Beacon Accounting focuses on small and emerging businesses. Our clients range from start-ups with annual revenues of $50,000 to established organizations with annual revenues in excess of $25,000,000. Clients typically have between 2 and 40 employees. For many of our clients, we are the sole accounting resource for their organization while other clients maintain their own bookkeeping function and engage us to provide the monthly accounting close and produce financial statements. Our clients come from numerous industries and have various lines of businesses. Our current roster includes the following types of organizations:

  • Construction
  • Mortgage Services
  • Retail
  • Entertainment
  • Personal Services
  • Security
  • Health Care
  • Printing
  • Software/Technology
  • Health Club/Fitness
  • Professional Services
  • Equestrian
  • International Distribution
  • Real Estate
  • Telecommunications
  • Manufacturing
  • Restaurant
  • Transportation
  • We help our clients navigate the complexities of accounting and tax related issues. Due to the recurring nature of our services, we maintain strong relationships with our clients. We strive to partner with clients and often take on a business advisor role. Our services are tailored to the needs of each client and thus our accounting solutions span a broad range. Examples of client engagements are as follows:

    Computer Manufacturer & Distribution Corporation with revenues of $15 million. We recreated accounting records covering a two-year period, produced financial statements, and prepared corporate income tax returns. Installed and set-up QuickBooks Pro accounting system, created an inventory tracking database, and established product-level profitability reporting system. Upon completion of the set-up and clean-up phases, we now provide monthly accounting processing, prepare monthly financial statements, and produce cash flow reports.

    Start-up Telecommunications Equipment Distributor. We created chart of accounts, implemented an accounting system, processed accounting transactions for one-year start-up phase, and produced financial statements. Prepared financial model and business plan, negotiated corporate debt agreement and line of credit, and created three-year financial/operations plan. At present, we provide monthly accounting processing including preparation of financial statements and also handle corporate tax filings and related issues.

    International Software Organization. Established a business entity for a foreign corporation including set-up of accounting system, registration with state and local tax authorities, set up payroll, accounted for complex equity transactions, recreated and processed accounting records for 18-month period, produced financial statements, and filed corporate tax returns.