Universal Accounting Services

Could you please give here detail about the services offered by Universal Accounting Services Ltd. Company?

[Shaleen]

Universal Accounting Services offers accounting services according to the need of company's . It offers services to fulfill the requirements of virtually any small business.

Services offers as :
• Accounting Services for small business
• Bank Reconciliations
• Bookkeeping Services
• Budgeting
• Cash Flow Management
• Conversions from Manual to Automated Systems
• Financial Statement Preparation
• Full-charge Bookkeeping
• General Ledger Preparation
• Human Resources Management for Small Business
• Income Tax Preparation
• Loan Application Preparation
• Payroll Services
• Preparation of Unemployment Forms
• Loan Package Preparation
• Tax Return Preparation
• Tax Planning

Way to increase Profit in Business
1. Send out customer statements on time so you can get paid

2. File all customer invoices so that nothing gets lost

3. Track late payments in order to resolve these problems quickly

4. Ensure that you stop serving customers who aren't paying their bills

5. Safeguard good customer relations by properly recording all payments

6. Accurately calculate interest, and collect it from overdue accounts

7. Reduce the need to borrow money due to poor cash flow

8. Ensure that you don't lose sales because items are out-of-stock

9. Avoid rush delivery charges to obtain out-of-stock items

10. Stop wasting money buying more of what isn't selling

11. Set your sales prices based on profit instead of conjecture

12. Concentrate on selling the most profitable items instead of the easiest ones

13. Identify profitable cross-selling opportunities

14. Avoid selling products at a loss because you don't take markdowns on time

15. Know which money-making product lines to expand, and which ones to drop because they're money-losers

16. Discover theft before it becomes a problem

17. Never pay a bill twice by mistake

18. Never lose a discount by paying a vendor late

19. Reduce the need to borrow by planning for your payment due dates

20. Maintain your good credit rating and keep your borrowing costs low

21. Obtain better credit terms based on your good payment history

22. Know how much payroll and sales taxes you owe, in order to avoid penalties and interest

23. Never write a bad check

24. Never pay another bad check service charge

25. Make sure all your cash receipts are credited to your account

26. Know when you have excess cash so that you can put it to work

27. Track your expenses in detail so you know which ones can be reduced

28. Never spend beyond your budget

29. Get the maximum tax deductions for the expenses of running your business

30. Figure your profit on a cash or accrual basis so you pay the lowest taxes



Contact Detail :
Universal Accounting Services
5288 South Commerce Drive
Salt Lake City, Utah 84107
801-550-7808