About.
Selena has over 20 years experience, working with many different types of companies, managing the individual needs and challenges in a seamless and professional manner. She has an impeccable work ethic and goes beyond and above for her clients.
Area of Expertise
01
Accounts Receivable
Designed to help businesses manage and optimize the collection of payments owed to them by their customers. These services are essential for maintaining healthy cash flow, reducing the risk of bad debts, and ensuring timely payment
-Invoicing and Billing
-Payment collection
-Aging Report & Account Reconciliation
-Accurate Cash Applications
1
02
Accounts Payable
Accounts Payable (AP) services refer to the processes and systems businesses use to manage and track the money they owe to suppliers, vendors, and creditors. Efficient AP management is crucial for maintaining good relationships with suppliers, ensuring timely payments, and optimizing cash flow
-Invoice Processing
-Data Entry and Recording
-Payment Processing
-Vendor Management
-Expense allocation & Reporting
-Account Reconciliation
-Cash Flow Management
03
Tax Preparation
Tax preparation is the process of preparing tax returns, ensuring compliance with tax laws, and minimizing tax liability through deductions, credits, and other planning strategies. A Profit and Loss (P&L) Report (also called an income statement) is a key financial document used in tax preparation, especially for businesses. It provides a summary of a business’s revenues, costs, and expenses during a specific period, typically a fiscal quarter or year. This report plays a crucial role in determining taxable income, which directly impacts the taxes owed.
-Calculation of Taxable income
-Identifying deductible business expenses
-Revenue and income Reporting
-Quarterly & Year-end Tax Reports
04
Bank Reconciliations
Bookkeeping services include reconciling a business’s bank statements with its internal records to ensure that all transactions are accounted for. This helps identify discrepancies, errors, or fraudulent activities.
Credit Card Reconciliation: reconcile credit card statements with internal records to ensure expenses are recorded accurately and any discrepancies are resolved.
05
Compliance and Audit Support
Audit Preparation and Support: In the event of an audit, bookkeepers prepare the necessary documentation, provide detailed financial records, and help address any discrepancies or issues raised by auditors.
Regulatory Compliance: Bookkeepers ensure that a business is complying with all relevant financial regulations, including tax laws, labor laws, and industry-specific standards.