One of the biggest challenges small business owner’s face is keeping up with the books. If your accounts aren’t set up and maintained, managing your business becomes impossibly hard. Your numbers must be current and accurate to ensure your income and expense reports are accurate.
Virtual Dawn uses Quickbooks by Intuit, Peachtree, or Creative Solutions Accounting to manage your bookkeeping. The bookkeeping available through Virtual Dawn include:
• Setting up new companies
• Creating your chart of accounts
• Setting up your employees and payroll items
• Issuing checks for payroll
• Setting up your EFTPS* account
• Making semi-weekly/monthly EFTPS payroll tax deposits
• Setting up your customers, including preferred payment and invoice delivery methods
• Issuing invoices for accounts receivable
• Accessing and downloading your bank and financial statements
• Entering checks and deposits, reconciling bank statements
• Entering credit card charges and payments, reconciling monthly credit card statements
• Issuing checks for accounts payable
• Reconciling accounts payable on a monthly/quarterly/annual basis
• Filing quarterly/annual payroll tax returns
• Issuing and filing year-end W2′s and 1099′s
• Calculating, filing and paying sales tax on a monthly/quarterly/annual basis
• Providing you with a monthly/quarterly/annual financial package
Electronic Federal Tax Payment System (EFTPS)*
The EFTPS is a service offered free by the U.S. Department of the Treasury to help business and individual taxpayers conveniently pay all their federal taxes electronically.
Please note: Virtual Dawn is not a Certified Public Accountant, and as such, is not licensed to certify corporate tax returns.
Virtual Dawn has recently added more comprehensive bookkeeping services. Until now, I was able to take care of a lot of the day to day books, but couldn’t handle the more complex issues related to tax, reporting, state filings, etc. Recently, Karla Pratorius joined the Virtual Dawn team. Karla offers complete bookkeeping services and gives my client’s access to someone with decades of bookkeeping experience.
Karla works with me to make sure my client’s income and expenses are detailed in an easy to read format that’s “CPA ready” for your year-end tax needs. In addition to working in every version of Quickbooks, Karla’s also familiar with Peachtree and Creative Solutions Accounting. She has over 30 years experience in both the private and public sectors. She’s worked with individuals, corporations, partnerships, and pretty much every sort of business accounting structure. She also has experience working in the banking and credit union arenas; and specializes in creating an accounting system to get new businesses off the ground.
