Stropes Accounting Service - Business Services

Business Forms

Stropes Accounting provides a wide range of accounting services for small to medium sized businesses. We can customize procedures and schedule around the specific needs of your individual business situation. Our business services can be provided on a daily to annual basis, or anywhere in between. We provide professional accounting services sparing you the expense of maintaining a full time expert on your staff. Our range of services includes bookkeeping, payroll and controller duties through preparation of financial statement and business tax returns.

Daily Services

• Record Sales Invoices
• Process Payments
• Record Purchase Orders
• Enter Bills
• Process Checks (as needed)
• Email/Follow up with customers and vendors

Weekly Services

• Process Payroll
• Make transfers to payroll accounts
• Report Liabilities
• Update Employee Records
• Report Accounts Payable Aging
• Report Accounts Receivable Aging

Monthly Services

• Prepare Reconciliations for Accounts (bank, PayPal, credit card, loans)
• Make Required Payroll Tax Deposits and Reports
• Prepare Sales and Use Tax Returns
• Make any adjusting entries needed

Quarterly Services

• All Monthly Bookkeeping
• Process Employer's Quarterly Federal Tax Return
• Process Quarterly Contribution Report
• Make Depreciation Adjustments (as needed)

Annual Services

• Process Employer's Annual Federal Unemployment (FUTA) Tax Return
• Process Employers Annual Reconciliation of WI Tax Withheld from Wages
• Prepare W2s and W3 for employees
• Prepare any required 1099s and 1096

Additional Services

• Financial Statements (Balance Sheet, P&L, Cash Flows or Custom Reports)
• Tax Return Preparation (Sch. C, 1065, 1120, 1120S)
• Tax Planning
• Business Plans
• Budgeting & Forecasting
• QuickBooks Setup & Training
• File Backup Services
• Create Procedures and Internal Controls

Business Setup

   Choosing the right business structure when starting your business can be the difference in thousands of tax dollars throughout the year. We can meet with you to discuss short and long term plans for your new company in order to determine the best structure for your specific situation. Business Setup for the following entities is available.

   • LLC (Limited Liability Company)
   • "S" Corporations
   • "C" Corporations
   • Partnerships
   • Sole Proprietorship

Along with setting up the structure of your business we will assist you in filing with the different government agencies to setup your FEIN, Payroll Tax Account Numbers, Sales Tax Account Number and any other required tax account numbers.