Accounting and Bookkeeping for Cash Basis Small Businesses
Welcome to Constantine Accounting. As a local, family-owned business, we understand the unique challenges cash basis small businesses face.
Do You Often Find Your Finances Are:
- Frustrating?
- Time-consuming?
- Stuck in the day-to-day details?
- Confused on what your profit is?
- Hard to get loan financing?
- Complicated by regulations?
- Afraid you are risking costly errors?
- Difficulty tracking your expenses?
- Inconsistent cash flow?
- Scrambling at Tax Time?
Constantine Accounting Can Help Your Cash Basis Small Business!
At Constantine Accounting, we deliver precise financial management solutions that drive growth and efficiency for cash basis small businesses. Our expert team meticulously manages your accounting and bookkeeping, keeping your finances organized to make sure compliant and correct. We also give strategic consulting to guide you through critical business decisions. Let us help you streamline operations, improve financial strategies, and achieve your business goals with confidence.
What Exactly is a Cash Basis Business?
Contrary to how it sounds, a cash business does not solely rely on cash payments for its services. In fact, many cash businesses handle most of their transactions electronically, accepting credit cards, payments through websites, or even Zelle. In accounting, being a cash business means you get payment at the same exact time the service is provided. You typically do not invoice customers and wait for payment later. Additionally, most expenses in a cash business are bought and used quickly with very little to no inventory.
Cash Basis Small Businesses Deserve the Best!
We Are Reliable
- Our efficient processes allow you to focus on growing your business.
- We give your business with financial reports on schedule.
- You get consistent support that is always available and transparent
We Are Accurate
- We verify every financial transaction with precise records.
- Advanced technology enhances error-free records.
- Up-to-date on the latest compliance and regulations.
We Are Valuable
- You get personalized services to your business’s needs.
- Insightful guidance helping you make informed decisions for growth.
- Peace-of-mind with a trust based partnership that reduces your stress.
Simple. Smart. Straightforward. Solutions.
Constantine Accounting handles tasks that free up your time, allowing you to focus on growth. Leveraging our expert insights and detailed financial reports, we improve your cash flow and empower you to make informed decisions. We often give these services at a lower cost than maintaining an in-house team. By enhancing accuracy, efficiency, and strategic planning, we drive the success of your cash basis small business.
Streamline your business by implementing efficient processes that accurately capture every transaction. This ensures your financial records stay up-to-date.
Controller & CFO Services
Use accounting practices to show detailed financial analysis, providing insights that empower you to make informed decisions.
Tax Advisory & Consulting
Partner with an expert advisor to find cost-saving opportunities, then improve financial performance with tailored strategies.
Budgeting & Forecasting
Develop robust financial forecasts and budgets that align with your business goals. Set a clear financial target for sustainable cash flow.
Technology Implementation
Implement robust software and automation to give efficiency and accuracy, safeguarding your business assets from fraud and mismanagement.
Trusted By Cash Basis Small Businesses Like Yours!
“I appreciate the positive and the go the extra mile attitude. …has been great to work with. Highly recommend.”
Larson Moraes, LodixIns.com
“Tigress has used … for years, … is one of our company’s biggest assets… handles all of our financials, reports, payroll, and risk management. I thoroughly recommend … and the company to anyone considering hiring an accountant.”
Roger Wilcox, TigressOutriggers.com
“We hired … a couple of months ago as a recommendation from a friend. … is very knowledgeable and has made our financials so much easier to understand. We are looking forward to utilizing her knowledge and setting up procedures to make our business run more efficient”
Karen, ChaseRoofing.com
Constantine Accounting’s Expert Financial Tips.
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Understanding Cash Basis Accounting Method for Small Businesses
Cash basis accounting is a simplified financial tracking method ideal for small businesses, freelancers, and sole proprietors. It records transactions only when cash is received or paid, providing a clear view of cash flow. However, it may not reflect long-term financial health and is not suitable for larger or inventory-based businesses.
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Essential Accounting Tips for Tattoo Shop Success
The tattooing industry thrives on creativity and artistic skill, but financial management plays a crucial role in sustaining successful tattoo shops. Proper accounting ensures profitability, compliance, and efficient cash flow, helping owners make informed decisions. Key practices include bookkeeping, using accounting software, and hiring professionals to overcome financial challenges and promote growth.
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Everything you need to Know About Business Plan Accounting
A strong business plan and an efficient accounting structure are critical for business success. The plan outlines vision and goals, attracting investors, while accounting ensures financial management and compliance. This guide offers insights on creating business plans, establishing an accounting system, and integrating both for strategic alignment and informed decision-making.
Subscribe to Constantine Accounting to get free exclusive content and tips!
FAQs, You Got Questions and We Got Answers!
What types of businesses do you work with?
We specialize in serving a diverse range of cash basis small businesses. Transitioning smoothly between sectors, we adapt our ability to meet the unique needs of each client. Our goal is to help your business thrive, regardless of your industry.
Do you provide services for companies in all states?
Yes, we give services to companies in all states. We leverage our comprehensive understanding of diverse state regulations. We make sure there is compliance and give tailored solutions no matter where your business operates. From coast to coast, we’re here to support your accounting and advisory needs seamlessly.
How does working with a remote accounting service work?
When you work with our remote accounting service, we streamline the entire process for you. First, we set up secure, easy-to-use communication channels. Then, we collect your financial data through encrypted systems, ensuring confidentiality. Throughout our collaboration, we give regular updates and reports, making sure you stay informed and in control. Our seamless approach ensures you get top-notch accounting support, no matter where you are.
How do I start working with you?
Starting to work with us is simple and straightforward. First, you contact us to schedule a first consultation. During this meeting, we discuss your business needs and how our services can help you. Next, we create a customized plan tailored to your requirements. Finally, we guide you through the onboarding process. We make sure a smooth transition as we start supporting your accounting and advisory needs.
Is there a contract, and if so, can I cancel at any time?
Yes, we must a contract to formalize our services, but we rank your flexibility by including a straightforward cancellation policy. If you need to cancel, you can do so at any time with a notice period. This ensures a smooth and hassle-free transition. This approach guarantees you keep control and confidence in our partnership.
Can you assist with a one-time accounting project?
Yes, we can help with a one-time accounting project. After understanding the specific requirements of your project, we dedicate our resources to finish it efficiently and accurately. We make sure high-quality results tailored to your needs. Whether it’s a financial audit, system setup, or any other accounting task, you get customized solutions. This flexible approach lets you leverage our ability without a long-term commitment.
How long does it take to get started?
Getting started with us is a quick and efficient process. Once you reach out, we schedule a first consultation within a few days. Next our discussion, we promptly create a customized plan for your business. The entire onboarding process is typically completed within one to two weeks. This lets you begin benefiting from our services without delay.
Can you help me if I haven’t worked on my accounting or never started?
If you haven’t worked on your accounting in a while, we can help you get back on track. If you’ve never started, we can help with that as well. First, we assess your current financial situation to understand the scope of work needed. Then, we develop a comprehensive plan to organize your records, reconcile your accounts, and prove efficient accounting practices. Throughout the process, we give continuous support and guidance, ensuring you gain control and clarity over your financials.
My books are a mess. Can you clean them up?
Yes, we can clean up your messy books. We start by conducting a thorough review of your financial records to find issues and discrepancies. Then, we organize and reconcile your accounts, ensuring everything is correct and up-to-date. Throughout this process, we implement efficient accounting practices to prevent future problems, providing you with clear and organized financials.
I need my accounting done quickly, do you provide rush services?
Yes, we offer rush services for your accounting needs. When you must expedited assistance, we rank your tasks and divide more resources to finish your accounting quickly and accurately. This ensures you get the prompt support you need. You do not need to compromise on quality. This lets you meet urgent deadlines and keep smooth business operations.
How do I securely provide you with my financial information?
To securely give us your financial information, we first set up encrypted communication channels. We also ask direct access to your financial information. This includes bank accounts, customer details, and vendor information. This way, we can efficiently obtain the necessary data. You can upload your documents through our secure portal, ensuring your data remains confidential. Throughout our partnership, we continuously check and safeguard your information, guaranteeing that all exchanges are protected and private.
Will you automatically handle my accounting?
Yes, we automatically handle your accounting once we prove our partnership. After setting up secure access to your financial information, we start managing your accounts, transactions, and financial records seamlessly. We regularly update you on your financial status and make sure everything is accurately maintained. This proactive approach lets you focus on growing your business while we take care of your accounting needs efficiently.
Will my current staff or I need to handle any accounting tasks?
It depends on the services we take over. Sometimes, we work alongside your current staff. We manage tasks they don’t have time for. We also handle duties that must require specialized skills. In other cases, we can take full responsibility for your accounting needs. This allows your team to focus on other core business activities. Our flexible approach ensures we give the support you need, whether it’s complementing your existing staff or taking over entirely.
Can you help me keep track of my bills?
Yes, we can help you keep track of your bills. After gaining access to your vendor information and bill details, we efficiently manage and check your bills. We make sure prompt payments and keep correct records, preventing any missed or late payments. This comprehensive service lets you focus on your business operations while we handle your bill management seamlessly.
Can you help me set up payroll services and pay my employees?
Yes, we can help you set up payroll services and pay your employees. First, we set up a payroll system tailored to your business needs. Then, we manage the entire payroll process, ensuring correct and prompt payments to your employees. This comprehensive service simplifies payroll management. It also ensures compliance with all relevant regulations. This lets you focus on other aspects of your business.
Can you help me set up and pay sales tax?
Yes, we can help you pay sales tax. After we gather your sales data and relevant financial information, we accurately calculate the required tax amounts. We then make sure prompt payments to the appropriate tax authorities, keeping you compliant with all regulations. This service simplifies your sales tax obligations, allowing you to focus on growing your business.
When can I expect the results you promise?
You can expect to see the results we promise within the first 30 to 60 days of our partnership. After our first consultation, we quickly implement tailored strategies and processes. As we start managing your accounts and financial tasks, you’ll notice improvements in accuracy, efficiency, and overall financial health. Our goal is to deliver prompt and consistent results, ensuring your business benefits from our services right away.
How often can I expect my business’s financial reports?
You can expect your business’s financial reports on a regular basis, tailored to your needs. Typically, we give monthly reports, but we can also generate them weekly or quarterly based on your preferences. Our consistent reporting ensures you stay informed about your financial status. This allows you to make well-informed business decisions with up-to-date information.
How often will I get a one to one with someone about my finances?
You will have one-on-one meetings about your finances on a schedule that suits your needs. Typically, we offer monthly meetings, but we can also arrange for weekly or quarterly sessions based on your preferences. These regular consultations make sure that you get personalized guidance and updates. They keep you fully informed and in control of your financial situation.