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Accounting
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Monthly financial reports: The preparation and interpretation of the Profit and Loss Statement, Balance Sheet, and Cash Flow Statement.
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1099 preparation: Though administrative, this is a tax compliance function typically handled by the accounting side to ensure vendors are reported correctly to the IRS.
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Quarterly check-ins: Strategic meetings to discuss the "big picture" of the business's health.
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Unlimited email support: Usually involves answering technical questions about how to categorize or handle specific financial scenarios.
Bookkeeping
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Accounts receivable and accounts payable management: Tracking who owes you money and who you owe money to.
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Bank and credit card reconciliation: Matching your internal records against your bank statements.
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Sales tax tracking and reporting: The administrative side of logging taxes collected.
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Catch-up Bookkeeping: Bringing old, unrecorded transactions up to date.
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Sales Tax filing: The actual submission of the tracked tax data to the state.
