Financial Record Keeping: Accurate and organized financial record keeping is essential for small businesses. Small Frend will help you establish proper bookkeeping practices, including recording and categorizing financial transactions, reconciling accounts, and maintaining a clear audit trail. We will provide guidance on bookkeeping software, establish chart of accounts, and provide ongoing support to ensure your financial records are accurate and up-to-date.
Financial Reporting: Small Frend will generate financial reports that provide you with insights into your business's financial health. We will prepare regular financial statements, such as balance sheets, income statements, and cash flow statements, and provide analysis to help you understand your business's financial performance. We will also assist with budgeting and financial forecasting to support your business planning and decision-making.
Tax Preparation and Compliance: Small Frend will ensure your business stays compliant with tax laws and regulations. We will assist with tax planning, prepare and file your business taxes, and provide guidance on tax deductions and credits to minimize your tax liability. We will also help you maintain proper documentation for tax purposes and liaise with tax authorities on your behalf.
Accounts Receivable Management: Small Frend can help you streamline your accounts receivable process by setting up an automated system for tracking customer payments and generating invoices. We can also help you develop collection policies and procedures to minimize the risk of late payments.
Payroll Management: Small Frend can help you manage your payroll process more efficiently by setting up an automated payroll system, calculating employee salaries and benefits, and handling tax withholding and reporting. We can also provide advice on how to comply with labor laws and regulations.
© Small Frend. All Rights Reserved.