Our expert team combines traditional bookkeeping practices with modern accounting methods to provide a comprehensive solution tailored to your business needs.

For cash-based transactions, we ensure meticulous recording of every financial exchange in real-time, giving you an up-to-the-minute overview of your liquidity. On the accrual side, we handle complex transactions, offering insights into your long-term financial health.

Our service goes beyond data entry – we interpret your financial story, offering strategic advice to optimize cash flow, manage expenses, and plan for future growth. With our cutting-edge technology and experienced professionals, you can trust us to keep your financial records accurate, compliant, and ready for any challenge.

Experience the peace of mind that comes with knowing your financial foundation is strong. Choose our Cash & Accrual-Based Bookkeeping & Accounting Service and let us empower your business with precision and foresight.

Cash Basis Bookkeeping:

Maintaining a clear and up-to-date record of your financial transactions is essential for business success. Our Cash Basis Bookkeeping services ensure that your financial statements accurately reflect the cash inflows and outflows of your business. We handle day-to-day transactions, including:

• Sales and Purchases: Recording sales and purchases promptly to maintain a real-time overview of your cash position.
• Expense Tracking: Categorizing and tracking all business expenses to facilitate budgeting and financial planning.
• Bank Reconciliation: Regularly reconciling your bank statements to identify and rectify any discrepancies.

Accrual Basis Accounting:

For a more comprehensive view of your financial health, our Accrual Basis Accounting services provide a detailed analysis of your business’s economic activities. This method recognizes revenues and expenses when they are incurred, regardless of when the cash is exchanged. Our services include:

• Revenue Recognition: Properly accounting for revenue when it’s earned, providing a more accurate picture of your business’s financial performance.
• Expense Matching: Aligning expenses with the revenue they generate to reflect a true representation of your profitability.
• Financial Statements Preparation: Producing accurate income statements, balance sheets, and cash flow statements to support strategic decision-making.

Get Started Today!

Unlock the full potential of your business with our Cash and Accrual Basis Bookkeeping and Accounting services. Contact Orange County Accounting to discuss your needs and discover how we can help you achieve financial success.