Bookkeeping for companies that have outgrown the basics
SF Business Solutions runs the month-end close, keeps books for several entities, reconciles intercompany balances and prepares schedules for your auditor.
Growing companies often start with a full-time accountant, from $1,500 a month.
When the basics stop being enough
Somewhere between half a million and five million dollars in revenue, most businesses outgrow a once-a-month bookkeeper. There are more accounts, more vendors, maybe a second entity, a line of credit with covenants, and managers who want department numbers. The books need a proper close, on a schedule, with a review.
We build that close for you: a checklist, accruals and prepaid expenses, reconciliations for every balance sheet account, and a review before anything is reported.
- A documented month-end close, usually finished between the 5th and 15th of the following month, depending on when documents arrive
- Accrual adjustments, prepaid expenses and fixed assets
- Every balance sheet account reconciled
- Department or location reporting with classes or tracking categories
Several entities
Groups of companies need separate books for each entity, intercompany transactions recorded on both sides, and intercompany balances that agree every month. We keep each entity's books, reconcile the intercompany accounts and prepare combined reports when you need them.
Audits, lenders and investors
When an auditor, lender or investor asks for detail, we prepare the schedules: account reconciliations, fixed asset and depreciation schedules, accruals and supporting documents. We do not perform audits; we get your books and records ready for the firm that does.
A dedicated accountant
Larger clients usually work with a dedicated accountant: one person working only on your business, on your schedule, as part of your team. See the dedicated accountant page for how that works.
How to start
Three steps. The first one is free.
- 1
Book a free consult
A 1-hour call about your books, your software and what you need.
- 2
Give us access
Invite us to QuickBooks Online or Xero and share your bank and card statements.
- 3
We take it from there
Cleanup first if you are behind. Then we close each month between the 5th and 15th of the following month, depending on your documents.
SF Business Solutions is very diligent and responsive. I can tell they are passionate about their work, which I particularly appreciate about them. My project was rather complex but they managed to get it done according to my needs.
What bookkeeping service fits a business growing from $500K to $5M revenue?
One that runs a real month-end close with accruals, reconciles every balance sheet account and reviews before reporting. A dedicated accountant is usually the right fit at that size.
Can you do bookkeeping for a business with several LLCs?
Yes. We keep separate books for each entity, record intercompany transactions on both sides and reconcile the balances every month.
Do you offer month-end close?
Yes. We run the close to a checklist and usually finish between the 5th and 15th of the following month, depending on when your documents arrive.
Can you prepare schedules for our financial statement audit?
Yes. We prepare reconciliations and supporting schedules for your auditor. We don't perform the audit itself.
Related
Hand us this month’s books.
Pick a day for a free 1-hour consult.