When you partner with us for your full service accounting and financial management we do not charge by the hour. Plans are built around your needs. Pricing is monthly.
For small businesses who need clean & simple cash based accounting that addresses compliance.
For businesses who have just a little more but still do not need a lot. Accrual or cash based accounting.
For most small-to-medium sized businesses that want robust accounting so they can focus on their core business. Accrual or cash based accounting.
For companies that have a lot more and require super robust accounting, inventory tracking, and/or advanced reports for decision makers.
Payroll can be added to any full service package or as a ala-cart option. Pricing is based on number of employees and many payroll runs (weekly, bi-weekly, bi-monthly, monthly).
*plan does not include QuickBooks subscription
Yes, we can tailor each package to meet your bookkeeping, accounting, and tax needs. We have experience working with many private U.S.-based entities from a wide range of industries and sizes. From compliance-oriented bookkeeping to GAAP-compliant financials, Optimum Accounting LLC has you covered.
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Yes, we can add back taxes or back bookkeeping to any plan.
Adds more dimensions (aka levels) to your financial statements and reports. This means you could track expenses by a project or client to analyze the cost-benefit of each business initiative, for example.
The main difference between accrual and cash basis accounting lies in the timing of when revenue and expenses are recognized. The cash method is a more immediate recognition of revenue and expenses while the accrual method focuses on anticipated revenue and expenses.
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