At BT Consult Agency, we understand that sound financial management is the backbone of any successful business. Our finance services are tailored to help you maintain control over your finances, reduce costs, and make informed decisions for growth. Explore the wide range of solutions we offer:
1. Bookkeeping Services
- Accurate recording of daily financial transactions.
- Maintaining clear and organized ledgers for income and expenses.
- Regular reconciliation of bank and credit card statements to ensure accuracy.
2. Budget Planning and Management
- Assisting in creating detailed budgets tailored to your business goals.
- Monitoring spending to ensure your finances align with the plan.
- Identifying opportunities for cost savings and reallocation.
3. Financial Reporting
- Preparation of comprehensive reports such as profit and loss statements, balance sheets, and cash flow statements.
- Providing actionable insights based on data analysis.
- Delivering monthly, quarterly, and annual financial summaries to guide decision-making.
4. Accounts Payable and Receivable Management
- Tracking and managing incoming payments and outgoing bills.
- Ensuring timely payments to vendors and accurate invoicing for clients.
- Monitoring overdue accounts and following up on outstanding payments.
5. Payroll Processing
- Efficient calculation of salaries, benefits, and deductions.
- Managing tax withholdings and issuing paychecks on schedule.
- Preparing and filing payroll tax reports to ensure compliance.
6. Tax Preparation Assistance
- Organizing financial records for smooth tax filing.
- Ensuring compliance with local, state, and federal tax regulations.
- Collaborating with tax professionals to optimize filing accuracy.
7. Expense Tracking and Management
- Monitoring and categorizing business expenses for better control.
- Implementing efficient systems for expense approvals and tracking.
- Providing detailed insights into spending trends and opportunities for savings.
8. Audit Preparation
- Ensuring financial records are complete and audit-ready.
- Organizing documents required for internal or external audits.
- Resolving discrepancies and assisting with auditor inquiries.
9. Cost Reduction Analysis
- Reviewing financial operations to identify unnecessary expenses.
- Implementing strategies to reduce costs without sacrificing quality.
- Negotiating better terms with vendors or service providers.
10. Asset Management
- Tracking and managing company assets for optimal utilization.
- Performing depreciation calculations and planning asset disposal.
- Ensuring compliance with asset reporting regulations.