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Powers Accounting & Business Services, Inc. provides accounting and bookkeeping services for our customers. We realize that it's hard to keep up with all aspects of one's business, especially those items that aren't critical to the everyday operations of our client's businesses. Trying to deal with financial issues can become a daily problem for many businesses, and not everyone is equipped to handle them as efficiently as they need to be addressed.
What we do for our central New York clients is remove the tension that financial issues can cause. We do the record keeping and paperwork to provide clear and concise reporting that makes it easy to know which direction businesses need to move towards in order to improve. You can feel safe and secure that our accounting processes will be accurate and timely. Some of the services we offer include:
Monthly Reporting - We offer simplified monthly reports and statements to provide a quick and accurate picture of your business activity.
Monthly Operating Statements - We present a monthly breakdown of sales, cost of sales and expenses; this is also known as a Profit and Loss Statement.
Balance Sheet - We summarize your total business assets, liabilities and net worth at a given point in time so you can make decisions about capital expenditures or how to improve profits.
Bank Reconciliation - We calculate and proof of your bank account statement with your checkbook balance each month to ensure you are working with the correct total. If there is a discrepancy we tell you why and how much to adjust your balance.
General Ledger Report - We keep a record of the dates, check numbers, payees and amounts of all expenses within each of your business accounts. Whether you prepare your records by hand, or using one of the computerized accounting systems, this report will provide you with the assurance that your reports have been properly prepared.
Communication/Counseling - The key that ties our services together and makes a difference is communication. We communicate and work with our clients to help improve their profit and decrease their taxes. |