Accounting for
Strategic Growth
Clear numbers. Better decisions.
about us
Sustained Profits is a trusted provider of bookkeeping, tax preparation, and financial advisory services. Our mission is to empower businesses with accurate financial insights, ensuring compliance and fostering growth.
Our Services
Bookkeeping
Day to day financial reporting that keeps your books accurate, organized, and up to date.
Fractional Controller
Accrual accounting, revenue recognition, consolidated and multicurrency reporting, budget vs actuals, and financial coaching.
Oversight services
Review and guidance for in house bookkeeping teams, with a focus on accuracy and efficient workflows.
Tax Preparation and filings
Year round preparation and coordination with your CPA or one of our trusted CPA partners.
HOW WE WORK
We Start from The Year-to-Date Project
Our Year-to-Date (YTD) bookkeeping service ensures your financial records are up-to-date, compliant, and ready for future planning. Here’s how we work together:
1. Initial Setup & Onboarding
Confirm project scope, including date range and deadlines.
Review your business details.
Organize all necessary documents, including tax files, previous books, formation documents, and statements.
2. Project Clean Up
Review and analyze current financials and revenue recognition.
Fix errors and make necessary adjustments.
Decide on a more efficient process and create an SOP for bookkeeping moving forward.
3. Data Reconciliation & Verification
Reconcile bank statements, credit card transactions, and other financial accounts.
Verify starting and ending balances against statements.
4. Final Report
Deliver a comprehensive YTD report with analysis and insights on your business’s performance.
Transitioning to a Recurring Plan
Once your YTD bookkeeping is complete, transitioning to our recurring plan is seamless:
1. Recurring Plan Activation
Plan Adjustment: Your recurring plan will be suggested based on your business’s transaction volume, complexity, and desired frequency, ensuring a cost-effective and flexible solution that aligns with your specific needs.
Assigned bookkeeper to handle your account, ensuring consistency and efficiency.
2. Customized Monthly Bookkeeping
Core Bookkeeping Services:
Bank and credit card reconciliations, revenue recognition, adjustments, and other custom tasks.
Personalized financial reports provided including:
- Profit & Loss Statement
- Balance Sheet
- Cashflow Report
- Key KPIs
- Additional Custom Reports
3. Dedicated Ongoing Support and Tax Filing Collaboration
Management Oversight: to ensure consistency and efficiency
Tax Filing Collaboration: Preparation of clear, accurate financial reports and support schedules, with ongoing collaboration with your CPA to facilitate tax filing.