BOOK KEEPING

Tax Returns and Book Keeping

Lloyds Solutions, Inc. provides book-keeping, tax preparation and tax consulting services. Our tax outsourcing services system and methodology provide small and medium sized business, like doctors’ offices, peace of mind. We handle their tax compliance workload, meeting all tax return filing obligations and deadlines. Our customers then have more time to go about their core business of treating patients, instead of worrying over deadlines and IRS Audits.

Our staff is well trained to work on all major accounting software, and can work independently on our own system; however, if you prefer, we can work on your own software and system remotely as an extension of your medical practice back office. You choose!

We understand your concern about the risks of outsourcing bookkeeping & accounting services, but have no fear. Lloyds Solutions, Inc. provides these accounting services for numerous other businesses and practices like yours. We have stringent checks and balances in place to prevent any unauthorized release of confidential client information. We maintain strict high standards of confidentiality and security; if we did not, we would not be able to remain in the book-keeping business.

Book Keeping

We offer these book-keeping services:

  • General Ledger
  • Account Payable Processing (Complete procure to pay cycle)
  • Account Receivable Processing (Complete order to cash cycle)
  • Bank/ Credit Card Reconciliation
  • Inventory Management
  • Fixed Asset Management
  • Sales Tax and VAT Management

Other Accounting Data and Administration

Other Accounting Data and Administration Lloyds Solutions Bookkeeping Services helps you maintain your accounting system, and more effortlessly run your business, by providing efficient and timely service. Working from source documents and financial information--such as Invoices, Check Stubs/ Registers, Deposit Slips, Bank statements, Credit Card statements and other necessary supporting documents--the Lloyds’ team maintains accurate records, which are the vital components of formal books of accounting for the business.

The Lloyds Solutions Book-keeping team consists of certified accountants with an exhaustive knowledge of commonly used accounting software, such as Sage Line, Quick Books, Quicken, Peachtree, Creative Solution, VT Transactions, Viztopia, IRIS, etc. We work quietly in the background, making sure all your accounting is complete and accurate, and that your spreadsheets are reconciled.

Accounting Services:

We offer the following services:

  • Cash Flow Management
  • Costing & Budgeting
  • MIS & other Management Reporting
  • Monthly, Quarterly, Yearly closings
  • Financial Statement Preparations
  • Proforma Financial Statement Preparation & Analysis

We undertake a broad range of accounting services, regardless of time commitment, complexity, or volume. Lloyds Solutions strongly upholds the viewpoint that domain expertise is essential in achieving quality in our provided services. So, we have developed stringent quality standards that take care of our routine processes. Each of these standards not only eliminates errors, but also prevents their recurrence, paving the way towards greater efficiency, productivity and accuracy, and therefore streamlining the entire business process.

Tax Preparation:

Prior to starting any tax return preparation and processing activity, we examine the client's data and balance sheets, classifying each item into the appropriate place or form. We also classify the various financial analyses, determine profit and loss items as to taxability and treatment, and assign them to the appropriate accounts during tax return processing. Our points of view and comments are communicated to the client, for consideration before final preparation of the tax return.

At Lloyds Solutions, Inc. our well-qualified team constantly trains and updates, not only in the knowledge of tax laws and changes, but also in the use of all leading tax software. By outsourcing your accounting to Lloyds Solutions, you will gain a partner that is completely dedicated to providing you with stress-free financial back-up, accounting services and tax preparation.