Accounting Services

We are focused on the best advice for every situation, presented in a timely and simple way that solves or avoids problems for our clients.

Need help managing the daily routine?

Many growing businesses struggle to create a well-tuned accounting process, especially as certain systems and processes need to change to support increased activity. While invoicing, accounts payable and payroll often suffer first, improper or delayed accounting also stifles future growth by limiting the necessary data for strategic decisions. Business owners typically try to manage it themselves while balancing their many other duties or hire accounting staff to remedy the problem. However, this not only ties up additional resources, but it can be ineffective without the proper expertise and day-to-day guidance.

 

To help business owners overcome these challenges, Smith Schafer offers scalable accounting services. Whether you need help managing the daily routine or assistance with more strategic decisions, such as software analysis and selection, our accounting professionals can give you back valuable time and resources so you can focus on growing your company.

3 Reasons to Use QuickBooks

Our Accounting Services:

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CFO Services

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Monthly Bookkeeping

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Monthly/Quarterly Bank Reconciliations

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Payroll Support

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Financial Reporting

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Accounts Payable Processing

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Forecasting and Budgeting

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Invoice Preparation

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Accounts Receivable

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Accounting System Design and Set Up

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Payroll Tax Return Preparation

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Quickbooks Pro Advisor Consulting

Less time worrying about accounting means more time to focus on what you really care about. 

Contact us today to learn more about how we can take the burden of accounting off your plate.

Accounting resources

COVID-19 Relief for Accounting Standards

COVID-19 Relief for Accounting Standards

Reading Time: 2 minutes On June 3, 2020, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2020-05, bringing relief for both for-profit and nonprofit entities. The standard allows entities who have not yet issued their financial statements to DELAY the implementation of ASU 2014-09, Revenue Recognition from Contracts with Customers (ASC 606).

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10 FAQs: Accounting for PPP Loans and Forgiveness

10 FAQs: Accounting for PPP Loans and Forgiveness

Reading Time: 4 minutes Under the Paycheck Protection Program (PPP), the federal government authorizes up to $349 billion in forgivable loans to small businesses during the COVID-19 crisis. Small businesses are receiving loans, and many have questions on how to account for the funds, expenses, and forgiveness in their accounting records.

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Payroll Tax Credits & PPP Loan Guidance

Payroll Tax Credits & PPP Loan Guidance

Reading Time: 4 minutes In the last three weeks, two major pieces of stimulus legislation have been signed into law. Both acts provide opportunities for small businesses, but also require additional tracking for proper reporting.

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Our client satisfaction is exceptional, as demonstrated by our 95% satisfaction rate.

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Why Clients Choose Us

Have enjoyed good service for over 30 years.

 - R & W Fleming Corporation

Our service is always exceptional and never have to second guess the answers.

 - EnergyPrint, Inc.

Smith Schafer has provided second to none service and value to my business and personal accounts for over 30 years. Their expertise and knowledge are unmatched by any other accounting firm I have encountered over all these years.

The relationship we have built over the years with the staff at Smith Schafer & Associates is one that can never be replaced. They are quick with helping us figure anything out, always willing to pick up the phone and walk us through any problem we are having. Also they are just all so friendly and kind!

I have worked with Jason Boynton for several years. He has consistently provided exceptional service and advice always delivered in a timely, pleasant manner.

Smith Schafer always makes everything go smoothly. They were recommended to us by our community bank. We have been using their services for many years for our small business and personal taxes. We always feel well taken care of and that we are receiving the best advice, direction, information and tax preparation."

- The Dog Perk Corporation

Smith Schafer always provides great information for our business. They are thorough with our accounting and financial planning. We have leaned heavily on them with interpretation of the PPP Loan and COVID-19 planning. They have been instrumental in our success and are always very knowledgeable and quick to respond to any of our questions."

Smith Schafer has provided second to none service and value to my business and personal accounts for over 30 years. Their expertise and knowledge are unmatched by any other accounting firm I have encountered over all these years."

The relationship we have built over the years with the staff at Smith Schafer is one that can never be replaced. They are quick with helping us figure anything out, always willing to pick up the phone and walk us through any problem we are having. Also they are just all so friendly and kind!"

We love our CPA team at Smith Schafer. They have helped us navigate many personal and business decisions."

Smith Schafer is very dedicated to their clients and always has their best interests in mind. They are very knowledgeable and thinking ahead to what the clients may be needing in the future. We would highly recommend Smith Schafer to our family and friends."