Accounting Services
Turn financial activity into
financial clarity.
Reliable accounting gives business owners more than organized transactions. It provides a clearer view of what the business owns, owes, earns and spends.
APK Tax & Accounting Services helps small businesses maintain stronger financial information, prepare useful reports and better understand the numbers behind the business.
Accounting support for small businesses, owner-operated companies and growing organizations.
Beyond the Transactions
Good accounting helps you understand the business.
Bookkeeping records what happened. Accounting helps make sense of it.
When financial records are organized and maintained properly, they can help business owners answer important questions:
- → How profitable is the business?
- → What do we own?
- → What do we owe?
- → Where is the money going?
- → How much do customers owe us?
- → How much do we owe vendors?
- → Are expenses growing faster than revenue?
- → Are the financial reports reliable enough to make decisions?
APK helps turn financial records into useful information so business owners can see the company more clearly.
Who We Help
Accounting support for businesses that need better financial visibility.
APK accounting services may be a good fit if your business:
Need Better Reports
- • Statements are unclear
- • Reports feel unreliable
- • Needs profitability visibility
- • Wants to compare performance over time
Business is Growing
- • Has outgrown basic bookkeeping
- • Has multiple bank or credit card accounts
- • Is growing quickly
- • Needs stronger financial organization
Need More Visibility
- • Clearer accounts receivable
- • Clearer accounts payable
- • Better cash visibility
- • Clearer performance tracking
Need Stronger Financial Support
- • Is preparing for tax season
- • Uses QuickBooks but does not fully trust reports
- • Needs accounting guidance
- • Wants support without hiring a full internal finance team
Accounting Support
Build a clearer picture of your finances.
Depending on the needs of the business, APK may provide support in areas such as:
Financial Statement Preparation
Prepare financial reports that summarize business activity and financial position.
Profit & Loss Reporting
Understand revenue, expenses and profitability over a given period.
Balance Sheet Reporting
See what the business owns, what it owes and the financial position accumulated over time.
Cash Flow Review
Understand how cash is moving through the business and where financial pressure may be developing.
Accounts Receivable
Maintain clearer visibility into customer balances and amounts still waiting to be collected.
Accounts Payable
Track amounts owed to vendors and upcoming obligations.
Account Reconciliation
Compare accounting records with bank and credit card activity to help maintain more reliable balances.
General Ledger Review
Review the underlying accounting activity that supports the financial statements.
Chart of Accounts Organization
Help structure accounts so financial activity is categorized in a way that makes reports more useful.
Accounting Cleanup
Identify areas where historical records, balances or classifications may need correction or additional review.
What Is The Difference?
Bookkeeping creates the records.
Accounting helps you use them.
Bookkeeping
Bookkeeping generally focuses on:
Accounting
Accounting builds on those records to support:
A business needs reliable bookkeeping before accounting reports can become truly useful.
Explore Bookkeeping ServicesFinancial Statements
Your business should be able to explain itself in numbers.
Financial statements provide different views of the same business.
Profit & Loss Statement
Is the business profitable?
A profit and loss statement summarizes revenue and expenses over a period of time.
It can help you understand: Revenue trends, Operating expenses, Gross profit, Net income, and Changes in profitability.
Balance Sheet
What does the business own and owe?
A balance sheet shows the financial position of the company at a specific point in time.
It may include: Cash, Accounts receivable, Assets, Loans, Accounts payable, Other liabilities, and Owner or shareholder equity.
Cash Flow Information
Where is the cash going?
Profit does not always equal cash. Reviewing cash activity can help business owners better understand whether money is being generated, used or tied up elsewhere in the business.
Explore Financial Analysis →Profit & Loss Summary
Illustrative
Illustrative
Why?
Profit and cash are related, but they are not the same thing.
Better Reports. Better Questions.
Financial statements should help you make decisions.
Which parts of the business are most profitable?
Are expenses increasing?
Is revenue growth translating into profit?
How much cash is actually available?
Are customers paying on time?
Are there old balances that need attention?
How does this month compare with last month?
How does this year compare with last year?
Are the financial records ready for tax preparation?
APK helps create the financial foundation for those conversations.
Taxes Start With The Accounting
A business tax return depends on the financial records behind it.
When financial statements are unreliable, tax preparation becomes more difficult. Accounting support throughout the year can help create a clearer foundation for:
- → Business tax preparation
- → Estimated tax planning
- → Year-end tax planning
- → Prior-year comparison
- → Financial analysis
The stronger the accounting records, the easier it becomes to understand the business before filing season arrives.
Explore Business Tax Preparation →Look Forward
Current financial information makes planning more useful.
Tax and financial planning work better when business owners have up-to-date information. Reliable accounting can help APK review current income, current expenses, profitability, cash position, owner activity, major purchases, and financial changes compared with prior periods.
That gives business owners a better basis for planning conversations.
Explore Business Tax Planning →Money Owed To You
Revenue does not help cash flow until the customer pays.
A business can look profitable on paper while still struggling with cash. Accounts receivable reporting helps business owners understand who owes money, how much is outstanding, how long balances have been unpaid, and whether collections are becoming a problem.
Better visibility into receivables can help business owners make more informed decisions about cash flow.
Money You Owe
Upcoming obligations matter too.
Accounts payable information helps businesses see vendor balances, upcoming bills, outstanding obligations, and payment timing.
That information can help owners better understand what cash will be needed in the weeks ahead.
Note: Depending on the engagement, APK helps track and organize this information, but does not manage client bank accounts, pay bills, or perform collections.
When the numbers do not make sense
Sometimes the first step is cleanup.
If financial statements contain unexplained balances, negative accounts, duplicate transactions or other inconsistencies, the accounting records may need attention before the reports can be relied upon.
APK can review the current records and help identify areas that may need correction or further investigation. Common issues may include:
Not Reconciled
Unexplained
Duplicated
Misclassified
Mixed
Inconsistent
Profit & Loss
But Ask:
- ? Are accounts reconciled?
- ? Are balances correct?
- ? Are transactions classified properly?
- ? Is the chart of accounts structured correctly?
QuickBooks Accounting
Better software does not automatically create better accounting.
QuickBooks can generate reports instantly. But those reports are only as reliable as the financial records behind them.
APK can help businesses use QuickBooks more effectively by reviewing the chart of accounts structure, account balances, reconciliations, transaction classifications, financial statements and other areas that may affect reporting quality.
Explore QuickBooks ServicesAs the business grows
Financial complexity usually grows with revenue.
As a company expands, the owner may need more than basic transaction tracking.
Growth can introduce:
- + More accounts
- + More customers
- + More vendors
- + More employees
- + More payroll
- + More debt
- + More equipment
- + More states
- + More financial decisions
At that point, stronger accounting systems and reporting become increasingly important.
APK can help businesses build a more organized financial foundation as operations become more complex.
Book an Accounting Consultation
How It Works
Start with the financial records you have today.
TELL US WHAT YOU NEED
Share how your business currently handles accounting and what financial information you need help understanding.
APK REVIEWS THE RECORDS
Depending on the engagement, APK may review financial statements, QuickBooks, bank activity, prior returns or other accounting information.
IDENTIFY ISSUES AND PRIORITIES
We help determine what needs attention first, whether that is cleanup, reconciliation, reporting or ongoing accounting support.
ESTABLISH THE ACCOUNTING PROCESS
Define the financial information, records and reporting needed for the engagement.
MAINTAIN AND REVIEW
APK performs the agreed accounting work and communicates when additional information or clarification is needed.
USE THE INFORMATION
Financial reports can then support tax preparation, planning and business decision-making.
Getting Started
Good accounting begins with complete information.
Depending on the engagement, APK may request access to or copies of various financial documents.
- QuickBooks Access
- General Ledger
- Trial Balance
- Chart of Accounts
- Bank Statements
- Credit Cards
- Loan Statements
- Receivables Reports
- Payables Reports
- Payroll Records
- Asset Information
- Prior Financial Statements
- Prior Tax Returns
- Other Documentation
You do not need to organize everything before contacting APK.
Tell us where the accounting stands today and what you need help improving. APK will provide instructions for securely sharing any necessary accounting information.
Why APK
Accounting connected to taxes and business decisions.
BROADER FINANCIAL PERSPECTIVE
APK works across bookkeeping, accounting, tax preparation and financial analysis, helping connect the different pieces of the business.
CLEAR COMMUNICATION
Financial information should be understandable, not buried in accounting terminology.
YEAR-ROUND SUPPORT
Accounting is most useful when it supports the business throughout the year, not only at tax time.
PERSONAL SERVICE
The accounting process starts with how your business actually operates.
CONNECTED SERVICES
As needs change, APK can also support tax planning, QuickBooks and financial analysis.
Accounting Services FAQ
Questions before getting started?
What is the difference between accounting and bookkeeping?
Bookkeeping focuses primarily on maintaining transaction-level financial records.
Accounting uses those records to support financial statements, reporting, tax preparation, analysis and broader financial understanding.
Does APK provide both bookkeeping and accounting?
APK provides bookkeeping and accounting services depending on the needs of the business.
Can APK prepare financial statements?
APK can provide applicable financial reporting based on the records maintained and the scope of the engagement.
Can APK help if my financial statements do not look right?
APK can review the existing accounting records and help identify issues that may require cleanup or additional investigation.
Can APK work with QuickBooks?
APK provides QuickBooks setup, cleanup and accounting support.
Can accounting help with tax preparation?
Reliable accounting records provide a stronger foundation for business tax preparation.
Can APK help me understand my profit and loss statement?
APK provides financial analysis services designed to help business owners better understand profitability, expenses, cash flow and other financial information.
Do I need an in-house accountant if I work with APK?
That depends on the size and complexity of the business.
APK can provide accounting support for businesses that may not need or want a full internal accounting team.
Can APK help with accounts receivable and accounts payable?
APK offers accounting and bookkeeping support that may include receivable and payable tracking depending on the scope of the engagement.
How much do accounting services cost?
Fees depend on the complexity of the records, transaction volume and scope of services.
APK can review the business and recommend an appropriate engagement.
How do I get started?
Select Get Started, explain how your business currently manages accounting and tell APK what financial support you need.
Related Business Services
Accounting becomes more useful when the financial pieces connect.
BOOKKEEPING
Maintain current, organized transaction records.
Explore Bookkeeping →QUICKBOOKS SERVICES
Set up, organize and improve the accounting system behind your reports.
Explore QuickBooks Services →BUSINESS TAX PREPARATION
Use reliable accounting information to prepare business tax returns.
Explore Business Tax Preparation →BUSINESS TAX PLANNING
Use current numbers to plan before filing season.
Explore Business Tax Planning →FINANCIAL ANALYSIS
Go beyond the statements and understand what the numbers are telling you.
Explore Financial Analysis →Accounting Resources
Understand the numbers behind your business.
Need A Clearer Financial Picture?
Turn your accounting records into information you can use.
Tell APK how your business manages its financial records today and where you need more clarity. We can help you build a stronger accounting foundation for taxes, reporting and better decisions.
Accounting support designed to help growing businesses maintain reliable financial information and understand the numbers behind their operations.