Our Bookkeeping Services

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Set your business up for success with a financial foundation. Our Initial Accounting Configuration service ensures your accounting system is properly structured from day one. We create a customized chart of accounts, set up your bookkeeping software, and align your financial records with your business goals and reporting needs. Whether you're just starting or transitioning to a new system, we make sure everything is organized, accurate, and ready to support smart decision-making.

Managing your payables efficiently is essential for maintaining cash flow and keeping your vendor relationships strong. At Champ’s Consulting, we take care of the entire Accounts Payable process, from entering and tracking bills to scheduling payments and reconciling vendor accounts. We ensure all payments are accurate and timely, helping you avoid late fees and stay organized. As part of our service, we also handle year-end 1099 preparation, ensuring compliance with IRS requirements.

We manage all aspects of your customer accounts to keep your receivables accurate and up to date. Our services include creating and entering invoices, recording customer payments, and issuing monthly statements. We also review and analyze aging reports to help you stay on top of outstanding balances and improve cash flow through timely follow-ups and strategic insights. 

When audits arise, whether for sales tax, insurance, workers’ compensation, or other areas, we’re here to assist you every step of the way. We coordinate and schedule appointments with auditors, meet with them on your behalf, and provide all necessary documentation to ensure a smooth and efficient audit process. Our goal is to minimize disruption to your business while ensuring full compliance. 

Reconciliations are a critical part of accurate bookkeeping. We ensure all transactions are matched, verifying which checks have cleared and confirming that deposits have been properly recorded. We also make sure every expense is categorized correctly, so your financial statements are complete, accurate, and reliable at the end of each reporting period.  

Avoid cash flow surprises with proactive planning. We work with you to develop and maintain detailed weekly or monthly cash flow projections, giving you a clear picture of when, where, and how cash will move through your business. With accurate forecasting, you’ll be equipped to anticipate shortfalls, make informed decisions, and stay financially prepared. Cash flow management is essential to sustaining and growing a successful business, and we're here to help you stay ahead. 

Falling behind on your bookkeeping or overwhelmed by disorganized records? We specialize in catch-up and cleanup projects to get your books accurate and up to date. Let us handle the backlog and fix any issues so you can focus on growing your business with confidence, without the stress of bookkeeping concerns.   

We provide you with comprehensive weekly and monthly reports, including Profit & Loss statements and Balance Sheets, tailored to fit your business needs. In addition, we offer custom-designed ad hoc reports to address your specific questions and priorities. Most importantly, we work closely with you to analyze these reports, helping you gain clear insights and make informed decisions to better manage your expenses and grow your business. 

We provide detailed tracking and reporting so you can monitor costs and measure profitability by project or site. With clear insights into where your money is going, you can make smarter decisions and ensure every job contributes to your bottom line. 

We handle every aspect of payroll with accuracy and reliability, so your team gets paid on time, every time. Our services include setting up and maintaining detailed employee records, processing payroll, and ensuring timely payment of payroll taxes. We also manage quarterly and annual tax filings, including Forms 940, 941, W-2s, and state taxes. Additionally, we oversee Workers’ Compensation insurance payments and reporting, keeping you compliant and stress-free.