Fundamental Gain, LLC
McKinney, Texas, Collin
McKinney, Texas, Collin
Fundamental Gain, LLC is a North Texas based Virtual Accounting Firm that specializes in accounting for small to mid-sized companies as well as nonprofit organizations. We provide general ledger maintenance/recording, payroll processing, cash flow and budgeting forecasting, accounts payable & receivable functions.
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What kind of accounting services do you provide?
We provide general ledger maintenance/recording, payroll processing, cash flow and budgeting forecasting, accounts payable & receivable functions.
Why is it so important for businesses to hire a great accountant?
Businesses can not survive without proper cash flow management and having day to day knowledge of their financial position. A company who hires a great accountant is a company that will thrive and not just survive in the industry in which they service.
What do you love most about your job?
I love numbers! I love to create policies and procedures to ensure proper safeguards around the financial health of a company.
What inspired you to start your own business?
I believe when you own your own business you are able to be creative, innovative and a great asset to the marketplace.
Why should our clients choose you?
Clients should choose Fundamental Gain because we made a dedication to help entrepreneurs build their businesses, cut costs and find additional revenue streams in order to grow.
General Ledger Maintenance/Recording
The general ledger is an important tool for recording transactions and serves as the basis for a company’s financial statements. Maintaining the ledger is a priority, because business owners, managers and investors among other stakeholders rely on financial reporting to make decisions. We provide basic maintenance procedures to keep the general ledger reliable.
Cash Flow and Budgeting/Forecasting
A cash flow forecast is a plan that shows how much money a business expects to receive in, and pay out, over a given period of time. Cash flow forecasts aim to predict future financial liquidity over a specific period of time. We develop short and long term forecasts for our clients.
Accounts Payable Processing
The accounts payable process or function is immensely important since it involves nearly all of a company's payments outside of payroll. Regardless of the company's size, the mission of accounts payable is to pay only the company's bills and invoices that are legitimate and accurate. Our Payable processing will ensure efficiency and accuracy in order for the company's financial statements to be accurate and complete.
Accounts Receivable Processing
The accounts receivable process includes setting up procedures for extending credit, generating invoices, maintaining records of payments due and payments received, and performing accounting functions. Our goal is to ensure invoicing and cash receipts are applied in a timely fashion.
Bank Reconciliation
A bank reconciliation statement is a process that explains the difference on a specified date between the bank balance shown in an organization's bank statement, as supplied by the bank and the corresponding amount shown in the organization's own accounting records. Timely bank reconciliations are vital to the financial health of your company.
