While many people may tell you that accounting has to do with taxes and filing tax returns, that’s only a small part of accounting.

Accounting is preparing and evaluating financial records to make sure that they are accurate, and that a Company’s financial records make an accurate statement about the Company and the financial health of the business.

While bookkeeping encompasses keeping the ‘books’ that generate financial reports, and financial management and financial reporting involve understanding the nuances of financial reports and proper forecasting for an industry, a specific business within an industry, and the future, it is the process of reporting on the business’ past that becomes a critical part of a businesses operation and growth.

Reporting enables management to notice trends, identify various patterns, and understand how a business is functioning.  After all, if you can measure something, you can measure ways to improve!!

And not only do these reports serve as an understanding of what has transpired in the business’ past, but these reports are also critical parts of budgeting, assist in forecasting, and help in projecting what the future may bring.

Therefore the accuracy of the financial records of any business is a critical element to understanding where the business has been, and where the business may be headed.

Interstar Financial has a unique perspective when it comes to accounting.  We have been involved in helping companies set up and record their financial information for more than 20 years, and our Gold Certification as a Quickbooks® Advisor for Quickbooks® Pro, Quickbooks® On Line, Quickbooks® POS, and Enterprise Solutions makes us the perfect choice for companies currently using any version of Quickbooks® as well as those companies that may be considering the addition of Quickbooks® to their business.

We have full capabilities to set up, maintain, repair, and upgrade all Quickbooks® programs.

Having pointed that out, we’ll also point out that we’re not confined to Quickbooks®, as we have successfully used numerous accounting programs.

Many look at ‘bookkeeping’ as required but non essential.

We beg to differ.

While proper set up and management of the processes used to record financial information is critically important in any business, one of the key elements in the ‘process’ is bookkeeping.

All financial transactions of any business must be recorded, and the importance of recording these transactions accurately and recording these transactions properly cannot be understated.

The saying that we’re all familiar with is ‘garbage in/garbage out’.

If you look at this saying very carefully, you’ll realize a few things:

• Recording and entering data is hugely important;
• Tabulating data and setting up reports is hugely important.

We can go further but I think the point is made.  If you’re not accurate at various points in the process, the outcome will be moot, and bookkeeping is rather important to the process.

Interstar Financial provides clients with bookkeeping to handle purchases, sales, receivables, payables, inventory, and everything in between, and we are committed to making sure that all facets of our bookkeeping services ensure the accuracy of your books, so that the reports generated from the information we have entered are accurate and provide an realistic picture of where your business has been.

This gives you a more accurate way to figuring out where you may be going.

We also provide complete payroll services, financial reporting, financial management, and may be able to help you get capital.