Our firm can perform the day-to-day operations to support entities of all sizes. From companies of sub-ten employees to companies of over 200 employees, Love Accounting & Consulting Services, LLC can provide a complete solution or assist your internal staff with a service offering that matches the needs of your firm. These include:
Accounting
  • Establish and maintain a general ledger
  • Process Accounts Payable
  • Calculate and process Accounts Receivable
  • Process Time & Expense Reimbursements
  • Prepare all journal entries on a monthly basis, including but not limited to:
    • Depreciation Entries
    • Accrual Entries
    • Deferred Revenue
    • Allocations
    • Payroll
    • Expense reimbursement
  • Prepare monthly reconciliations, including but not limited to:
    • Cash
    • Payroll
    • Corporate credit cards
    • Time & Expense software
    • Intercompany/Related party receivable/payables
  • Process payroll through a third-party provider
Accounting System Implementation
  • Work with senior manage to selecting the accounting software that best matches your company‚Äôs needs.
  • Coordinate with senior management, software vendor, and all other interested parties to develop timelines to ensure that a successful system conversion occurs
  • Develop the general ledger to ensure all of your GAAP, Tax, and management reporting needs are met.
Reporting
  • Weekly cash balance and activity reporting
  • Cash forecasting and budgeting
  • Monthly management reporting
  • Unaudited Financial Statements
  • Financial Statement workbook and supporting schedules
  • Preparing Audited Financial Statements and footnote disclosures (entity organization information, valuation policies, fee arrangements, related party transactions, etc.)
  • Liaise with the auditors throughout the audit process
Other Services
  • Vendor price negotiations
  • Account opening and formation
  • 1099/1096 Reporting
  • Commercial Rent Tax Filings