Accounting Services

Accurate record-keeping is essential to a successful business, yet can also be complicated and time consuming. Phillips Harvey Group can help you with the organization and day-to-day tasks of bookkeeping so that you can focus on your core business.

Phillips Harvey Group's payroll services can help you reduce the time spent on administration through developing and implementing a computerized payroll system that will facilitate processing, timely payment, and preparation of tax returns.

From your company's inception through its growth and development, we can advise you on a multitude of management decisions. Including but not limited to: entity type, restructuring, employee benefit planning, and other business concerns. With our knowledge, expertise, and network of other industry experts, we’re confident you will always be receiving the most advantageous support and guidance for your future.

From start-ups to established enterprises, businesses rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities. Phillips Harvey Group's accounting services steer you closer to these goals with accurate record-keeping and reporting as well as support on financial issues such as initial accounting system setup, cost-containment, tax planning, investments, and employee benefit and profit-sharing plans.

These services include but are not limited to:

• General ledger and financial statement preparation
• Bookkeeping (Monthly, quarterly, or annual)
• Accounting system setup and support
• Payroll processing
• Cash flow budgeting and forecasting
• Personal financial statements
• Employee benefit and profit-sharing plans
• Corporate tax planning and return preparation
• Litigation support

At some point, every business grows to a level where they need a business consultant to help forge operational decisions and/or strategic planning. So often businesses are not able to hire a full-time CFO or controller at that moment due to cost barriers and need a skilled professional to fill in the void on a part-time basis to drive the business forward to higher levels of business thinking. We are here to help and provide the solution to your particular dilemma. PHG tailors our CFO or Controller services based on your business structure and related needs.

Our CFO or Controller services would be specifically designed for your business and would include but not limited to:

• Key performance indicators and core business issues.
• Critical thinking and decision-making processes.
• Training and mentoring key staff.
• Internal control environment structure and assessment.
• Accounting procedures manual and financial policies.
• Improve quality and timeliness of financial reporting.
• Tax strategies to alleviate tax issues.
• Budget preparation, reviews and monitoring.
• Benchmarking and trend assessments
• Dash board reporting.
• Strategic planning and long-term vision.
• Cash management and cash protection.
• What if scenarios on acquisitions vs leasing.
• Relationship building and liaison with attorneys, bankers, vendors, etc.
• Culture building and leadership development.

QuickBooks can provide useful and timely information in the form of financial statements, reports, and graphs. However, it can only provide this information if you purchase the right product and then install, set-up, and use it properly. We don't just help you use the software, we help you use it more efficiently and more effectively.

Phillips Harvey Group offers the following solutions to help meet your QuickBooks needs:

Personal Training

We train you personally! Either one-on-one or for several individuals within your organization at your company's location.

Installation

We install QuickBooks on your stand-alone computer or in a network environment, in either single- or multi-user mode.

Setup

We assist new QuickBooks users with initial setup, including: EasyStep Interview, Preferences, Lists, Customers, Vendors, Employees, Banking, and Reports. We also help experienced users manage their businesses more effectively by improving their current setup. Many users experience problems and lack the ability to generate and track important information as a result of inadequate setup.

Support

Our QuickBooks support service can assist you with any installation, setup or operation assistance you might need. In addition, our support is not limited just to the software part of it, but also includes accounting and payroll assistance.

Review

Our QuickBooks review service helps companies that have the human resources to perform daily accounting and payroll tasks, but need an accounting and payroll expert 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. Reviews may be conducted at any time, but monthly reviews provide you with up-to-date information and feedback about your business.

No one can predict the future perfectly, but we can all benefit from planning for it. Phillips Harvey Group combines expertise and experience with a gained understanding of your business to produce financial projections that can help you manage your business plan and spending. Forecasting for the future is imperative to your company's success. We make it a point to keep current with market trends and updates so that your business can be prepared for what is to come. Depending on your needs, our work can range from top-level reports to detailed financial models.

The range of needs for valuing businesses continues to widen, and Phillips Harvey Group can provide in-depth analysis to help you identify and analyze the factors that drive the value of your company or one in which you have an interest. Uses for this service include estate planning and compliance, buying and selling businesses, divorce matters, family limited partnerships, and ESOPs. There are so many factors that contribute to the perceived value of a business. Our expert help can help you evaluate entities that you have an interest in and guide you towards making business decisions that you feel confident with.

At Phillips Harvey Group, we focus on building close client relationships that add long-term value. This includes assuring the solidity of financial records, evaluating financial procedures, and working to produce strategies that help our clients face the myriad challenges of business planning and execution. Our clients benefit from objective analysis to assist in controlling costs, increasing efficiency, and implementing new technologies and procedures that take advantage of changes in the marketplace, accounting standards, and tax law. Our assurance services will improve information quality or its context, meaning more success for your business.

These services include but are not limited to:

• Entity selection and restructuring
• Accounting software selection, implementation, and support
• Business valuations
• Financial projections and forecasts
• Debt and finances advising
• Mergers and acquisitions
• Transaction structuring and negotiations
• Business succession

We have decades of experience providing financial and business services for professional service firms — after all, we are one. Whether you’re a veterinarian in Estero, an engineer on Marco, or a Naples physician or dentist, we can help you identify and solve any problems that your firm or partnership might be facing. Let us put our first-hand professional services knowledge to work for you and help you with any needs you might have.

• We prepare all income, payroll, and sales tax returns
• Our skillful team of QuickBook experts is available to assist you whether you are a new user or need advanced training. From set up and maintenance to AP / AR, payroll, and more, we have the answers you are looking for. Or, if you wish, you can outsource your bookkeeping to our experienced staff.
• Tax planning and tax awareness is a must for business owners. Federal and state tax laws can influence the choices you make for your business throughout its life. And, of course, the rules keep changing. We will keep you informed and help make the best choices.
• Our accounting and auditing staff can help you generate accurate and meaningful financial statements that will help you and your management team spot trends and evaluate operating results. Banks and bonding companies often require your CPA to report on your financial statements. Our experienced accountants can audit, review, or compile your statements as necessary.
• We frequently work with medical practices assisting with reconciling insurance billing ledgers and work with the billing teams to manage collection and ensure continuous cashflow.
• Our staff is available to assist with careful analysis of entity selection and how Personal Service Corp and Qualified Business Income classifications can maximize deductions.