Advocate for business growth in the northeast
Headquartered in Upstate New York doing business throughout the northeast, BARRCO LLC represents a wide spectrum of clients. Our practice specializes in tax reporting and monthly bookkeeping matters, from the profit and loss statement to the balance sheet to month-end financial statements and quarterly customized reports. Whether you’re a startup or a small to mid-size business, we will not only accurately report monthly transactions, we can customize reporting and analyses specifically for your type of business. We bring extensive experience and professionalism to every client and customize our support to your individual needs and concerns.
The founder has been practicing for a decade with experience in both public and private accounting, including tax, financial reporting and audit. Get in touch with BARRCO to set up a consultation by using the contact information at the bottom of this page, or inquire to find out whether our services are right for you.
Professional Services
Preparation of monthly business Revenue and expense
Even the tiniest detail counts. BARRCO is aware of this and will advise you ahead of time contributing to improvements in your business, this will help you demonstrate the true value of your company.
Bookkeeping and Tax preparation
We work with each of our clients on the key aspects required for tax reporting. We start the communication to ensure clients receive the maximum tax return at year end. Monthly bookkeeping services include, inputting, and properly accounting for all transactions in your business bank accounts and credit cards. Reconciling the activity against the statements each month, using US GAAP accrual or cash basis.
Payroll
We can provide direct deposit for your employees or process checks weekly, bi-weekly or monthly. Payroll tax withholding is incorporated in each pay period and tax filings are made to the federal and state government quarterly.
BUSINESS STRATEGY & Analysis
The startup and small business marketplace can be a fierce frontier that requires a close review of monthly expenditures and revenues. Our firm provides a holistic approach, so your company can get the best competitive advantage.
Monthly and quarterly reports
In order to find the best analysis for a business, we compute multiple ratios using the monthly financial reporting information. For this, we have a detailed mapping process within our financials. We then analyze the results with our client. Criteria for deciding which potential area in the company should be closely reviewed include: the company’s asset position, its resources, aged receivables, changes in stockholders equity and increase or decrease in net income. We extract this information from our accounting software, and then proceed to customize charts or graphs depicting the details. Each business may request specific information of interest as well.
pre-due process
We go over any aspects which could imply risk with the client. Our aim is to avoid our clients from unexpected surprises at year end. We find a solution to those aspects which may affect the balance sheet and profit and loss statement in order to achieve our objective to maximize the value of your business.
“Accounting, financial reporting and tax preparation are key for management to properly assess its business and to accurately forecast goals.”
Let's Chat.
Contact us regarding your tax, bookkeeping, or financial reporting inquiry using the email address below. Please be as detailed as possible. Include your industry along with any specific request. You may also call us to schedule an appointment or discuss your inquiry over the phone.