Our cloud based bookkeeping services allow you to begin where you need us to help, and add on when or if the time arises. You can customize our services by choosing which tasks you want to perform internally and which tasks you want to outsource to Matrix Accounting Service:

OUR BOOKKEEPING & ACCOUNTING SERVICES INCLUDES:
✓ Accounts Payable
✓ Accounts Receivable
✓ Payroll
✓ Banking and Credit Card Reconciliation
✓ Sales Tax and Payroll Tax Reporting

     Matrix Accounting is also a subsidiary of Matrix Consulting Services. As an account and a business consultant, we will enable an easier path for you travel on. We understand how important it is for a business to have proper accounting, employees are paid on time and efficiently, business expenses are tracking accurately, and we have plenty of experience to spare.

More Information on Accounting:

     What is accounting? At its simplest, accounting is a form of way to interpret the financial health of a business or an organization to any and all interested parties. It is a way of assessing the assets, liabilities and cash flow, or the future of an entity for all current and future investors. It is the lifeblood of a business and all types of business have basic information that is recorded to get that job done.

     All accounting or bookkeeping has a standard set of accounting fundamental policies/rules that stays basically the same for every type of business or organization. In this way there is unity in all business accounting operations to ensure that there is cohesion and a clear recognition no matter what business is being overseen. This system is called GAAP – Generally Accepted Accounting Principles. There is no law enforcing GAAP standards, but that may not matter when a business has to report gains and losses to a credit agency or the government – or face an audit.

    Accounting is not just one thing; in a corporation or business, there are numerous “covers” or types of accounting. In very large companies and corporations, each of those layers might have its own department, staffed by many accountants all taking care of one small part. In small businesses, it might all be the job of one (very tired) accountant.

Areas of expertise include:

• Taxes – Well, that one’s distinct. Every business has to pay taxes, and every business wants to pay as little in taxes as they have to. Obviously there are no business owners that condone paying more expenses than desired.

• Payroll – Businesses have to pay employees, but more significantly, they have to pay payroll taxes, social security, retirement, workman’s comp, and the list goes on. Payroll accountants keep all those balls bouncing.

• Accounts Payable and Accounts Receivable – The bills that need to be paid (to contractors, to vendors, to suppliers) and the payments that are coming in (from clients, from customers, from services) all have to be processed. If payments don’t come in, someone has to alert collections; if payments don’t go out, someone has to take the fall. Neither of these negative occurrences are wanted, and as good accountants, we will keep track of what matters most.

• Bookkeeping – Income goes in one column, outflow goes in another, and if those two columns are out of whack, so’s the business. The bookkeeper doesn’t have any control over the money, but they make sure that every little transaction gets recorded. If something is missing within the record of transactions among the business, then nothing will be accurate.

     In today’s fast-paced digital landscape, technology not only streamlines the accounting process but also empowers accountants to harness real-time insights that drive informed decision-making. With the integration of artificial intelligence and machine learning, accountants can automate repetitive tasks, enabling them to focus on strategic planning and client advisory roles.

     This shift towards technology enhances accuracy, minimizes the risk of human error, and fosters a proactive approach to financial management, allowing businesses to adapt swiftly to changing market conditions. By leveraging these advanced tools, accountants can provide personalized insights and recommendations, ultimately enhancing the value of their services and establishing stronger client relationships. Embracing technological advancements ensures that accounting professionals stay ahead of the curve, elevating both their practice and their clients’ success in a competitive environment.

Virtual storage of documents –

     Imagine a world where your financial records are not just stacks of paper but a seamless, organized digital experience at your fingertips. By embracing the power of cloud computing, you can transform your accounting practices, freeing up valuable physical space while also reducing costs associated with maintaining paper records. With instant access to your documents, you can make quick, informed decisions that drive your business forward. The digital realm not only streamlines your operations but also enhances collaboration and communication, allowing you to focus on what truly matters—growing your business. Transitioning to a paperless environment is not just a trend; it’s a strategic move towards efficiency and sustainability, ensuring that you stay ahead in an ever-evolving financial landscape.

Virtual calendars and task management –

      In the ever-evolving landscape of business operations, harnessing the power of digital solutions is crucial for staying ahead of the competition and enhancing productivity. By adopting sophisticated online note-taking and task management systems, your team can streamline communication and ensure that every deadline is met without a hitch. With these innovative tools at your fingertips, you’ll not only keep tabs on pending tasks and deadlines but also gain a real-time overview of your financial commitments and performance. This level of organization empowers everyone involved to collaborate seamlessly, allowing you to focus on driving your business forward. As you integrate these digital platforms into your daily routine, you’ll discover how effortless it can be to maintain clarity and efficiency, transforming the way your office operates while paving the way for future growth.

The importance of regular training –

     In the dynamic world of accounting, staying ahead means embracing a commitment to continuous learning and development, where every update in technology and legislation represents an opportunity for growth. Our team at Matrix Accounting understands that when accountants invest in ongoing training, they not only enhance their skills but also elevate the standard of service provided to clients. This proactive approach ensures accuracy, reduces the risk of errors, and ultimately fortifies trust in our partnerships. By fostering an environment of perpetual learning, we empower our accountants to not just meet but exceed client expectations, driving mutual success in an ever-evolving landscape of financial regulations and technological advancements.

Connecting to customers –

     In an age where every moment counts, the synergy between technology and accounting has revolutionized the way professionals and clients connect, transforming mere transactions into meaningful partnerships. Instant messaging and dedicated platforms empower clients to communicate their needs effortlessly, ensuring that no question goes unanswered and no detail overlooked. This newfound accessibility not only accelerates response times but also fosters a culture of proactive engagement, where feedback is swiftly integrated into service improvements. By harnessing these tools, we elevate the customer experience, providing clients with a sense of confidence and satisfaction that is essential for long-term success in today’s fast-paced business environment. At Matrix Accounting, we believe that our commitment to leveraging technology sets the foundation for thriving relationships that help your business flourish.