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Craig R. Best Accounting Services

Memphis, TN, Riverside

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About

Best Accounting Services is an outsource, home base business.

We offer affordable bookkeeping, accounting and CFO consulting services to small business throughout the United States.

We are a virtual accounting business. That means you will have real time access to all your data, financial information, and reports.

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Q&As

DIGITAL BOOKKEEPING - We use QuickBooks Online for most of our clients. We also can remote into existing QuickBooks Desktop versions. We guarantee security of all financial information.

CFO SERVICES - With our specialized CFO Consulting Services, We will give you a complete overview of your business each month. We do this by proving thorough analytical reports, essential for management decision, and growing your business to the next level.

FINANCIAL REPORTING SERVICES - As a client, you will receive monthly financial statement packets which will include: Income Statement, Balance Sheet, and Cash Flow Statement.

Types of Services Offered:

ï‚— General Ledger Reconciliations
ï‚— Cash Flow Management
ï‚— Accounts Receivable
ï‚— Year-end Business and Sales Tax
ï‚— Accounts Payable
ï‚— Budget Preparation and Performance Analysis
ï‚— Month End Financial Statements
ï‚— CFO Consulting Services
ï‚— Ad Hoc Reports and Spreadsheets
ï‚— Monthly Performance Review
ï‚— Financial Indicators and Graphs
ï‚— Assist with Year End Audits

Accountants are a dime a dozen! A great accountant is hard to come by. It is important for businesses to have a great accountant , especially small businesses, because having someone you can trust and committed to your company makes all the difference. Running a business takes a lot of work. It takes a strong team to succeed. A great accountant would be someone who give you personalized attention. A great accountant will assist you with all your accounting needs. He will make sure all your accounting information is G.A.A.P compliant and accurate.

A great accountant is a professional who is experience and up to date on current accounting principals. He is able to answers to all of your best practice questions. A great accountant will have month and year-end financials with all the information you can use to make important business decisions.

It is an old saying that "you would do something you love for free". This is how I feel about accounting! Specifically, this is how I feel about helping . small businesses. Compiling, analyzing, problem-solving, organizing, communicating financial information is a passion of mine. I enjoy the day to day challenges that accounting offers.

What inspired me to start my own business was the fact that I knew I have talents and skills I can use to help others. I have always wanted to start my own bookkeeping and accounting service dedicated to helping small businesses. Right out of college, twenty-five years ago, I knew that this was something I wanted to do.

So for the next twenty-five years I dedicated myself in learning and enhancing my skills. I have worked hard in a number of industries as an accountant. But at this point of my life, I want to devote myself in building my own business by helping small business with my accounting skills. I am a great accountant! I want to work hard helping other entrepreneurs and their business to succeed.

With Best Accounting Services, you will get a personal touch. I will work with you directly. Distance is not an issue. With technological advancements the bridge between client and accountant has been gaped. Cloud base technology provide security and real time access to information and data.

I will be your go to person for all your issues, questions, or concerns. 24 callback and follow-up is my policy.

You can trust that all your business and trade information is kept confidential. I have a fiduciary responsibility to all of my clients. When we agree upon doing business, we will enter into a binding contractual agreement known as the "Service Agreement". In the Service Agreement, the Scope of Work will outline the tasks to be perform, the estimated number of hours per week or month, and the rate for services.

After the Service Agreement and Scope of Work is executed, the next phase would be to "On-boarding". On-Boarding is the process of gather information (i.e accrual vs. cash method of accounting), perform current accounting system assessments, implementation of Quickbooks Online (or remote access if current QBO user).

Please note: There are two assessments. The first initial assessment is to figure out how Best Accounting Services can be of assistance. And the second assessment is initiate the accounting plan and start the work.

Services

Bank Reconciliations, Accounts Receivables and Accounts Payable Collections and Payments Analysis, General Ledger Reconciliation, Journal Entries, Month end Financial Reporting, Full Service Bookkeeping using existing accounting software via remote access or Quickbooks Online.

Income Statement, Balance Sheet, and Cash Flow Statement with Financial Summary, Cash Flow Forecasting Reports, Budget to Actual Reporting, Break-Even Analysis, Labor Cost Management, Variable vs Fixed Expense Reporting, Debt Planning and Reduction, Trend Analysis, Grant Tracking Reports, Functional P&L, Audit Prep, Audit Lead

General Ledger Reconciliation, Balance Sheet, Income Statement, Custom Reports, Monthly Review of Company Performance, Fixed Asset Schedules, Prepaid Schedules, Investment Schedules, Ad Hoc Reports

Benefits include : increase productivity, better security of vital information, enhanced collaboration.