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Cobb Doerfler & Associates, CPA Business Information

Cobb Doerfler & Associates, CPA
1039 W Ave J
California, US
Zip Code:
(661) 522-7251
Website URL:
Payroll - Preparation Service
34.689741, -118.149394
Accepted Payment:

About Cobb Doerfler & Associates, CPA

Are you having problems with your quick books? Let us take care of that for you so you can focus on your business. Small Business Accounting Specialist. We have served the Antelope Valley since 1963. Professional Tax Return Specialist, we handle audits, tax return preparation for individuals and businesses, IRS Tax Problem Solver, Quickbook Services, Bookkeeping and Accounting. We can help you eliminate the need for an on-site bookkeeper with our experience and technology and save you money.As a small business owner you have more important things to do than to keep your own books. We take care of your books for you, so you can get back to the job of running your business and generating profits!Each month or quarter we'll do the following things for you...Reconcile your bank accountGenerate an income statement Generate a balance sheetClean up your general ledgerProvide unlimited consultationsThese tasks form the solid foundation of your small business accounting system. You can customize the package of services you receive by adding payroll, tax planning, tax preparation, or any of our other services. Bank ReconciliationReconciling your business checking account each month allow us to keep your bank account, accounting, and taxes up-to-date.Having us reconcile your account each month allows you to...Identify lost checks, lost deposits and unauthorized wire transactions. Detect and prevent excess/unjustified bank charges and ensures transactions are posted correctly by your bank. Detect and prevent embezzlement of funds from within your company. Know how your business is doing? You can't really know unless all accounts are reconciled and properly accounted for on your financial statement. Manage your cash more effectively. Proper management of funds not only saves money, it makes money for you. Protect yourself. By timely reconciling and promptly objecting to your bank about any unauthorized, fraudulent or forged checks presented to your bank and paid by that bank, you can relieve your agency of responsibility for the shortfall and transfer the risk to the bank. You will sleep more peacefully at night knowing your bank accounts are reconciled, in balance and that all escrow funds, accounts, checks and disbursed funds are properly accounted for. An income statement, otherwise known as a profit and loss statement, basically adds an itemized list of all your revenues and subtracts an itemized list of all your expenses to come up with a profit or loss for the period. An income statement allows you to...Track revenues and expenses so that you can determine the operating performance of your business. Determine what areas of your business are over-budget or under-budget. Identify specific items that are causing unexpected expenditures. Like phone, fax, mail, or supply expenses. Track dramatic increases in product returns or cost of goods sold as a percentage of sales. Determine your income tax liability. Balance SheetA balance sheet gives you a snapshot of your business' financial condition at a specific moment in time.A balance sheet helps you...Quickly get a handle on the financial strength and capabilities of your business. Identify and analyze trends, particularly in the area of receivables and payables. For example, if your receivables cycle is lengthening, maybe you can collect your receivables more aggressively. Determine if your business is in a position to expand. Determine if your business can easily handle the normal financial ebbs and flows of revenues and expenses? Determine if you need to take immediate steps to bolster cash reserves? Determine if your business has been slowing down payables to forestall an inevitable cash shortage?If you'd like to receive a Free Consultation on our Small Business Accounting Service, please call us now for your free assessment.

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