Services

We specialize in accounting services to small businesses who are not large enough to have financial professionals on staff.  We prepare financial statements (Balance Sheet / Income Statement / Cash Flow Statement) as well as any kind of more detailed schedule your business might need such as a Cash Disbursements Schedule or a subsidiary ledger such as an Accounts Payable or Accounts Receivable Listing.  Our firm can also assist clients setting up new business entities (LLC’s/Corporations) as well as a proper accounting structure to manage the company’s financials.

Heritage Accounting Services also works one-on-one with individuals and families to provide detailed personal financial statements.  These could be used as documentation to assist with loan processing or to quantify your current personal financial position.  This can also be a starting point for planning whereby we can forecast what future financial data points might look like using projections.  

Another specialty service provided by our firm is to detail investment performance by listing gains/losses from brokerage account activity allowing the ability to substantiate trading strategy effectiveness.  These results are reviewed with you to discuss the efficacy of your current strategy compared with investing style and goals.  As a licensed stockbroker for twenty years, the CEO tracked client trades in compliance with SEC/FINRA requirements.

Our firm can also provide training to individuals on personal finance topics or tasks.  Examples would be to show clients how to balance a checkbook or setting up a personal budget.  Another example of a personal finance subject on which our company can provide education is to define stock options and how they could be used as part of a trading strategy.  These are examples, but please inquire about specific training offered.

As a licensed stockbroker for twenty years and equity options trader for more than twenty-five years, the CEO of Heritage Accounting Services, LLC is excited to be able to share his experience teaching investors about stock options.  This training will define and explain call/put options as well as how each can be used within an investment portfolio.  The session will also show the different types of orders and how each can be implemented highlighted by detailed examples of various call and put trading strategies.  Each trading strategy will be further explored by citing pros and cons of buying/selling each call/put option type.  Participants will also be educated regarding the one option trade type an investor should never execute!  The class described above will be focused on the beginning stock option investor while an advanced training course regarding strategies this CEO uses to determine which equities to trade could be added at a future date.

Our firm can also provide short-term accounting help for your small business due to unforeseen circumstances such as an upcoming deadline or an unexpected leave from a key employee.  Heritage Accounting Services can also serve customers by assessing financial information as desired by clients via a third-party review.  

Heritage Accounting Services, LLC can also work with a client considering a new business idea and assist with preparing the proper paperwork to Federal/State Agencies as well as setting up a new accounting structure.

Our company can also provide employees or business owners training on personal finance or business topics.  Examples would be subjects such as how to reconcile the General Ledger Cash Account (or checkbook) to the bank statement, establishing a mileage log for tax purposes or setting up a budget.  These are examples, but please inquire about specific training offered.

Our firm’s CEO, Brent Edwards, has worked in various industries during his career, but has spent the bulk of this time in the healthcare services and defense industries.  With that being said, preparing financial statements or accounting schedules for small services businesses are generally universal regarding format allowing similar completion no matter the specific industry in which the client is involved.

Our company does not prepare FIT/SIT Returns.  If a client is in need of this service or looking for an alternative solution, our firm can provide recommendations.

Heritage Accounting Services works with its clients to ensure compliance with generally accepted accounting principles as well as discuss setting up a chart of accounts which will serve management and tax preparation purposes.

This firm’s CEO used QuickBooks extensively while managing a healthcare entity.  He also used a relational database government accounting software package as well as various other systems working for other companies.  The general software system structure is similar for the basic accounting processes.  

Our firm will communicate with its customer in the manner you desire.  We could communicate via phone, text, E-Mail or another manner of your choosing.  Our personal preference is to have a face-to-face meeting but understand that is not always feasible.  

Potential clients may contact Heritage Accounting Services so that we can set up a free initial consultation.  Our initial discussion can take place via phone, video or face-to-face meeting.

Our fees vary depending on the service and reduced rates can apply for longer engagements.  As a small business, we understand the cost pressures all companies face which is why our goal is to always provide the highest service to our customers for the best value.