As a business owner your time is critical. With demands such as servicing customers, ordering inventory, supervising staff, and selling your products or services, why are you spending so much time trying to do your own accounting, bookkeeping, payroll, and taxes?
Do you feel that the amount of time you spend on bookkeeping would be better served growing your business?
Are you committing too much time to bookkeeping tasks such as bill paying, invoicing customers, or balancing your checkbook?
Have you been paying late fees, receiving late notices or missing out on credits?
After installing and using QuickBooks are you more confused and frustrated?
Do you know for sure whether your business has a profit or a loss?
Does your business need a bank loan, but you don’t have the financial statements needed to get one?
At GMD our business support services, are designed to address problems such as these. Our solutions are cost effective and can be scaled to meet the budget and needs of smaller companies as well as the demands of larger ones.
All companies, no matter how big or small need accurate bookkeeping and accounting. This is a business requirement that takes time and expertise. At GMD we can formulate a customized business support solution to meet the needs of your business. We offer onsite and offsite services and will work with you to determine the best solution for your business. Let us handle the details, while you focus on running your business!
What Does GMD Offer
Full Service Bookkeeping
We can provide you with a full range of bookkeeping services, tailored to your business needs, either in our office or at your place of business.
.Accounts Payable: Record and prepare your accounts payable
Accounts Receivable: We will prepare invoices, billing statements. Record payments from customers and prepare aging reports to assist you in tracking your cash flow.
Collections: Prepare collection letters and coordinate late payments.
Process time sheets, prepare payroll and record all deductions. Facilitate direct deposit setup for employees
Taxes: Prepare and file all levy, pension, and insurance payments.
Banking: Handle deposits, banking matters and account inquiries.
Bank Reconciliation: Perform monthly bank and credit card reconciliation to help avoid bank errors, altered checks, and untimely deposits.
Financial Statement Preparation: Preparation of monthly profit and loss statements, balance sheets, and statement of cash flows.
Inventory: Calculate your inventory costs to determine your cost-of-goods sold, allowing you to make the right pricing decisions
We can provide you with temporary bookkeeping and accounting assistance to support you in unique or unforeseen situations. We provide these services when a bookkeeper is gone for an extended period of time or if a position is opened unexpectedly. Our staff can help fill this absence by working at your place of business.
There are times when you don’t think about your books until you really need to and GMD will work to assemble an accurate financial picture of your company, rapidly and completely. GMD has experience in:
Working from scratch to install and implement a total bookkeeping system where none had existed before
Rebuilding a bookkeeping system when there has been an extensive loss of data
Transferring records from an old accounting system to a new one
Building new charts of accounts
Quick and accurate work to bring extremely past-due bookkeeping up to date