D. Michael Bartholomew, PC, located at 3212 13th Ave. No. in Texas City, offers individuals and business tax, accounting, payroll and consulting services tailored to their individual needs. Our accounting services can range from basic bookkeeping for small business to auditing a client’s accounts and records, We tailor our services to our client’s specific needs. We want to be your back office so you can concentrate on the front office, he says.
Many of his clients use Quick Books to do their own bookkeeping. For those clients, his office will provide guidance in using Quick Books and review their postings to make sure accounts are posted correctly. Other clients prefer to have his office to post their transactions and provide them with finished financial statements on a monthly, quarterly or annual basis.
A number of organizations have found it more cost efficient and convenient for his office to take care of all aspects of their accounting. For those clients, we cut checks to pay their bills, process their payroll, balance their bank accounts and provide monthly financial statements. In many our providing that service cost the client less than it would if they had to hire someone to perform that duty.
Many not-for-profit organizations that receive funds from a governmental agencies or private foundations are required to provide audited financial statements. Banks may also require businesses to provide reviewed financial statements as a condition of granting a loan. Review and auditing services are designed to provide some assurance about the fairness and accuracy of the financial statements. While a review of a client’s financial statements is less involved and provides less assurance than an audit, his office can provide either level of service.
Whether you do it yourself or have his office provide the accounting service, having accurate books and records is critical when it comes to doing your taxes. Many tax deductions are lost because of incorrect or missing bookkeeping entries, he says. Bartholomew adds that having bad bookkeeping records will be especially painful if the IRS comes calling. His office is always available to discuss the level of accounting service you may need in your organization. As always, his office never charges a fee for discussing providing a service to a client.