Preferred Accounting, Inc.

Service Plans

Accounting Plan Options

Preferred Accounting, Inc. is happy to offer a range of Service Plans for the convenience of our clients.  Choose from any of the following business accounting plans or contact us to discuss custom accounting needs for your business: 910-799-0880

  • Bank Reconciliation –  enter all transactions into our database and reconcile your checking account
  • Financial Reports
    • Profit & Loss Report – track your monthly gains
    • Year End Tax Summary –  prepare an itemized report of income and expenses to use in tax preparation
    • Balance Sheet Report – showing all assets and liabilities
  • Payroll Reports –  If Payroll Service option is taken (see description), federal and state tax forms will be completed and filed
  • Calculate gross pay
  • Calculate all withholding taxes
  • Calculate net pay
  • Pay via Direct Deposit or Computer Printed checks
  • Provide payroll reports
  • Calculate/pay federal and state payroll tax withholdings
  • Calculate monthly Workman’s Comp. Insurance Premiums

Performed on a weekly basis, service includes all of the Basic Plan in addition to the following:

  • Accounts Payable Service
    • Enter all bills into computer
    • Pay bills as they become due
    • Prepare computer checks for your signature
    • Provide stamped, addressed envelopes
    • Provide a weekly Bills Paid Report
  •  Accounts Receivable
    • Create invoices
    • Post payments to your account
  •  Payroll Service Option Available

Schedule A Consultation

890 S. Kerr Ave, Suite 230
Wilmington, NC 28403
910-799-0880