Accounting & Bookkeeping Compilation & Payroll Services

Full Service Bookkeeping and Accounting:

Colonial Financial staff have an extensive experience in assisting and supporting existing and startup companies. We have the knowledge to handle all aspects of accounting and bookkeeping for your business needs. We have the experience to compile your accounting records in accordance to the "Generally Accepted Accounting Principals" (GAAP). Our compilation Services includes:

Outsource these
tasks to us and
concentrate on your

  • Income Statements, Balance Sheets and Statement of Cash Flows
  • Trial Balance, General Ledger and Bank reconciliation statements.
  • Accounts Receivable and Payable detailed/aging reports.
  • Fixed Assets schedule and related depreciation
  • Leasehold improvements, Acquisition costs & Good will Amortization
  • Loans (Conventional/SBA) & leases (Operating/Capital)maintenance
  • Long and Short terms liabilities maintenance
  • Capital and Statement of Retained Earnings

Preparing payroll is time-consuming and tedious. You spend countless hours calculating wages, overtime, vacation and sick time vested, writing paychecks and making payroll tax deposits! Not to mention the monthly, quarterly and and annual payroll tax returns.

Not anymore! Outsource these tasks to us and concentrate on the growth of your business.

Key Benefits:

  • Using a professional payroll service will free your time to focus on your business success.
  • Protect your company from paying late payroll tax filing fees and penalties.
  • Save time and improve productivity.

Interested in learning more? Click here for more information