Our Services

Open Door Accounting caters to entrepreneurs and small business proprietors, aiding them in the prosperous expansion of their enterprises. While conventional accounting and bookkeeping services focus on transactions such as managing financial records and tax preparation, Open Door Accounting goes beyond that. Instead of simply processing numbers and charging a fee, we prioritize the aspect of profitability. Collaborating with our skilled accountants and bookkeepers can actually result in a significant boost to your financial gains. Here are some of the valuable services we offer to our esteemed clients.

Profitability Analysis

Open Door Accounting  can track and analyze your financial data to assess the profitability of different products, services, or divisions within the business. This analysis helps identify areas of strength and areas that may require adjustments.

Cash Flow Managment

Open Door Accounting  can assist in creating a cash flow management plan, ensuring that funds are allocated appropriately to different accounts to meet financial obligations and maximize profit. .

Business Financial Planning

Open Door Accounting understands that as a decision maker you need to know where your organization stands financially at all times. One uninformed decision could cost your organization greatly. This is why Open Door Accounting is so passionate about regularly reporting to their clients in a way that is comprehensive and yet comprehendible. This enables you to:

• Understand where/why your business is making or losing money
• Identify and control overhead costs
• Project where your business will be in 6-12 months
• Budget and save for the future

Tax Planning

Open Door Accounting understands that business tax planning is a crucial aspect of financial management that allows businesses to minimize their tax liabilities while maximizing their after-tax profits.  Open Door Accounting can guide your businesses through this process. We will analyze your company’s financial records, transactions, and future projections to identify potential tax-saving opportunities. By staying updated with the latest tax laws and regulations, we ensure that businesses take advantage of all available tax incentives, deductions, and credits.

Tax Preparation

Business tax preparation is a critical service provided by Open Door Accounting to ensure that businesses meet their tax obligations accurately and efficiently. We meticulously review financial records, including income statements, balance sheets, and expense reports, to compile the necessary information for tax returns. We stay up-to-date with the ever-changing tax laws and regulations, ensuring compliance and minimizing the risk of audits or penalties. Our expertise will help your business identify applicable deductions, exemptions, and credits, optimizing the business’s tax position while maintaining integrity and transparency. 

Business Accounting & Bookkeeping Services

Open Door Accounting offers comprehensive business accounting and bookkeeping services designed to streamline financial operations and support the growth of businesses. Our experienced professionals, handle tasks such as managing accounts payable and receivable, reconciling bank statements, preparing financial statements, and tracking expenses. By maintaining accurate and up-to-date financial records, we provide businesses with valuable insights into their financial health and performance. Open Door Accounting also ensures compliance with tax regulations by accurately calculating and filing taxes. Our commitment to providing personalized attention and tailored solutions allows businesses to focus on their core competencies while leaving the complexities of accounting and bookkeeping to the experts. Whether it’s a small startup or an established enterprise, Open Door Accounting’s services help businesses make informed decisions, improve efficiency, and achieve financial success.