Why Choose Adaptive Accounting Group

Setting up your accounting software correctly is imperative to the correct functionality of your program. While initial set-up is crucial, time and patience is required and many find it to be too frustrating or confusing. Regardless of computer skill level, there are other issues that you may stumble across such as preparing beginning balances of your accounts, entering Customer and Vendor information to establish proper Workflows, determining what reports should be customized and created unique to your business, and so much more... Our team is here to help!

Adaptive Accounting Group can provide the service that is just right for your business.  By utilizing our service, businesses oftentimes find they have both saved and are able to organize their financials with the accounting and money-management tools available for small businesses from start-up to more established corporations.  We can help  streamline processes for all company money matters to maximize efficiency, generate reports that can be imported and exported into Microsoft Excel and Google Sheets for easy presentation, and so much more....

Each month or quarter we can do the following things for you... 

1. Reconcile your bank account 
2. Generate an income statement 
3. Generate a balance sheet 
4. Clean up your general ledger 
5. Provide unlimited consultations, and so much more....

These tasks form the solid foundation of your accounting system. You can customize the package of services you receive by adding payroll and any of our other services.

The general ledger is the core of your company's financial records. These records constitute the central "Books" of your system. Since every transaction flows through the general ledger, a problem with your general ledger throws off all your books.

Having us review your general ledger system each month allows us to hunt down any discrepancies such as double billings or any unrecorded payments. Then we'll fix the discrepancies so your books are always accurate and kept in tip top shape.

We are always available to spend time with you so you fully understand how to interpret and utilize the financial information we provide. Our consultations are already included in our price, so please feel free to call us whenever you have a question or concern. 

If you'd like to receive a Free Consultation on our Small Business Accounting Service, please complete the form on the Contact Us page.

One of the most important tasks for you as a small business owner is growing your business.

Adaptive Accounting Group  will work with you to determine the package most favorable to your business. After establishing a package unique to your business, we will assign a specialist exclusively to your account who will contact you at your convenience to inquire about additional information we may need for a smooth and successful transition.

Balance Sheets, along with income statements, are the most basic elements in providing financial reporting to potential lenders who are considering how much credit to grant you.  Balance Sheet and Income Statements allow you to...

• Track revenues and expenses so that you can determine the operating performance of your business. 
• Determine what areas of your business are over-budget or under-budget. 
• Identify specific items that are causing unexpected expenditures. Like phone, fax, mail, or supply expenses. 
• Track dramatic increases in product returns or cost of goods sold as a percentage of sales. 
• Determine your income tax liability.  
• Quickly get a handle on the financial strength and capabilities of your business. 
• Identify and analyze trends, particularly in the area of receivables and payables. 
• Determine if your business is in a position to expand. 
• Determine if your business can easily handle the normal financial ebbs and flows of revenues and expenses? 
• Determine if you need to take immediate steps to bolster cash reserves? 
• Determine if your business has been slowing down payables to forestall an inevitable cash shortage?
  

Reconciling your business bank and credit card accounts each month allow us to keep your bank account, accounting, and taxes current just in time for tax season!  Having us reconcile your account each month allows you to... 

• Identify lost checks, lost deposits and unauthorized wire transactions. 
• Detect and prevent excess/unjustified bank charges and ensures transactions are posted correctly by your bank. 
• Detect and prevent embezzlement of funds from within your company. 
• Know how your business is doing? You can't really know unless all accounts are reconciled and properly accounted for on your financial statement. 
• Manage your cash more effectively. Proper management of funds not only saves money, it makes money for you. 
• Protect yourself. By timely reconciling and promptly objecting to your bank about any unauthorized, fraudulent or forged checks presented to your bank and paid by that bank, you can relieve your company of responsibility for the shortfall and transfer the risk to the bank. This reason to reconcile alone should be enough. Crime exists. 
• Sleep Better. You will sleep more peacefully at night knowing your bank accounts are reconciled, in balance and that all escrow funds, accounts, checks and disbursed funds are properly accounted for.