Every small business owner needs to know how their business is doing but it is so much more than the balance of your bank account.  At 10 Key Solutions we know that the last thing you want to worry about is your bookkeeping and accounting; after all you have more important things to do.  It is your job to keep the main thing the main thing and in most cases that is not bookkeeping and accounting.

This is where 10 Key Solutions comes in!!  On a monthly or quarterly basis we can reconcile your books to give you a clear picture of how your business is doing.  Having timely, relevant and accurate information is crucial to running your business.

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

• Reconcile your bank account
• Generate a balance sheet and income statement 
• Generate a cash flow statement  
• Maintain your general ledger
• Provide unlimited consultations

These are the all important tools for the Success of Your Small Business.  10 Key Solutions has a variety of services ready to help you with your Small Business and you can customize the services to meet your growing needs.

Bank Reconciliation

Reconciling your account each month allows you to...

• Identify missing checks and deposits or better yet extra checks and deposits, the first step in fraud prevention
• Insure that you have accounted for bank charges, auto debits and other recurring transactions and that you are working with the correct bank balance.
• Protect Yourself!  With Identity Theft on the rise it is important that you reconcile your bank account each and every month.  This is the first step in identifying unauthorized, fraudulent or forged checks presented to your bank and paid.  This is reason enough to reconcile each and every month!
• Feel Better. You will feel better knowing your accounts are in check.

Balance Sheet and Income Statement

Balance sheets and income statements are the most important element in analyzing the financial condition and performance of your business.  These tools are also used in providing financial information to potential lenders such as banks, investors, and vendors who are considering how much credit to grant you.

A balance sheet gives you a snapshot of your business' financial condition at a specific moment in time and the income statement gives you a look at the income and expenses of your business in relationship to your sales and revenue.

• See the financial strength of your business.
• Determine if your business is ready to grow and/or expand. Can your business handle the normal financial flows of revenue and expense? 
• Are your expenses in line with the income that you are generating?
• Are there areas that you can reduce expenses to increase the strength of your business?
• Identify specific items that are causing unexpected expenditure Track significant increases or decreases in cost of goods sold as a percentage of sales.
  Insure that you are staying on top of your income tax liability.

Cash Flow Management

• Manage your cash more effectively. Proper management of funds not only saves money, it makes money for you.
• See the strength of weaknesses in your cash reserves.
• See where the money is going - you see that you are profitable but the money is not in your checking account. 
• Determine if your business needs to slow down expenditures to prevent a cash shortage?

Maintaining your General Ledger

The general ledger is the foundation of your company's financial records.  Every transaction flows through the general ledger, a problem in your general ledger creates a problem in your financial statements; it is the domino effect.  Reviewing the general ledger monthly insures that problems do not creep up that can't be corrected and acted upon immediately; identifies any duplicate payments or unrecorded items.

Unlimited Consultations

We are your business partner and we are here for you!  We make ourselves available to answer questions you might have to insure that you fully understand how to interpret and utilize the financial information we provide. This is a part of our overall service to you, our customer, and is already included in our price.  Please be sure to call us whenever you have a question or concern.Every small business owner needs to know how their business is doing but it is so much more than the balance of your bank account.  At 10 Key Solutions we know that the last thing you want to worry about is your bookkeeping and accounting; after all you have more important things to do.  It is your job to keep the main thing the main thing and in most cases that is not bookkeeping and accounting.