Accounting & Outsourcing

Faced with the challenge of balancing time and resources, small to midsize businesses often do not have enough work to justify the cost of hiring a bookkeeper or accountant on a full-time basis. Our services are offered on a daily, weekly, monthly, quarterly or annual basis. Grasso & Company offers accounting services that are scalable to the specific needs of your business, acting as an economical way of enabling owners to grow their business to the next level.

Outsourcing

Grasso & Company will assume the role of a full-time bookkeeper or controller by taking on the day to day tasks associated with your accounting and bookkeeping function. We will write checks, prepare sales invoices, record bank deposits and vendor bills. We will reconcile balance sheets and income statement accounts while maintaining your general ledger and prepare sales tax and payroll reports.

Financial Statement Preparation
Audit Schedule Preparation
Audit Support
Debt Finance and Advising

Whether your needs are corporate or personal, Grasso & Company, LLC’s professionals can assist you in sorting out the different options available for debt management and financing that will lower your payments and/or reduce the total amount of interest paid. Re-balancing your debts can also result in tax deduction savings. Even if you are able to handle the payments and the amounts of your current debts, our expertise may be able to save you money and/or lower your payments. The above services are not all inclusive. We would meet to learn about your business and can tailor our services to accommodate your needs.

Bookkeeping and Write Up

From start-ups to established enterprises, businesses rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities. Grasso & Company, LLC’s bookkeeping and write up services will steer you closer to these goals with accurate record-keeping and reporting as well as support on financial issues. We use the data from your banking and credit card activity, sales, disbursement and other relevant sources to reconcile accounts, prepare a general ledger, balance sheet and income statement as well as file sales tax reports, prepare quarterly payroll reports and year end 1099’s and W-2’s.

Accounting System Review

Our accounting system review service helps companies that have the human resources to perform daily accounting and payroll tasks, but need an outside accountant to review your transactions, accounts and reports. This review ensures that you receive timely, relevant and reliable financial information. We also inform you of any corrections, adjustments or reclassifications necessary to ensure that the financial information you receive reflects the correct financial condition of your business.

QuickBooks Support