% of their stated revenue? Proper accounting and auditing of inventory will maximize your client's profits, reduce waste, and give them a better representation of their bottom line. With this added service, you can help ensure that a client's merchandise is properly accounted for, tracked, and maintained via an up-to-date and efficient P.O.S. tracking system.

Tax Analysis
Tax filing can be difficult, tricky, and outright costly if not done right. Let your client know that beyond just filing their taxes, you specialize in in-depth research on the latest and greatest tax breaks in order to reduce the amount owed to the IRS each year. This way, you give the reassurance that whatever dollar not owed to the IRS is staying in your client's bank account (we offer this service and it pays). Also consider offering quarterly and annual tax returns/reviews at an affordable rate!

Full Charge Bookkeeping
From start to finish, make sure to handle everything from setting up your client with an simple and affordable accounting software to managing their entire company's financial activity. Make sure they know that not a cent will go unaccounted for when using your premier bookkeeping service to maximize each deduction and save every dollar their company deserves when the tax man comes around!

Budget Analysis
​A careful analysis of your client's weekly and monthly financial outcomes will also help keep them in the know regarding any underperformance and budgeting miscalculations - which can easily become a major financial issue if not dealt with properly. By focusing on inventory control, cost itemization, and meticulous recordkeeping of cash flow, you can reduce your client's overhead significantly and help them keep their organization in business

Financial Structuring and Planning
Nothing is more important than the ability to let your client know that you have their back come tax season. Aside from just filing, you'll want to consider the all-important service of tax structuring and analysis: setting up tax shelters, researching up-to-date filing methods, and maximizing new deductions in order to ensure Uncle Sam keeps his hands off every dollar not owed to the I.R.S.
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