Practical Accounting solutions

Bookkeeping Services

Practical Accounting Solutions provides services for individuals with basic tax preparation needs, to families with deductions, budgeting, and mortgage concerns, all the way to small and large business accounting, bookkeeping, payroll and tax preparation services. Whatever your accounting needs are, Practical Accounting Solutions can help.

 

Services provided include, but are not limited to the following. If there are items not listed that you are interested in, please ask.

  • Create Chart of Accounts

  • Enter debits and credits from receipts, checks, bank statements, etc.

  • Reconcile general ledger to bank statement(s)

  • Creation of Profit/Loss Reports

  • Creation of Balance Sheet Reports]

  • Manage asset reporting and depreciation

  • Creation of other reports as requested by each client

  • Assist in managing cash flow

  • Accounts Receivable Processing

    • Creation of Invoices

    • Mailing/E-mailing of Invoices to Customers

    • Tracking of Payments as they are submitted by Customers

    • Deposit Payments into bank account

    • Create aging summary for client

  • Accounts Payable Processing

    • Receipt of Bills from Vendors

    • Schedule payment or draft check

Fredericksburg Bookkeeping