Full cycle accounting refers to the ongoing maintenance of business transactions throughout an accounting period, including adjusting entries, producing financial statements, and closing the books for each period.
We remove the hassle of managing day-to-day financial tasks, saving you critical time and allowing you to focus on growing your business.
Full cycle accounting is essential to ensure federal and state tax law compliance and ongoing access to real-time data. This provides cyclical insight into your organization, allowing leadership to make informed and timely strategic decisions on a monthly basis.
Call 240-307-0100 today to learn more about our bookkeeping and payroll services. We'll be glad to answer your questions.
Prax works with your schedule to be available whenever you need us. We can do anything, from monthly checkups to full-time bookkeeping.
In addition to payroll preparation, our bookkeeping services include: