Smart Business Services does far more than record your financial transactions; our team offers a complete range of accounting and bookkeeping services. We prepare interim financial statements and work with you to develop and manage operating budgets, cash flow forecasts, and projections necessary to secure financing and keep your shareholders informed. We have worked with start-ups as well as more established organizations, frequently designing or redesigning charts of accounts to reflect more precisely the specific operational and transactional structure. We also provide comprehensive payroll services.
Our staff has in-depth knowledge of the two most common software applications utilized by small- to medium-sized businesses—QuickBooks and Sage 50.
When you outsource your accounting and bookkeeping to Smart Business Services you are gaining a business partner who will integrate seamlessly into your operations. You have access to trustworthy, skilled accountants with none of the overhead associated with full-time employees.
Accounting for Federal Government Contractors
Accounting in Government contracting has its own unique and specialized rules, regulations and standards. Unless a proper accounting system is in place, a contractor can be faced with enormous difficulties, lost profits, or lost contracts. The staff of Smart Business Services can help you bring your accounting system in line with these requirements and position your firm for growth within this very important sector.
- Indirect rate calculations
- Contract cost and pricing proposal
- Accounting system set up and implementation
- Development of accounting policies and procedures
- Preparation and submission of incurred cost statements to DCAA
- Assistance with DCAA Audits
- Preparation of Provisional Rate Budgets and Forward Pricing Strategies