NELSON ACCOUNTING SERVICES
Helping Small Businesses Adapt
MAKING A DIFFERENCE
Full-charge bookkeeping often isn’t enough. Many firms suffer from bulky legacy accounting practices culminating in tedious and expensive adjustments by CPA’s at tax time, or when producing financial statements for third parties. Nelson Accounting Services (NAS) has assisted Professional sole-proprietors, family offices, small non-profits and other developing businesses manage their unique challenges by untangling complex back offices and adopting greater efficiencies through new or existing technologies many aren’t aware exist.
Whether you use QuickBooks®, or Yardi Voyager® for real estate management, NAS can rebuild or service your immediate bookkeeping needs by untangling the many problems encountered by small offices and enlisting improvements introduced by new technologies. Let Nelson Accounting Services, a QuickBooks ProAdvisor®, unleash this power for you and set you on a course for better results.
NELSON ACCOUNTING SERVICES TAILORS SERVICES AROUND THE NEEDS OF OUR CLIENTS.
Professional sole-proprietors or S-Corps:
Busy professionals often have limited accounting needs, but timeliness of information is important. Service needs usually include bank reconciliations, invoicing clients, paying a limited number of vendors, tracking estimated tax payments, documenting and applying expenses to specific projects/clients and desiring mobile access to all their financial information. NAS can tailor services for these limited needs, providing software and support at affordable prices. Many sole-proprietors may find the new tax legislation, passed in December 2017, favoring a transition to a more formal structure. NAS can assist in determining whether this would be beneficial and assist in the filings and setup of any new entity. Professional packages begin at $159 per month.
Family Offices, Real Estate Investment Groups, Small Manufacturers & Retailers:
Small offices trying to track investment returns, issue capital calls, make quarterly profit distributions, invoice clients or maintaining payables and monitor cash flow, often find themselves distracted from pursuing profitable new business by these easily outsourced tasks. Let NAS assist, either by serving as your remote out-sourced accountants, or by providing in-office professionals, as needed. Technology has made remote services ever more practical, let us evaluate whether this makes sense for you. Contact us to explore options, we provide a free consultation to assess whether we can help improve your office efficiency. Payroll services are also offered.
Non-Profits and Organizations Requiring Annual Audits:
Whether it's assisting non-profit entities with the challenges of implementing specific financial statement requirements or managing their annual audit process for maximum efficiency and lowest cost, Nelson Accounting Services can make a difference. Classifications and a specialized chart of accounts should support financial statement generation as well as budgeting endeavors. Directors and Board Oversight Members know audits and timely dashboard reports don't come cheap, especially if you're constantly behind in postings. NAS can provide services in preparing for and liasing with auditing firms, closing the books monthly and providing information in a concise and prudent manner. Contact us for information on free consultations, we may even help you get a reduction in your audit fee.
PROFESSIONALS AND S-CORPS
Monthly Remote Package:
Includes:
Subscription to an on-line accounting package
Tailoring a customized Chart of Accounts and classifications for your needs
Establishment of a virtual file room for document exchange
Tax-line establishment for easy transfer to electronic tax return software
Perform bank and credit card reconciliations and cashflow analysis
Apply client invoices and mail, prepare Payables for payment
Provide real-time estimated tax liabilities and tax vouchers
Support and training, if required
Call us at (310) 847-0727 with your additional questions
FAMILY OFFICES AND REAL ESTATE INVESTMENT GROUPS
Remote or On-site:
Small family offices and real estate investment groups using partnership structures have sprouted up since 2008 as renting has grown more prominent and financing remained relatively cheap. Often, real estate investment groups have grown out of an entrepreneurial minded group of professionals seeking independence and a lighter-touch lifestyle. They've invested wisely and grown assets under management by inviting new co-investors to join. Accounting for these complex partnership strategies, sometimes using 1031 exchanges, can be daunting. With the constant challenge of issuing capital calls, quarterly distributions and YE K-1's, it becomes challenging for many small offices. Why not let NAS assist by designing and performing these functions for you? Let us help you leverage your time into looking for that next profitable investment versus performing back-office tasks.
NON-PROFITS
Accounting Design and Audit Assistance:
Nelson Accounting Services can make a difference with your annual audit requirements. If you're always rushing to close books and struggling through providing your auditors with all their requested material, let NAS be a liaison, providing a solid close to your annual financial statements and informed responses to the audit team which often save time and money. Classifications and a specialized chart of accounts should support financial statement generation as well as budgeting endeavors. Let us help in assessing whether these basic tools have been designed well to generate the reports needed to inform your board, staff and auditors.
CONTACT US
