In today’s fast-paced business environment, small business owners are often required to wear multiple hats, juggling various responsibilities to keep their operations running smoothly. One critical area that can often fall by the wayside is bookkeeping. If managing your books has become a daunting task, ORT Consulting is here to help. Our comprehensive small business accounting services allow you to focus on what you do best—growing your business.

At ORT Consulting, we offer a range of monthly or quarterly accounting services tailored to meet the needs of small businesses in Chicago, IL. Our core services include:

  • Bank account reconciliation
  • Income statement generation
  • Balance sheet generation
  • General ledger clean up
  • Unlimited consultations

These services form the foundation of a solid small business accounting system. Additionally, we provide extra services such as payroll, tax planning, and tax preparation to further support your business needs.

Bank Account Reconciliation

Regular bank account reconciliation is crucial for maintaining accurate financial records and ensuring your taxes are up-to-date. By reconciling your bank accounts each month, our team helps you:

  • Keep track of lost checks, lost deposits, and unauthorized wire transactions
  • Detect and prevent unwanted bank charges, ensuring all transactions are accurately posted by your bank
  • Identify and prevent embezzlement of funds from your company’s assets
  • Ensure your deposits earn the proper interest

Income Statement Generation

An income statement is essential for small businesses as it provides an itemized list of all revenue and expenses, ultimately showing your company’s profit or loss over a specific period.

With an income statement, you can:

  • Track your revenue and expenses to ensure your company is profitable
  • Identify which parts of your business are over or under budget
  • Spot unexpected expenses, such as those related to phone, fax, or medical supplies
  • Determine your income tax liability

Balance Sheet Generation

A balance sheet offers a snapshot of your company’s financial condition at any given time, helping you understand your business’s financial strength and capabilities.

A balance sheet helps you:

  • Analyze trends in receivables and payables
  • Determine your business’s ability to expand
  • Assess financial health, which is crucial for obtaining credit from banks and other financial institutions

General Ledger Clean Up

The general ledger is the core of your company’s financial records, encompassing every transaction your business undertakes. Maintaining a clean ledger is vital for accurate financial reporting.

Our general ledger clean-up service helps you:

  • Identify and resolve potential issues, such as double billings or unrecorded payments
  • Ensure your financial records are accurate and reliable
  • Maintain a clear and organized ledger, essential for financial stability

Unlimited Consultations

At ORT Consulting, we believe in being accessible to our clients. We offer unlimited consultations to help you understand your company’s finances better. Our team is always available to answer your questions and provide the guidance you need to make informed financial decisions.

Why Choose ORT Consulting?

Choosing ORT Consulting for your small business accounting needs means partnering with a team dedicated to your financial success. Our personalized approach ensures that we understand your unique business challenges and provide tailored solutions to meet your needs.

By entrusting your accounting tasks to ORT Consulting, you can focus on what you do best—running and growing your business. Our expert team will handle your bookkeeping, ensuring your financial records are accurate, up-to-date, and compliant with all relevant regulations.

Get Started Today

Ready to take the stress out of bookkeeping and focus on what truly matters? Contact ORT Consulting today for a free consultation. Let us help you streamline your accounting processes and set your business up for success. Click the button below to schedule your consultation and discover how we can support your small business accounting needs.