Accounting


For many Kansas City small to medium-sized businesses, start-ups and entrepreneurs, having an in-house bookkeeper or accountant is not an option. Our team at Goering & Granatino assists businesses of all sizes, locally and throughout the country, with more than just keeping their books. Our team gets to know our clients, works to understand their goals and to tailor a business plan that specifically fits their individual goals.

Every aspect of doing business requires a financial component. We help our clients determine how much debt they can manage, the pros and cons of a loan versus line of credit, and how to seek financing from investors. In addition, we have helped clients with a plethora of other business related needs such as purchasing additional land, buildings or equipment, litigation, disaster planning, and insurance, just to name a few.

Perhaps what our clients like best is that we customize our offerings to meet their needs. Here are the business accounting services Goering & Granatino provides.


  • Financial Consulting
  • Quickbooks
  • Bank Financing
  • Financial Reporting
  • Payroll

Financial Consulting


With the ever-changing rules and regulations of the financial industry, there is no doubt you will have questions from time to time. We are here to help. Whether this is a quick phone call or in-person meeting, we want to do whatever is best for you. After all, what is the point of having an accountant if you can’t ask for financial advice? Our philosophy is to respond to clients within 48 hours so you get what you need, when you need it. Think of us more like your financial partner, rather than just an accountant.


Quickbooks


Quickbooks is the most popular small business accounting software system in the United States. It’s likely if you are reading this, you either currently use it or are considering it.

We utilize Quickbooks for many of our clients and we also help with initial set up and implementation of the software. We have a Quickbooks Pro-Advisor, Melanie Tuttle, on staff to help small and mid-sized businesses, start-ups and entrepreneurs with any question or needs they might have.


Bank Financing


When it comes to any matter dealing with your bank, Goering & Granatino is on your side. From helping you obtain financing to monthly reporting, our team can manage it all.

For many of our small to medium-sized business owners and entrepreneurial clients, we perform monthly reconciliations and financial reporting. This can include:

  • Cash flow reporting.
  • Identifying any lost checks, unjustified bank charges or unauthorized wire transactions.
  • Ensuring escrow funds, accounts, checks and disbursed funds are properly accounted for.
  • Baseline Reporting for a clear picture of how the business is performing.
  • Serving as the point person for you and your bank.

We work hard to provide easy to understand reports and provide advice in a way that makes sense to you. After all, you are busy managing a business; you don’t need to spend hours trying to decode bank jargon.


Financial Reporting


More than anything, business owners want to focus on their business. They want to do what they do best and trust their financial partner to provide real-time financial reporting to help them make vital business planning decisions. As fellow small business owners, we understand the ups and downs of growing and maintaining a business. We understand the need to always have your financial records in order so that you, banks and investors can easily understand your business’ bottom line.

Below is a snapshot of what we manage for businesses of all sizes:

  • Income Statements
    • Detail revenue and expense reporting
    • Budget to Actual Comparisons
    • Identify unexpected expenditures
    • Determine your income tax liability
  • Balance Sheets
    • Provide a snapshot of your financial strength
    • Identify and analyze trends
    • Determine ability for expansion
    • Determine if your business is thriving or slowing down and why
    • Advice on bolstering cash reserves or need to spend more
  • General Ledger
    • Maintain the core of your company’s financial records
    • Review monthly for any discrepancies

All of this information is available to you at any time thanks to your cloud-based client portal.


Payroll


Payroll is necessary for most businesses. Our team at Goering & Granatino knows there is no perfect solution for payroll because every company does it a bit differently. From comprehensive payroll services to online processing, we customize a solution that fits your needs. This can include the following:

  • Payroll checks prepared and printed on time.
  • All non-electronic payroll checks are laser printed on “blank” check stock to ensure maximum security and meet the micro encoding standards as set forth by the Federal Reserve System.
  • Free Direct Deposits.
  • Worry Free IRS and State tax reporting as well as EFTPS tax deposits.
  • User friendly and easy to understand monthly, quarterly, and annual payroll tax reports, including W-2, W-3 and 1099 forms.
  • Detailed reports on your employees’ vacation, sick days, and personal days accruals.
  • Creation and filing of the required new hire reports.
  • Payroll records maintained in excellent and easy to access shape.

In addition, we can help you prepare any of the following government required reports.

  • Worker’s Compensation Audits
  • Unemployment Claims
  • Social Security Audits
  • Child Support Audits
  • Preparation/assistance with Federal and State registration forms