Business Support Services

At Nana Consulting Group, helping our clients survive today’s economic environment and achieve long-term sustainability and growth for their business is our primary objective. NCG offers a full range of business support services customized to meet the needs of each of our client’s business operations. Engaging NCG to perform the non-core but critical activities of your business is cost effective and frees up your time to focus on your core business and clients.

Nana Consulting Group delivers customized bookkeeping and accounting services designed to complete your daily bookkeeping and month-end tasks. The information below is a brief description of our business support services for bookkeeping, payroll and tax services:

Bookkeeping (Monthly, Quarterly, Annually)

Accounts Receivable

  • Prepare invoices/billing and mail
  • Issue client-approved credits and refund checks
  • Record and account for revenue
  • Data input of receivable transactions
  • Apply payments to accounts receivable ledger
  • Perform customer account reconciliation
  • Work with client to resolve customer account problems
  • Analysis of Aged Receivables

Cash Management

  • Process daily deposit records
  • Prepare monthly bank reconciliation

Accounts Payable

  • Data input of vendor invoices
  • Classify invoices to the appropriate general ledger account
  • Process vendor payments based on client instruction
  • Analysis of vendor statements by reconciling to accounts payable ledger
  • Analysis and reporting of detailed aged payable and cash requirements

Monthly Closings

  • Prepare journal entries
  • Perform account reconciliations and analysis

General Ledger and Financial Statement Preparation

  • Fixed assets accounting and depreciation
  • Balance sheet
  • Trial Balance
  • Profit and Loss statement
  • Cash Flow statement

Payroll Services

  • Process employee payroll for timely delivery
  • Payroll accounting and reconciliations
  • Prepare payroll tax returns – Form 940 federal unemployment, Form 941 quarterly payroll taxes, and State
  • Client specific payroll reports per request
  • Year end W-2 forms
  • Process and submit garnishments

Tax Preparation

  • Individual income tax returns – Form 1040 and all schedules
  • Sole Proprietors – Schedule C 1040 return
  • Limited Liability Company (LLC)
  • Partnerships returns
  • S-Corporations – 1120S returns
  • C-Corporations – 1120 returns
  • Multi-State sales and use tax returns
  • Multi-State income tax returns and related schedules