Packages that Work for Your Business

Just like a traditional CFO, we know every business has unique financial and accounting needs. That’s why Kimcox offers tiered packages – all of which can be customized to better suit your business – to get you started with your accounting, business consulting, bookkeeping, payroll, and compliance needs.

Looking for more or different services than the ones listed here? Contact us to create a package that fits your needs.

Professional Bookkeeping Services Basic Standard Complete
Dedicated Bookkeeper X X
Monthly Transaction Entry X X -
Weekly Transaction Entry - upgrade X
Semi-Weekly Transaction Entry - - upgrade
Monthly Bank, Credit Card, and Loan Reconciliations X X X
Reconcile Electronic Transactions in QuickBooks X X X
Quarterly Financial Reports X - -
Monthly Financial Reports w/Enhanced Reporting - X X
KPI and Advanced Custom Reporting - upgrade X
Accounts Receivable & Payable Reconciliation - X X
Accounts Receivable:Process customer invoices and payments - add-on X
Accounts Payable:Process bills and payments - add-on X
Receipt Tracking and Management - add-on X
Compliance Services Basic Standard Complete
Full Service Payroll and Reporting - add-on add-on
Sales Tax Preparation and Filing - add-on add-on
Process Form 1099s add-on X X
Annual/Periodic Report Filing Only add-on add-on add-on
Registered Agent Services & Annual/Periodic Report Filing add-on add-on add-on
Advisory Services Basic Standard Complete
Dedicated Advisor - X X
Fractional CFO Services - X X
Periodic Management Meetings - X X
Budgeting and Forecasting - add-on add-on
Unlimited General Business Consultations X X X
Team Training and Assistance - add-on add-on
Tax and Tax Planning Basic Standard Complete
Kimcox Tax Planning add-on add-on add-on
Business Tax Preparation add-on add-on add-on
Individual Tax Preparation for Owner add-on add-on add-on
Software and Subscriptions Basic Standard Complete
QuickBooks Online Subscription X X X
Third-Party Software Support add-on add-on add-on
QuickBooks Time add-on add-on add-on
QuickBooks Payroll - Client-managed add-on add-on add-on
ADP Payroll - Client-managed add-on add-on add-on

X means included in a package
–  means excluded in a package

More About Business Accounting Services

Small Business Accounting

As a small business owner, you have more important things to do than keep your financial records organized. We take care of your books so you can get back to running your business and generating profits!

But we also understand that every business has a budget, so we offer appropriate accounting packages for specific financial needs.

​Depending on the package you choose, each month or quarter we’ll assist you and/or prepare the following items for you:

  • ​Reconcile your bank account
  • Generate an income statement
  • Generate a balance sheet
  • Clean up your general ledger
  • Provide Unlimited General Business Consultations

​These tasks form the solid foundation of your small business accounting system. You can customize your package of services by adding payroll, sales tax, QuickBooks Software, or any of our other accounting services.

Income Statement

An income statement, otherwise known as a profit and loss statement, adds an itemized list of all your revenues and subtracts an itemized list of expenses in order to put together a profit or loss for the period.

 An income statement allows you to:​

  • Track revenues and expenses so you can determine the operating performance of your business. 

  • Determine what areas of your business are over or under budget. 

  • Identify specific items that are causing unexpected expenditures, such as advertising, postage, utilities, or supplies expenses. 

  • Track dramatic increases in product returns or the cost of goods sold as a percentage of sales. 

  • Determine your income tax liability.

Maintaining a Clean General Ledger

The general ledger is the core of your company’s financial records. These records constitute the central “books” of your system. Since all transactions flow through the general ledger, a problem with your general ledger throws off all your books.

Having us review your general ledger system regularly allows us to find any discrepancies. If we do, we’ll correct them so your books are always accurate and in tip-top shape.

Unlimited General Business Consultations

We are always available to talk with you to ensure that you fully understand how to interpret and utilize the financial information we provide. Our consultations are included in our price, so please feel free to call us whenever you have a question or concern!

Bank Reconciliation

Reconciling your business checking account each month allows us to keep your bank account, accounting, and taxes up to date.

Having us reconcile your account each month allows you to:
 

  • Identify lost checks, lost deposits, and unauthorized wire transactions.
  • Detect and prevent excess or unjustified bank charges and ensure transactions are posted correctly by your bank.
  • Detect and prevent the embezzlement of funds from within your company.
  • Always have an accurate picture of how your business is doing. You don’t know until all accounts are reconciled and properly accounted for on your financial statement.
  • Manage your cash more effectively. Proper management of funds not only saves money, but it also makes money.
  • Protect yourself. Reconcile and promptly object to your bank about any unauthorized, fraudulent, or forged checks presented to and paid by that bank. By doing this, you can relieve your agency of responsibility for the shortfall and transfer the risk to the bank. Crime is prevalent, and it’s important to be proactive about protecting yourself.
  • Feel better. You will feel better knowing your bank accounts are reconciled and in balance, and that all accounts, checks, and disbursed funds are properly accounted for in your system.

Balance Sheet

A balance sheet gives you a snapshot of your business’s financial condition at a specific moment in time.

 A balance sheet helps to:

  • Illustrate the financial strengths and capabilities of your business. 

  • Identify and analyze trends, particularly in the area of receivables and payables. For example, if your receivables cycle is lengthening, it may be time to collect more aggressively. 

  • Determine if your business is in a position to expand. 

  • Determine if your business can easily handle the normal financial ebbs and flows of revenues and expenses.  

  • Determine if you need to take immediate steps to bolster cash reserves.

  • Determine if your business has been slowing down payables in order to forestall an inevitable cash shortage.

​Balance sheets, along with income statements, are the most basic elements in providing financial reporting to potential lenders such as banks, investors, and vendors who are considering how much credit to grant you.

"Chris Cox of Kimcox Inc. has been a blessing! I started a new business 2 years ago and struggled for the first year to get my books in order. Chris was referred to me around December 5th of 2018 and within days he had everything figured out. He has made my life so much easier, especially with Colorado sales tax filings. Uggh…Colorado is especially difficult. On top of that, he is a pleasure to work with and talk to on the phone. I don’t know what I would do without him!"

–Gabrielle

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