Accounting System Setup

For new business owners it is important to know if your business is making a profit and ensure that you have the appropriate cash flow.  At LC Bookkeeping we analyze the information that is most relevant to management and develop the appropriate accounting reporting system.

We will help you make the following importing decisions regarding your accounting system:

• Choose an accounting software package that provides you the appropriate tools


• Choose which accounting method is most appropriate (cash or accrual accounting)


• Decide the start date for the accounting system


• Determine how to manage/organize all your business records?


• Setup a chart of accounts and general ledger

We have experience with most major accounting software available today whether it be a native program on your office computer or an online program in the cloud. For many of our clients we recommend using any of the following accounting software:

• QuickBooks


• Sage (Simply Accounting)


• Wave Accounting