Bookkeeping Services, Bookkeeper (818) 841-0255
Best professional desktop and best online bookkeeping services since 2007. El Cid Bookkeeping Inc. has serviced over 4500+ businesses and sole proprietors’ with their bookkeeping service. For, our bookkeeping services near me, we work throughout the San Fernando Valley, Los Angeles, San Diego, Inland Empire, Orange County.
El Cid is a full-service bookkeeping for small businesses, online bookkeeping, virtual bookkeeping services and accounting services. We are experts’ bookkeepers. We understand the stress and demands of running a business.
We work within a secure, hosted environment. El Cid uses the latest technologies, including Intuit – QuickBooks accounting software. We stay up to date with constant training of the bookkeeping software such as QuickBooks. Our goal is to get you set up to run your business correctly and always know where you stand financially.
Dedicated Bookkeeper For Your Bookkeeping
When you hire us to do your bookkeeping you get one on one personalized service from a dedicated professional bookkeeper. El Cid gives you a dedicated bookkeeper supported by a team of knowledgeable accounting and bookkeeping personal. You will get a direct line to your bookkeeper for professional support is just a few swipes, taps, or clicks away.
When You Leave the Bookkeeping to El Cid, You Can Now Focus on Growing Your Business
Bookkeeping is essential to your company’s long-term success. Experienced, affordable, and reliable, bookkeepers are hard to fine. We have serviced a variety of industries. Our clients range from self-employed home-based business owners to small and medium size businesses with employees.
Bookkeeping Services for Small Businesses
- Accounts payable (entry, bill paying)
- Accounts receivable (entry, invoicing, deposits, collection)
- Bank Statement Reconciliations
- Credit Card Statements Reconciliations
- Inventory management
- Books Up To Date
- General ledger
- Tax forms (1099s, 1096)
- Payroll processing
- No Outsourced bookkeeping services! El Cid does the bookkeeping!
Monthly Expense – Bookkeeping Services
Proper accounting services and bookkeeping and payroll services give companies a reliable performance measure.
It also provides general strategic decisions and a benchmark for its revenue and income goals. In short, once a business is up and running, spending extra time and money on maintaining proper records is critical.
El Cid can give you consulting services on your bookkeeping. We work with many small businesses. We can provide you with monthly financial statements and your income tax return for IRS and State.
Many small companies don’t hire full-time accountants to work for them because of the cost. Instead, small companies generally employ a bookkeeper or outsource the job to a professional firm.
Financial Statements for Financial Reporting
Balance Sheet Statement
The balance sheet reports a business’s assets, liabilities, and shareholder’s equity at a given point in time. In simple words, it tells you what your company owns, owes, and the amount invested by shareholders.
However, the balance sheet is only a snapshot of a business’s financial position for a particular date.
It must be compared with balance sheets of other periods as well.
The balance sheet allows you to understand your business’s liquidity and financial structure.
Through analytics like current ratio, asset turnover ratio, inventory turnover ratio, and debt to equity ratio.
Closely related to leveraging, the ratio is also known as risk, gearing, or leverage.
The income statement also called the profit and loss statement. This statement focuses on the revenue gained and expenses incurred by a business over time.
There are two parts to a typical income statement.
The upper half lists operating income, while the lower half lists expenditures.
The statement tracks these over a period, such as the last quarter of the fiscal year. It shows how the net revenue of your business is converted into net earnings, which result in either profit or loss.