Accurate Bookkeeping celebrates second anniversary

TheSoutheast Michigan based consulting and accounting/bookkeeping firm Accurate Bookkeeping L.L.C. is celebrating its second anniversary and highly successful year. Accurate Bookkeeping LLC is designed to help small business owners reach their potential with customized professional services and products delivered with consistent quality and value.

Accurate Bookkeeping L.L.C. solves a variety of business problems while saving its clients money. Over 95 percent of new small businesses fail within the first five years according to government statistics and over 35 percent of these failures are due to financial indebtedness and/or tax burden difficulties. This trend that has remained constant over the past 20 years can be reversed.

The business, owned by Patrick Allsteadt, was designed to educate and support the small business owner. Services consist of developing comprehensive business plans, consulting & business development, in-depth analysis of the business, full-charge accounting/bookkeeping, payroll, and taxes. The firm has formed strategic partnerships with a variety of companies to give the small business owner a complete range of expert services.

Small-business owners need to be informed about every aspect of financing, from bookkeeping to cash-flow projections to securing loans from bankers. They also need to know the all federal and local tax regulations, insurance requirements, retirement fund financing, etc.

An updated informational Web site was re-launched in July. The Web site was designed by IGD Solutions Corporation in Clarkston. For more information call Accurate Bookkeeping L.L.C. at (248) 882-7880.

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This material focuses on the principles of accounting for non-profit organizations' revenues. It will include discussions of revenue recognition for cash and non-cash contributions as well as other revenues commonly received by non-profit organizations.
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