Bookkeeping - Every business starts with the best intentions; the paperwork and accounts in order, everything running smoothly, but as business grows; entrepreneurs often find themselves buried under a mountain of paperwork… If this is you, looking for help with your general bookkeeping requirements, imagine the peace of mind that comes from having your bookkeeping taken care of by the experts.
Accounts Payable and Receivable - The difference between accounts payable and accounts receivable is that accounts payable are amounts a company owes because it purchased goods or services on credit from a supplier or vendor, accounts receivable are amounts a company has a right to collect because it sold goods or services on credit to a customer. Accounts payable are liabilities. Accounts receivable are assets.
Financial Statements - Our professional and experienced accounting team will take the information entered during our contracted bookkeeping services, and produce all financial statements (balance sheet, income statement, cash-flow statement, statements of shareholders’ equity…) in compliance with the highest standards of quality for both profit and non-profit oriented businesses. There are four main financial statements.
Balance Sheets - showing what a company owns and what it owes at a fixed point in time
Income Statements - showing what money a company made and spent over a period of time
Cash Flow Statements - showing the money coming and going to or from the outside world
Statements of Shareholders’ Equity - showing changes in the interests of the company’s shareholders over time. .
Year End and Audit Prep - Professionally prepared audits, reviews and compilations are an essential step to building credibility and business security. Whether you’re seeking financing for your business, you’ve reached the threshold requiring an audit of your 401(k) plan, or you’re a nonprofit that has received significant government funding triggering a Yellow Book or A-133 audit, our Audit & Attest Team can meet your needs.
Payroll Services - Thankfully REGAL PLLC are here in Whatcom County to assist you with comprehensive yet affordable Payroll Services. When you can offload your payroll duties to the experts, you can focus on growing your business and doing the tasks you enjoy most. .