Each month, we will go in and reconcile accounts with bank statements. We will provide a P&L, Balance Sheet, and Cash Flow Statements. This will provide an overview of where the business is year-round and peace of mind knowing that everything is taken care of when tax season rolls around.
Prosperity Financial Accounting provides outsourced CFO services to clients that make over $500K in revenue and accounting services to small businesses that make at least $100K in revenue. They file taxes for both entrepreneurs/individuals and businesses.
The CFO’s work is vital to understand any cash flow issues better. PFA will determine where and how to save money, increase profits, and their ratios. We will meet with the CFO every month and go over the plan of action that was agreed to, as well as update any accounting based on previous months to ensure everything is on the right track to reach goals within the company.