Accounting and Financial Services

Accounting, Book-keeping Services, QuickBooks, General Ledger, Financial Services, Cash flow analysis.

We at Suntec can handle almost any assignment ranging from bookkeeping to Financial Planning including Financial Analysis, taxation, and tax filing matters. We can do it quickly, accurately and efficiently and at a fraction of the cost of doing the same work in-house.

Here are some the projects our specially trained staff can handle for you:
Accounting Services
We can systematically compile and record the financial transactions from the business documents like invoices, payroll time cards, paid bank checks, and receiving reports. This also includes preparing special journals (daily logs) like sales journal; a purchases journal, a cash-receipts journal, and a cash-disbursements journal are used to record recurring transactions.

Our services include the preparation of:
General Ledger
» Income statement
» Balance sheets
» Detailed activity reports
» Bank reconciliation
» Budgeting

Inventory
» Maintain inventory records
» Inventory level reports

Accounts Receivable
» Invoicing clients
» Receiving payments
» Deposits
» Aging reports
» Tracking delinquent accounts (e.g. 60, 90 and 120 days)

Accounts Payable
» Enter invoices
» Scheduling payments
» Making payments
» Check printing
» Aging reports

Job Costing
» Track costs by job
» Budgeting
» Job profitability reports

Financial Services
Suntec can prepare formal accrual basis statements in accordance with Generally Accepted Accounting Principles (GAAP) established by the American Institute of Certified Public Accountants.
A range of services provided at Suntec include Financial modeling, forecasting, transactional analysis, management reporting, and profitability analysis.

Cash Flow Analysis
We compare your cash position at the end of the year to the position at the start, and the constant flow of money in and out of the business over that period.

Financial Ratios
We do the Financial Ratio analysis for you to enable you to:
To compare your business’s current performance to its previous performance
To compare the your business’s performance to others of similar size or in the same industry

Our services also include a range of customized analysis as per your requirements. To name a few, we do :
Month by month "analysis", including detail in these categories: Deposits; Transfers in; Withdrawals; Transfers out; Purchases (excluding money market purchases); Sales (excluding money market sales); Dividends; Interest Received; Interest Charged; Fees; Closing month end balance; Net Assets Invested (amount deposited less amount withdrawn on a monthly basis; and Profit/loss on an ongoing basis, from inception to ending or most recent balance.

Damage analysis showing closed transactions by purchase and sale (including dividends/capital gains/interest/tax) and open / unrealized transaction by purchase and last closing balance or transfer balance

Cash in cash out comparison
Market Adjusted analysis (we like to use the Vanguard funds - Vanguard S&P Index fund, Vanguard Total Bond Fund, Vanguard Long Term Bond Fund, Nasdaq QQQs, and percentages of each (e.g. 50% Vanguard S&P Index and 50% Vanguard Total Bond Fund) depending on an appropriate portfolio model for that client.

Statements are frequently accompanied with graphs and charts providing visual representations depicting many different perspectives of your operations, showing changes and trends over periods of time and relationships between key factors of your business.

The above is illustrative and not at all inclusive. Suntec provides a full range of Accounting and Financial Services including book-keeping services, QuickBooks, general ledger, financial Services, cash flow analysis.