Small Business Accounting for Holly Springs

Small businesses in Holly Spring benefit from these accounting services:

• Financial statement generation
• Bookkeeping
• End of year tax preparation and filing
• A frequently updated income statement
• An up-to-date cash flow statement
• Payroll management services

Hiring an internal accountant can be advantageous for bookkeeping and accounting practices if you are happy with their work. However, if you have struggled to find the ideal internal accountant or would like to re-allocate the time spent on accounting matters elsewhere, you might want to consider outsourcing to a CPA who works with Holly Springs business owners.

As fellow small business owners, we recognize the importance of minimizing expenses. The peace of mind and cost savings gained from avoiding penalties for noncompliance or IRS audits far outweigh the expense of working with a trusted accountant. By identifying these issues timely, your small business can avoid audits and costly fines.

QuickBooks is a highly utilized accounting software preferred by many small businesses, but it falls short in detecting errors, ensuring accuracy, and filing tax returns. Working with a local CPA will ensure errors are detected before it ends up costing your business time and money.

Bookkeeping if the recording of daily business transactions, including as bill payments, invoices, and  payroll.

Accounting involves with the classification and reporting of financial data for a specific purpose, such as tax preparation. Accounting classify bookkeeping transactions in the appropriate category. 

A small business accountant, such as C.E. Thorn, CPA, PLLC, works with Holly Springs business owners to provide a variety of accounting services that will make your business duties a bit more manageable. Schedule a consultation with us today at  919-420-0092 to start streamlining your accounting process and organizing your finances.