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Entity Evaluation

GIVING YOU PEACE OF MIND WITH BOOKKEEPING & TAXES
Entity Evaluation
Confirm the best entity for your business.
 
Whether you are a new business owner or have been running a business for as long as you can remember, selecting the appropriate entity can make a huge impact on the financial well-being for your business as well as for your personal life. With the ever-changing tax laws and business environments, it is a worthwhile investment to evaluate whether you are operating as the entity that makes the most sense for your specific situation. 

Let AdminBooks help provide peace of mind knowing that you have chosen the best entity.  And, if you are overpaying in taxes and not getting every benefit allowed, we will help guide you how to make that change, if necessary. 

Bookkeeping Assessment Session

$295.00
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Bookkeeping Assesment Includes:

BANKING ACTIVITY
  • Confirm Reconciliation Status of bank accounts, credit cards, and loans
  • Review Unreconciled Transactions

BALANCE SHEET COMMON ISSUES

  • Review of Undeposited Funds
  • Review of Uncategorized Assets
  • Confirm Sales Tax Liability
  • Confirm AR Overdue and Uncollectible Items
  • Review of Fixed Assets
  • Review Negative Asset and Liability Accounts

P&L COMMON ISSUES

  • Review of Uncategorized Income
  • Review of Uncategorized Expenses
  • Review of Categorization Consistency
  • Confirm Payroll Expense accounts match to Payroll Tax and Wage summary
  • Confirm 1099 Vendors are tagged and having filing information

CHART OF ACCOUNTS

  • Evaluate organization and structure
  • Correct terminology used for Type of Taxing Entity
  • Recommendations for Change
  • Review of Classes and Product Service Codes
  • Review of Customer, Vendor and Employee Lists

We also offer personalized recommendations on best practice methods, workflow analysis, and technology solutions .

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Bookkeeping Assessment Session
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