BOOKKEEPING SERVICES

B&T Erie can help you with the following services:

Transaction Recording:

Recording daily transactions (sales, purchases, payments, receipts) into the general ledger.

Bank Reconciliation:

Reconciling company bank statements with internal records to ensure consistency.
Identifying discrepancies between records and bank accounts.

Financial Reporting:

Preparing financial statements like income statements, balance sheets, and cash flow statements.
Analyzing the financial health of the business.

Cash Flow Management:

Monitoring and managing cash flow to ensure the business has enough liquidity for operations.
Planning for future cash needs.

Bookkeeping Software Integration:

Setting up and managing bookkeeping software (e.g., QuickBooks).
Integrating financial systems for better accuracy and efficiency.

Internal Controls:

Setting up procedures to prevent fraud and errors in financial records.
Conducting periodic internal audits.

Year-End Financial Reports:

Preparing year-end financial statements.
Assisting with annual tax preparation and filing.