Setup & Cleanup
Home /
Setup & Cleanup
Services
Accounting Setup & Maintenance
Accounting Software Onboarding
- Accounting Software Setup
- Establish Chart of Accounts
- Convert to Accrual Accounting
- Ensure GAAP Compliance
- Payroll Software Integration
Chart of Accounts
- Define Account Categories
- Organize Financial Transactions
- Standardize Account Codes
- Customize for Business Needs
- Establish Reporting Structure
Conversion to an Accrual Basis
- Transition from Cash to Accrual Accounting
- Record Revenue When Earned
- Record Expenses When Incurred
- Adjust for Prepaid and Deferred Items
- Align with GAAP Standards
Ensure GAAP Compliance
- Adhere to Standard Accounting Principles
- Implement Consistent Financial Reporting
- Maintain Accurate Record-Keeping
- Reduce Errors and Misstatements
- Align Financial Statements with GAAP
Payroll Software Onboarding
- Standardize Reporting Formats
- Ensure Accurate Revenue Recognition
- Follow Expense Matching Principle
- Disclose Financial Information Transparently
- Review and Adjust for Compliance Regularly
