Every small business in Miami deserves to have a dedicated bookkeeping and accounting team. Our U.S.-based experts do your day-to-day bookkeeping, compliant tax filing, painless https://www.bookstime.com/ payroll processing, and more. All with a human touch and tech that integrates with your platforms seamlessly. Xendoo moves quickly so you can make informed decisions faster.

• Partner with a team of experts that care about you and your business.
• We strive to provide a fulfilling client experience that adds value to your business and exceeds your expectations.
• Ensuring that your employees are paid on time and accurately is critical to retaining top talent and keeping your business running smoothly.
• Our real, human bookkeepers combine their expertise with advanced technology to keep your books up-to-date, ensuring that each business in Miami is on top of its financial health.
• DCC Accounting is an incredible resource for my business in managing the daily financial aspects, while ensuring tax compliance.
• The applicant must live locally, as this role is an in-office role.
• Xendoo and the Xero accounting platform work hand-in-hand to integrate seamlessly with virtually all of the cloud software used by Miami small businesses today.

Miami’s Premier Bookkeeping Team

We are on top of the changes in your needs, and will proactively guide you through the growth process. Elena is the firm’s Client Service Manager and is always assisting clients by providing quality and prompt service… Elena is a full charge accountant with vast knowledge of accounting for several industries and is also our in-charge pay… Like any other business that wants to prosper and grow, your accounting and bookkeeping assignments must be managed with great care and efficiency. Stress-reducing virtual bookkeeping saves money, time and office space.

Small Business Consulting and Accounting Solutions.

The entities falling under the Cherry Bekaert brand are independently owned and are not liable for the services provided by any other entity providing services under the Cherry Bekaert brand. Our use of the terms “our Firm” and “we” and “us” and terms of similar import, denote the alternative practice structure of Cherry Bekaert LLP and Cherry Bekaert Advisory LLC. Cherry Bekaert LLP, one of the largest CPA and consulting firms in the nation, is… Nationally recognized public accounting and advisory firm Cherry Bekaert LLP (“the Firm”) is excited to… Our team has a variety of clients who run a « profit first » accounting system.

Showing: 279 results for Bookkeeping Services near Miami, FL

No more mad dash to get organized for income tax day, or filing extensions when you fall behind. Plus, we’ll keep you in compliance with sales tax regulations in Miami and Florida. If your bookkeeping is in arrears, our catch-up services will get you up to speed—without hassle or judgment.

Our Miami accounting and tax firm brings over 40 years of experience that set us apart when we sit down with our clients and show them the health of their business through their financials. Your Bookkeeping Department specializes in simple, flexible, convenient and cost effective virtual bookkeeping solutions for small businesses, including expenses, collections and back office activity. Whether you have one employee or 30 and growing,our virtual bookkeeping services can help you organize and take the load off daily bookkeeping tasks, no matter where you’re located.

• Elena is a full charge accountant with vast knowledge of accounting for several industries and is also our in-charge pay…
• Our Government & Public Sector professionals offer advisory, consulting, financial and audit & accounting services…
• We understand the importance of accuracy when it comes to bookkeeping.
• Every service to save you money at tax time, with access to a CPA all year.
• Our Miami accounting and tax firm brings over 40 years of experience that set us apart when we sit down with our clients and show them the health of their business through their financials.

Services Search

Whether you need a consult for a business expansion/acquisition or help with a 3-5 year forecast, we can provide a wide range of CFO level services. Consider this your fractional CFO service if your business isn’t ready for a full time CFO. Let our experienced team of accountantshelp you with all of your bookkeeping and financial management needs.

Marcum LLP’s Miami, FL Assurance Services division provides independent audit, attestation and transaction advisory services to both publicly traded and privately owned companies in a wide variety of industries. Cherry Bekaert LLP and Cherry Bekaert Advisory LLC practice in an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable law, regulations and professional standards. Cherry Bekaert LLP is a licensed independent CPA firm that provides attest services to its clients, and bookkeeping services miami Cherry Bekaert Advisory LLC and its subsidiary entities provide tax and business advisory services to their clients. Cherry Bekaert Advisory LLC and its subsidiary entities are not licensed CPA firms. Marcum LLP is a national accounting and advisory services firm dedicated to helping entrepreneurial, middle-market companies and high net worth individuals achieve their goals. Since 1951, clients have chosen Marcum for our insightful guidance in helping them forge pathways to success, whatever challenges they’re facing.

SINCE 2011, WE’VE BEEN SUPPORTING BUSINESSES

You shouldn’t have to wait days for an accountant to return your call. Your Xendoo team will respond right away—like we’re there in your Miami office with you. Xendoo’s online tools work with your platforms to give you up-to-date financial reports when you need them. Tax packages include tax prep, filing, and consulting, too. Finding the right bookkeeping service in Miami shouldn’t be difficult. We make it easy to get the help you need so you can focus on running your business with confidence, knowing your bookkeeping is in good hands.

Every plan comes with a dedicated bookkeeping team to handle your monthly books, and intuitive software to track your financials. From reconciling bank statements to fixing errors, or addressing backlogs, we can help with all of your Quickbooks bookkeeping needs. BooXkeeping is a nationwide provider of affordable outsourced bookkeeping services to small and medium-sized businesses. We understand the importance of accuracy when it comes to bookkeeping.

With Bench, you get a team of real, expert bookkeepers in addition to software. You’ll always have the human support you need, and a mobile friendly platform to access your up-to-date financials. « There is no greater joy I get than helping businesses and individual save on taxes and finances. »Jeanette T… Cherry Bekaert offers clients in the professional services industry proven solutions that can have a… Cherry Bekaert LLP, one of the largest accounting and consulting firms in the nation, first entered the Miami market in 2010 and expanded its presence in 2014 with the acquisition of the Miami office of CBIZ, Inc.

A grant will not include donations or contributions for unrestricted use or general operating support as these are not exchanged for any specific deliverables. Since they are project specific, they cannot be used to pay employees, compensate your board, or cover your organization’s operating costs. Grants often require an itemized invoice and proof from an independent auditor that there is no performance-related barrier. Grants can have a profound impact on your nonprofit’s financial statements if most of your revenue comes from grants.

Timely Reporting

Furthermore, an effective grant budget management system enables organizations to assess the financial performance of grant-funded projects, informing future budgeting and strategic planning. Implement a grant management process what is grant accounting to ensure that your nonprofit receives the necessary funding it needs to make a difference. Following the tips above will help your next application process run smoothly to create a more efficient grant application process.

When to Record Grant Funds

From understanding the grant process to improving workflows, find out how to create an efficient plan. Another good grant management practice is to develop comprehensive financial policies, outlining how funds will be managed, tracked, and reported. Understanding the intricacies of your grant agreement is the foundation of effective financial management and reporting.

FRS 102 and FRS 105: New revenue recognition rules

By the way, I did our own accounts for many years because I lost confidence in accountants. I won’t bore you with the reasons but I have built up a successful solvent business which employees people and I make no apology for being unqualified. We have no debt whatsoever apart from the money we owe our suppliers during the month, and all suppliers are paid on the dot at the end of each month. My accounts are dead easy to understand and have hardly any notes, which contrasts with the accounts prepared by professional accountants for another company on whose board I am a non-executive director. Very oddI don’t think you are correct and I think you may completely misunderstand the accounting entries for grant income.

This can be difficult because it must consider all of the expenses related to the grant. This is important because any mistakes could lead to the grant being rejected or delayed. This is because businesses must comply with certain regulations to receive government grants. Having outlined the key components of a grant accounting system, we’ll now focus on a practical approach. The following is a step-by-step guide to setting up an effective financial tracking system for grant management.

• SSAP 4 recognises that the term “government” is widely defined and as a consequence does not just include the national government as we know it, but its scope extends to government agencies and non-departmental public bodies.
• As this relates to tuition fee for the director, I have added it in the top half of the balance sheet after sales revenue as grant fee.
• Effective grant accounting is essential for ensuring financial transparency, compliance with grant requirements, and the effective management of grant funds.
• Understanding the intricacies of your grant agreement is the foundation of effective financial management and reporting.
• If your nonprofit organization receives a grant, you will need to demonstrate accountability for how that money is spent, which means you will need to use fund accounting to track those dollars.

• NGMA offers continuing professional education through the Certified Grants Management Specialist (CGMS) credential and Grants Management Body of Knowledge (GMBoK) training.
• By requiring detailed tracking and reporting of each expenditure, it becomes harder for funds to be misused or misallocated.
• Whether you’re dealing with conditional, unconditional, or reimbursable grants, following best practices can significantly enhance the efficiency and transparency of grant management.
• Government grants can be recorded under the Income approach since the grant revenue does not have to be paid back.
• However, you’ll need to record funding at different times depending on the type of grant so that it’s properly organized for reporting purposes.
• At one end of the spectrum, some grants may be totally free of any tax consequences, whereas at the other end of the spectrum, some grants are taxed as income on receipt.

IAS 20 — Accounting for Government Grants and Disclosure of Government Assistance

• Reimbursable grants can be a valuable source of funding, especially for organizations with strong financial management capabilities.
• Keep good communication with the grantor and be proactive in addressing any issues that may arise.
• Both of these roles play vital parts in an effective grant management process and often work together to achieve their desired outcomes of a successful grant lifecycle.
• The importance of a dedicated system lies in its ability to provide a real-time overview of financial performance across multiple grants, ensuring that funds are being used appropriately and within budget constraints.
• You will also want whatever system you use to have the capability of rolling up individual fund amounts into your overall fiscal year budget.

You will be able to track each grant separately, and the software will help you demonstrate transparency in how your organization spends the money it receives. You can also track every dollar your organization spends and show what area of your nonprofit it went to. Money can come from various revenue streams, such as donations or grants, which the nonprofit then has to show accountability for. Part of that transparency involves having various funds in their accounting structure, and those funds hold money for different areas or purposes in their organization.

Accounting considerations related to COVID-19 — Government assistance

• Think routine summary reports, budget vs. actual reports, and variance analysis—all of these can help your team identify any discrepancies or issues related to grant accounting.
• Reconciliation and reporting is about comparing actual expenditures against the allocated budget and reporting these findings to the funders.
• Regular accounting, while still needing to meet general financial reporting standards, does not have this additional layer of accountability to specific external stakeholders.
• Much of Stephen’s current work is in support of New York City based private developers and property owners and includes design engineering, cost and schedule planning, and construction inspection services.
• Your reply hits the nail on the head where you say that for Capital Allowances you deduct the grant from the cost of the asset.
• To demonstrate that the funds are used accordingly, your organization needs to appropriately report on your financial statements how those dollars are being spent.

To be successful, you should be strategic about the types of grants you will — and won’t — apply for. In the pre-award phase, you should identify the types of grantmaking opportunities that align with your organization’s mission and goals. You don’t want to waste time applying for grants that aren’t a good fit for who you are and what you do. You also don’t want to spend precious resources on grants that don’t help your organization thrive and grow. Connect with our team, and we’ll start by understanding your nonprofit’s goals, mission, and financial landscape. From there, we collaborate to develop a tailored funding strategy that unlocks the right grant opportunities for your organization.

CPE Webinar: Mastering Budgeting: Build Budget Reporting for…

Transparent accounting practices include providing clear, detailed financial reports and being open to audits or reviews. Accurately reporting your grants is critical for maintaining what is grant accounting compliance with funders’ requirements and government regulations for nonprofits. It also helps ensure transparency with your supporters about how your organization funds its mission.

• That just cannot be the case and as the article itself says the tax treatment does not dictate accountancy treatments.I won’t comment further on this because your « method » just is not right.
• GrantSpace, a service of the Foundation Center, offers tools and resources to help nonprofits succeed in securing grants.
• He has served numerous municipal clients, including NYCDDC, NYCSCA, NYCEDC, NYCHA, and the NYS Air National Guard.
• Since they are project specific, they cannot be used to pay employees, compensate your board, or cover your organization’s operating costs.
• Eugen Cela has over 16 years of experience in construction and geotechnical engineering for a wide array of projects from private sector to government agencies.
• Having an independent audit team review your records related to the grant can help protect your organization from any unforeseen problems.

Ensuring Proper Use of Funds and Project Success

Proper grant accounting is more than just about complying with funder requirements. It is also a tool that can significantly contribute to the success of grant-funded projects. Grant accounting centers around the financial tracking of funds received through grants. The Grant Analyst will understand sponsor requirements and interpret guidelines for the Principal Investigators and departmental research administrators and provide advice to support post award transactions.

This plan serves as a roadmap for the project’s implementation and a reference point for monitoring real-time progress and making necessary adjustments. Another important grant financial management practice is to maintain separation between grant funds and your organization’s general operating funds. Aplos offers robust reporting so you can clearly show how money from a grant fits into the revenue your organization receives. You can also create multiple layers of reporting using tags that track grant funds, expenses, and initiatives. They will allow you to show the required details without using multiple spreadsheets to display the information you need.

This phase is important to the overall organization of the grant lifecycle as the objective is to collect information and disseminate it to grantmakers. Without a clear plan of action, you could end up losing time that could otherwise be spent on your organization’s mission. The process is essential to the overall success of new grant funding and can help you, the grant seeker, organize information in order to efficiently apply for grant proposals. Explore the outline of each key step from initial research to final reporting, offering detailed guidance, related resources, and best practices throughout each stage.

Free Recorded Webinar: Advanced Tips for Budgeting

When managing grant finances, ensure that expenses charged to the grant are directly related to the grant’s objectives. As this relates to tuition fee for the director, I have added it in the top half of the balance sheet after sales revenue as grant fee. Hence I have shown the total cost of the course fees as an admin expense since the company is paying for the course on behalf of the staff – the director. « It is frightening that people saying FRSs and SSAPs are wrong headed are out there and responsible for preparing financial statements and tax computations for real businesses ». Bottom line – I suspect we are never going to agree, because you both think that a capital grant is a kind of revenue and therefore must appear somewhere on the P&L, and I think it is capital and should never appear on the P&L. This is a fairly old standard, issued in April 1974 and revised in July 1990 following the issue of ED 43 in 1988 whose proposals it broadly adopted.