LC Accounting
LC Accounting
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Expert Accounting Services for Your Small Business

General Bookkeeping

Core Daily & Monthly Tasks

*Transaction recording (income, expenses, transfers)

*Bank and credit card reconciliations

*Accounts payable (bill entry, scheduling payments)

*Accounts receivable (invoice creation, customer statements)

*Vendor and customer management

*Expense categorization and receipts management

*Petty cash tracking

*Loan/credit line activity tracking

Financial Maintenance

 *Chart of Accounts setup & cleanup

*Month-end closing tasks

*Cash flow tracking and updates

*Fixed asset tracking (simple asset schedules)


Payroll

Payroll Processing

 *Employee payroll runs (weekly, biweekly, semimonthly, monthly)

*Contractor payments (1099 preparation at year-end)

*Time sheet collection and review

*Overtime and PTO tracking

Compliance

*Payroll tax calculation & filing

*State & federal payroll reporting

*Year-end W‑2 & 1099 preparation

*Payroll account reconciliations

Payroll System Management

*New employee setup   

*Termination processing   

*Benefit and deduction setup    


Financial Reporting

Standard Reporting

*Monthly financial statements

 ✳ Profit & Loss (Income Statement)

 ✳ Balance Sheet

 ✳ Cash Flow Statement

*Budget vs Actual reporting

*Custom management reports

Advanced Reporting

*KPI dashboards (AR Aging, AP Aging, Gross Proft, etc.)

*Industry-specific reporting (if applicable)

*Cash flow projections

Analysis

*Trend analysis

*Cost Analysis

*Profitability reporting


Tax Preparation & Compliance

Small Business Tax Services

*Sales tax filing & reconciliation

*1099 filing & vendor compliance

*Estimated tax payment reminders

Support for CPA/Tax Firms

*Year-end work papers preparation

*Trial balance cleanup

*Providing financials to CPA for income tax returns


Advisory & Client Services Department

Business Advisory

*Financial review meetings (monthly/quarterly)

*Cash flow planning

*Budget creation

*Forecasting

Process Improvement

*Accounting workflow design

*Internal controls setup for small businesses

*SOPs for financial processes


Cleanup & Catch-Up

Data Clean-Up

*Historical transaction cleanups

*Reconciliation of unreconciled accounts

*Fixing categorization errors

*Removing duplicate entries

Catch-Up Services

*Rebuilding missing or back-logged financial records

*Multi-year bookkeeping recreation

*Preparing books for tax filing or audit


Client Support & Administration

Client Management

*Onboarding & training

*Document requests & follow-up

*Regular communication and support

Internal Administration

*File organization (digital folders, secure portals)

*Workflow tracking & task management

LC Accounting, LLC

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