BUSINESS ACCOUNTING SERVICES

Your Business Matters

Real Finance Group LLC is a one stop shop for all of your accounting functions to help boost your revenue by saving on overhead costs up to 30%. By partnering with our diverse, professional team, our approach is to provide an assessment to customized strategy for options and accommodate your immediate fiscal needs with a consistent support system. We prioritize results in the accounting functions for financial management and reporting for growth or sustainability. Below you will find a list of our most common services that we provide for any business including Non-Profit organizations. In addition, we provide outsourced CFO Services.

Month End Close

The month-end close process includes reviewing the company's balance sheet, intercompany trades, journal entries, and other documents (like bank statements, income, and expenses) and reconciling them.

Execute routine month end close procedures consistently.
Assess to improve transactional processes for efficient period close due date`
Balance Sheet and schedule reconciliations
Bank Reconciliations

Accounts Payable

Accounts payable (AP) refer to a company's short-term obligations owed to its creditors or suppliers, which have not yet been paid.

Process vendor invoices to General Ledger per the client's existing chart of accounts and software.
Payments are delivered electronically or via check processing.
Utilize standard procedures and invoice schedules to verify total expenditures on time for month end close
Generating and processing of 1099's

Account Receivable

Accounts Receivable (AR) is the proceeds or payment which the company will receive from its customers who have purchased its goods & services on credit.

Process and send customer billing and statement follow up
Apply customer payments to Accounts Receivable
Collection follow up on open invoices
Deposits and payment processing

Account Reconciliation

A business must reconcile each ledger account to generate accurate financials, and there are many types of reconciliation, including bank account reconciliation.

Bank Account Reconciliation (determines cash on hand in checking and savings accounts)
Business-Specific Account Reconciliation (involves balancing unique transactions related to specific activities, such as calculating inventory value for stock held in storage for future sale)
Customer Account Reconciliation (accounts receivable, reflects payments and charges to revolving customer accounts)
Financial Accounts Reconciliation ( confirms cash withdrawn equals cash spent, and cash deposited equals cash received for business activities)
Inter-Company Reconciliation (tracks moving money internally between various accounts)
Vendor Account Reconciliation (accounts payable, reflects amounts charged, but not yet paid for products and services)

HR / PAYROLL PROCESSING

Payroll

Payroll, the cornerstone of any company, cannot always be managed effectively by business owners alone. Services we provide include:

In-house or 3rd party processing
Timesheet processing
Payroll Tax Filing
Payroll Tax Planning
Payroll Reporting

Human Resources Administration

Human Resource (HR) administration refers to the managing of human capital within an organization or industry.

Benefit Administration
On-boarding / Off-boarding
Offer letters & job descriptions
Interview Support
Salary Benchmarking
WC Audits / Classifications
Pension Audits

TAX SERVICES

Tax Returns

We specialize in tax filings for all business types. Confusing terminology makes checking the right boxes on your do-it-yourself tax preparation software challenging. And changes in the law from year to year creates even more confusion. We are experts at tax preparation for:

LLC

S-Corp

C-Corp

Associations / Worker Co-Op

Sole Proprietors

Partnerships

Non-Profits

Generating 1099's

Tax Planning

Would you like to maximize your tax savings? We are experts in tax codes and always stay up to date with the yearly changes. Our tax planning service is designed to minimize your tax burden and truly help you plan and achieve peace of mind.

We go beyond tax compliance and proactively recommend tax saving strategies to maximize your after-tax income.