WISE CONSULTING, LLC

QuickBooks SetUp

Experienced in QuickBooks Online and QuickBooks Desktop, we are Intuit QuickBooks Pro Certified,Degreed Accountants that know how to work within your system.  Among the issues we can help tackle:

• Help prepare your QB file for your CPA for Taxes

• Prepare for compilation, review or audit work for your outside CPA firm

• Develop a closing process

• Manage new and existing Company files.  

• Import existing QuickBooks Company File into QuickBooks Online

• Add or edit users

• Set up monitoring criteria for users,

• Install apps to integrate into QuickBooks Online

• Change / Install Fields; customize invoices  

• SetUp and Monitor Bank Feeds

• Data Entry / Data Corrections

• Support existing staff with new workflow options, effecient processing and tips / tricks

• Pull Required Reports Monthly, including Profit & Loss, Balance Sheet, A/R Aging, A/P Aging and Inventory Aging

• Manage / Edit Chart of Accounts 

Accounting & Bookkeeping

• Handle monthly, quarterly and annual bookkeeping needs:  

• Work with bookkeeper or owner to review your QB setup, policies and workflows to ensure easy reconciliation, and useful financial reports from the system.  

• Produce Financial Reports including Management, Financial, Customer and Vendor Reports within QuickBooks. 

• Pay Vendors, input Bills and Issue Checks from QuickBooks

• Create Customers, input invoices and manage cash collections.  

• Create Inventory Items, manage prices and quantity on hand.    

• Setup Payroll Items; correct issues regarding Payroll setup in existing company files.

• Prepare Borrowing Base for Bank loans / lines of credit.  

• Reconcile Bank Accounts Monthly

• Reconcile Credit Cards Monthly. 

• Measure Covenant Compliance; proactively discuss covenant compliance with management.

Business Consulting Services

Our Business Consulting Services are designed around you and your business in order to aid in helping you plan for future events, maximize your profitability; improve cash flow, and capitalize your business to deliver success.  Among the things we focus on:

• Help facilitate Bank relationships through careful planning, execution and communication about financial goals.  

• Setup Internal Accounting Controls to help control cash, and monitor performance.

• Help with obtaining Debt using our process and experience in credit underwriting.  

• Identify and address risks to your business, including customer risk, vendor risk, inventory and financial risk. 

• Professional report wrting designed to help speed up the process of obtaining debt, or equity to finance your operation.  

• Business Sale; prepare for liquidating, or transition to key members of your team, or family.

• Acquisition Strategy to help you grow your company. 

Engagements can be hourly or monthly with work performed onsite or offsite depending on the scope of work.    

Consumer Consulting Services

Perfect for business owners and consumers that need guidance and support for obtaining credit, managing investments or guidance on buying or selling assets; we will help you get organized and submit applications and manage expectations in order to acheive desired results.  Below is a sampling of what we can help with:  

• Buying or selling a business

• Buying or selling income producing properties

• Managing or introducing investment oppotunities through our network of high net worth clients and advisors, including CPA's, Accountants, Attorney's, Insurance Agents and Investment Advisors

• Obtaining debt for one of the following:

  • Consumer Mortgage Loans

  • Home Equity Lines of Credit

  • Income Producing Properties

  • Auto Loans

  • Student Debt

  • Credit Cards