Walker Business Systems
Bookkeeping
Walker Business Systems (WBS) offers full service bookkeeping and/or month-end reconciling and write-up services. Basically what this means is that we are here to help you. Each business owner is different so we sit down with you and help develope a game plan that is most beneficial for you.
Most taxpayers fear the knock on the door from the IRS agent, however that should not be the main reason for keeping Good Records. Good records = Good Business Decisons. Our emphasis with contractors and small businesses has been with the recordkeeping. Financial Statements are the report cards of a business. All businesses need current statements at all times and we help the owners know how to read and interpret those statements. Business decitions are only as good as the information used to make the decision. Not knowing where you are financially is like shooting an arrow blindfolded.
We can help your business by:
1. Doing all of your accounting; or
2. Monthly reconcile your records and prepare your P&L and Balance Sheet. We can either reconcile your records at your place of business or if you are using QuickBooks online, we can reconcile from our office; or
3. Train you or your staff to keep your records accurately. We train staffs to use QuickBooks software and proper accounting techniques
Here are the steps we use to perform all of the accounting for other business owners like you:
1. The business owner uses a business checking account and/or a debit or credit card to pay all business expenses. (If they pay for something out of a personal account then the business account is used to reimburse their personal account. This way all expenses flow through the business books.
2. Monthly the client provides their bank statement, credit card statements, receipts and necessary accounting records.
3. We enter and reconcile the bank and credit card accounts.
4. The business owner receives a monthly Profit & Loss and Balance Sheet.
5. The business records are kept and filed. (If the owner needs a copy of a particular receipt we can pull and email to them.)
6. At the end of the year after the December bank statement that covers all of December is reconciled (sometimes it may be an actual January statement (ex...Jan 5th) we prepare a year-end Profit & Loss and Balance Sheet and return all of the records in a file for you to store.
Contact Information
PO Box 181 Cunningham TN 37052 --- Toll Free Phone/Fax 10866-672-9034 --- Email bwalker@bww.com