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Abacus Group Inc.

Your Business- Your Success - Our Passion

Bookkeeping & Accounting Services offered by Abacus Group Inc.

Bookkeeping & Accounting Systems Exclusively Designed For Your Business

Keep yourself and your office personnel working to increase sales and profits...not just bookkeeping! Enjoy an accounting system designed specifically for your business.

We can tailor an inexpensive and accurate accounting system that meets your business needs at a fraction of what it costs you to do it yourself.

If you want to do your own books:

You can do your own books with a specialized system, for a one time set up charge, including the materials. We can train YOU!

Small Business Accounting

As a small business owner you have more important things to do than to keep your own books. We take care of your books for you, so you can get back to the job of running your business and generating profits!

Each month or quarter we'll do the following things for you...

  • Reconcile your bank account
  • Generate an income statement 
  • Generate a balance sheet
  • Clean up your general ledger
  • Provide unlimited consultations

These tasks form the solid foundation of your small business accounting system. You can customize the package of services you receive by adding payroll, tax planning, tax preparation, or any of our other services.


BUDGETING

  • Annual budget Organization & Preparation
  • Budget Reporting & Maintenance
  • Production & Departmental Budgeting
  • Grant Proposal Budgets


PAYROLL

  • Payroll Organization & Setup
  • Payroll Coding & Journal Entries
  • Union Reporting
  • Quarterly Tax Returns
  • Annual Payroll Tax Returns
  • 1099, W-2 & End-Of-Year Reporting


BUSINESS & FINACIAL STATEMENTS

  • Balance Sheets
  • Profit & Loss
  • Job & Class Code Reporting


CASH FLOW

  • Cash Flow Spreadsheet organization
  • Cash Flow Preparation & Maintenance


YEAR END CLOSING

  • A stress-free comprehensive system which allows your year-end closing to run smoothly and quickly
  • Coordination with Accountant/Acct
  • Deposit Coding
  • Deposit Filing
  • Deposit Reporting


PETTY CASH

  • A system which allows your year-end closing to run smoothly and quickly
  • Coordination with accountant
  • Deposit Coding
  • Deposit Filing
  • Deposit Reporting
  • Petty Cash


CASH RECEIPTS

  • Deposit Preparation
  • Deposit Coding
  • Deposit Filing
  • Deposit Reporting
  • Petty Cash


TRAINING

Instruction for owner/in-house staff on:

  • Cash receipts, disbursements, payroll & data entry
  • Personnel Record Keeping
  • Staff Restructuring Scheduling

HUMAN RESOURCE

  • Health Insurance Policy
  • Maintenance & Structuring
  • Leave Maintenance
  • Policy Structuring & Maintenance

FINANCIAL CONSULTING

  • ALL analysis
  • evaluation
  • strategic direction
  • for ALL small businesses

CASH DISBURSEMENTS

  • Check Writing
  • Invoice Coding
  • Invoice Filing

Accounting Services

From start-ups to established enterprises, businesses rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities.

Our accounting services steer you closer to these goals with accurate record-keeping and reporting as well as support on financial issues such as initial accounting system setup, cost-containment, tax planning, investments, and employee benefit and profit-sharing plans.

These services include but are not limited to:

  • General ledger and financial statement preparation
  • Bookkeeping (Monthly, quarterly, or annual)
  • Accounting system setup and support
  • Payroll processing
  • Cash flow budgeting and forecasting
  • Personal financial statements
  • Employee benefit and profit-sharing plans
  • Corporate tax planning and return preparation

Providing financial information to our clients in a timely and accurate manner is a commitment that we feel cannot be compromised.

Meaningful and well organized financial records ensures that your business operations will more efficiently on daily basis provides a full range of cost effective accounting services including the following:

1. Accounting system setup for new businesses
2. Bookkeeping (monthly, quarterly and annually)
3. General ledger and financial analysis
4. Computerized payroll tax return preparation
5. Business tax return preparation (sales and use, business property)
6. Mortgage consulting


Accounting system setup for new businesses:

We guide you through setting up an accounting system, that best suite your needs for reporting and that is cost effective Bookkeeping

  • monthly
  • quarterly
  • annually

You have a choice of taking our bookkeeping services on monthly, quarterly or on annual basis.
Depending on your budget for accounting and well as need for financial information

General ledger and financial analysis

Financial analysis and general ledgers are developed for your business needs and to provide you a detailed insight in to the financial affairs of your business.
We provide this service to you, annually at a minimum, if not desired more frequently.