Profit Mastery
- ERJ Services
| Bookkeeping Compliance & Other Miscellaneous Services |
| Post all business banking transactions |
| Post all business credit card transactions |
| Monthly bank and credit card reconciliations |
| Monthly financial reporting |
| Quarterly financial review |
| Profit First instant snapshot annually |
| Prepare annual 1099s [unlimited] |
| Profit First Implementation |
| Profit First complete profit strategy blueprint |
| Bi-monthly profit allocation calculation |
| Assessment of expenses to determine if anything can be minimised |
| Monthly Strategy Meetings |
| Quarterly Profit Reviews – Profit Strategy Blueprint Review & Profit Distribution |
| Year End Profit Review- Financials and Profit Assessment. New Profit Strategy Blueprint and Next Year Goal planning. |
| Tax Preparation/Compliance |
| Prepare Personal Tax annually |
| Prepare Business Tax Return annually (Schedule C, 1065 or 1120-S) |
| Provide Insights on basic Tax Questions/Issues |
| Calculate Quarterly Estimated Payments |
| Respond to all IRS and State notices |
| Provide audit representation and protection |
| Tax Planning |
| Provide indepth Tax Planning Services annually |
| Payroll |
| Payroll processing (weekly, bi-weekly, or monthly) |
| Direct deposit payments to contractors |
| Advance Accounting |
| Make accounting entries to include accruals and prepayments |
| Create accounting entries by class |
| Business Advisory |
| Sales Forecast |
| Monthly Business Advisory Meetings |
| Lean Business Plan |
| Financial KPI Reporting |
| Benchmark Metrics |
| Financial Scenarios [up to 5] |
| Financial Health Checkup Reporting (SWOT) [quarterly] |
| Cashflow Projection Review [quarterly] |
| Budget setup and analysis [quarterly] |
| Accounts Receivable & Collections |
| Full Lender Ready Business Plan |
| Dedicated Account Manager |
| Competitive Analysis |
| Financial Review Meeting with Your Internal Team |
| Response Time [within 24 hrs] |