FAQs

Do you offer financial statement analysis to help us make better business decisions?

By |2018-12-12T15:46:34+00:00December 12th, 2018|

Yes.  As part of our accounting services, we offer different analytics to let you know how your business is doing from a management perspective.  As part of your monthly report package, you’ll receive a balance sheet, income statement, statement of cash flows, payroll summary (if applicable) and accounts receivable and accounts payable aging reports as well as a brief management narrative including standard accounting ratios.  We also offer break even analyses; revenue, cash and tax projections; business valuations and loan and expense analyses as well as other custom analytics upon request.

Will I lose control of my operations if I outsource my bookkeeping function?

By |2018-12-12T15:45:38+00:00December 12th, 2018|

No. As a business owner you will attain more control, access, reliability, internally audited financial statements and records that shall facilitate a better understanding of your financial status. Outsourcing such services assures that all your information is with a trusted advisor like us unlike your in-house staff whom can leave anytime without notice.

I have multiple businesses, how can you help me?

By |2018-12-12T15:44:53+00:00December 12th, 2018|

WCS specializes in accounting and bookkeeping services for multi-unit businesses and franchises. We can manage the books for each individual location and give you insight into your business’s overall financial performance.

What types of businesses does WCS serve?

By |2018-12-12T16:17:48+00:00December 12th, 2018|

WCS serves small and medium-sized businesses of all kinds, but we are best known for our expertise in these five industries: Professional services - Real estate agents, insurance agents, financial advisors and more Home service contractors - HVAC technicians, plumbers, electricians, painters and more Health and wellness - Gyms, salons, spas, dentists and more Restaurants - Quick-service restaurants, fine dining restaurants, coffee shops, caterers, specialty food providers and more E-Commerce - Online stores, amazon, ebay, shopify, etsy and more

What accounting software do you support?

By |2018-12-12T16:14:17+00:00December 12th, 2018|

WCS uses a wide range of accounting software which includes, QuickBooks Online, Freshbooks, Mint, Xero accounting software and Waveapps in most of our client engagements. We can also support QuickBooks Desktop in some instances (remotely). 

Do you handle sales tax?

By |2018-12-12T16:12:34+00:00December 12th, 2018|

Yes, we can prepare and submit your monthly or quarterly sales tax report filing with the corresponding government organization.