Most people continue to have financial problems, even when they hire accountants to help them.-you made a profit this quarter. Pay the following income tax estimate.
-your inventory turns over once every 13 months.
-On average, it will take 72 days to collect your accounts receivable.
Many companies that offer various accounting services will create financial statements along with tax returns and other compliance documents. They take courses and read books on how to analyze various data.
They report on things like…
Most accountants provide the following services to you:
Financial Statement Adjustments
Payroll Tax Returns
Sales Tax Returns
Planning for taxes
Asset acquisition and disposal
Cash flow analysis
W2, w-4, 1099 etc. filing
Calculating business ratios
…and on and on…