Accounting Services
Businesses of all sizes across all industries rely on precise financial information in order to remain profitable and seize new business opportunities. James River Taxes, d.b.a. Exclusive Tax Service works with you to help you achieve your goals through comprehensive record-keeping, as well as advising for taxes, accounting systems, cost-containment, investing, benefits and profit-sharing for employees, and more. Our services include but are not limited to:
- Preparation for financial statements and general ledgers
- Monthly, quarterly, or annual bookkeeping
- Setting up and supporting accounting systems
- Processing payroll (DPS)
- Budgeting and forecasting for cash flow
- Financial statements for individuals
- Benefits and profit-sharing plans for employees (CFS)
- Preparation for corporate taxes and returns
We partner with you and your business associates to develop some of these services.
QuickBooks Accounting
QuickBooks can be a useful and timely tool to provide information for your business in regards to financial statements, reports or graphs. In order to reap the benefits that QuickBooks has to offer, it must be set up properly and you must select and install the right product for your company. We work with you to use the software efficiently and effectively in order to gain the highest return for it.
We help develop the following QuickBooks solutions:
Individual Training
We work with you in either a one-on-one or group training setting within your company for the QuickBooks at your office!
Installation
Whether you need a single- or multi-user mode, we will install QuickBooks for you on either a stand-alone computer or on a company network.
Setup
We take the time to train those new to QuickBooks with the initial setup including: EasyStep Interview, Lists, Customers, Preferences, Employees, Vendors, Reports and Banking. For those who are experienced in the software, we work with you to improve your efficiency and current setup. Unfortunately many companies face issues generating and tracking important information due to the lack of inadequate setup.
Support
Because of our experienced support service, we have the skills to help your company with any installation, operation, or setup support you may need. Not only do we have the skills within QuickBooks itself, we can also provide advice on payroll and accounting.
Review
Our review services assist companies that has internal human resources fulfilling routine payroll and accounting, and maximizes their time by providing expert reviews of accounts, transactions, and reports. Not only does this ensure that you have reliable financial reports, it guarantees timeliness and relevance for your accounting. These reviews also allow us to provide feedback on any adjustments or classifications that need to be made in order to most accurately depict your company’s financial status. While we offer the review services at any time, a routine monthly review allows you to always be current and updated on your business’s financials.
Bookkeeping
Successful business require diligent and accurate records, but unfortunately they can consume your time and can be fairly complicated. James River Taxes, d.b.a. Exclusive Tax Service helps your company stay on top of daily bookkeeping tasks so you can dedicate yourself to other core aspects of your business.
• Onboarding to Quickbooks, for you to do your bookkeeping.
• Onboarding for us to do your bookkeeping.
• Reconcile statements monthly, quarterly, or semi-annually.
• Help you decide what program works best for your company.
Payroll
• We can provide in-house payroll for your company on a weekly, bi-weekly or monthly basis.
• We have third party providers that we can refer you to as well.
Entity Selection and Restructuring
Business entities greatly impact your taxes and corporate liabilities. We partner with you from the origin of your business to develop your entity type and later as you develop to restructure if necessary. Our years of experience and knowledge guarantee that you will always be the most favorable entity type for your organization.
