Other Accounting Services

Inventory Reconciliation

We provide accurate inventory reconciliation services, inventory reporting, fixed assets inventory and inventory management solutions at affordable rates. Studies show that 65% of all corporate fixed asset data are incomplete or inaccurate. Inventory reconciliation and inventory management is the ideal solutions to validate the data your business depends upon.

Proper inventory reconciliation management is indispensable for the successful and efficient inventory reconciliation auditing and inventory financial control of any organization. It is the proven best practice for validation and verification of fixed assets.

Cash Management

We offer cash management for your business, financial cash management techniques and quality cash management solutions at affordable rates.

Our mission is to help the customers streamline their cash flow finance management techniques through a combination of expertise and effective cash management services. Payments received from your customers and issued to your suppliers are efficiently processed to optimize your cash flow position and to assure the effective cash management services of your business operating and investment funds.

Cash management involves analyzing the accounts receivable, accounts payable, credit terms, credit policy and inventory to identify the problematic areas that lead to cash flow gaps for your business.

Bank Reconciliation

Regular bank and credit card reconciliations are necessary for individuals or companies that incur regular transactions. As the money is spent or received frequently it is necessary to verify that all transaction records are consistent with bank statements. We also ensure there is no miscalculation by your bank or Credit Card Company.

Many times large amounts of transaction processing can create complex statements and makes it difficult to reconcile bank statements. We would help you handle and reconcile bank and credit card accounts.

General Ledger Reconciliation

Accounting & Bookkeeping Solutions, LLC can assist you in general ledger creation and maintenance. Our general ledger service includes items as current asset, revenues, gain, losses, fixed assets and liabilities.

We prepare general ledger for supporting the items shown in major financial statements. We post entries based on transactions from sales receipts, purchase orders, petty cash and bank accounts. We perform double-entry bookkeeping to ensure your system is balanced and up to date.

Costing

We have years of experience in performing costing utilzing either standard based costing or activity based costing. If your company has a project to cost a function or product, we can fulfill this role. We will perform any functions necessary to establish the criteria to establish the appropriate detail necessary to support the costing structure. In the past we have performed time based studies, allocations of overhead based on total sqare footage, allocation of overhead based on volume.
If you have a need for costing assistance, please contact us.