Professional services
Project or client revenue, work in progress, retainers, contractor costs, payroll, collections, and concentration.
Finance questions by business modelOutsourced Accounting
Build a monthly accounting foundation people can actually use.
LedgerArbor organizes the close, core statements, supporting schedules, and unresolved questions into a repeatable cadence—so leadership can see what changed and what still needs attention.
Month-end close / working paper
A close is a sequence.
CollectReconcileReviewReportHand off
From activity to a reviewed reporting set
Final scope depends on the accounting system, basis, entities, transaction volume, integrations, backlog, and internal responsibilities.
Records
- Month-end checklist with inputs, owners, dates, and dependencies
- Transaction coding and account-activity review
- Agreed bank, card, processor, loan, and other reconciliations
Review
- Classification, period cutoff, unusual activity, and recurring entries
- Receivable, payable, deferred-revenue, debt, fixed-asset, or inventory schedules
- Payroll and third-party source coordination
Reporting
- Profit and loss statement, balance sheet, and cash-flow statement
- Management summary of notable changes and assumptions
Handoff
- Explicit unresolved-item list
- Prepared package for the tax professional or authorized reviewer
Monthly cadence
A close is a sequence, not a black box.
Collect
Confirm statements, processor reports, payroll records, invoices, inventory inputs, and owner responses.
Reconcile
Match agreed balance-sheet accounts and investigate differences rather than carrying unexplained amounts forward.
Review
Assess classification, period cutoffs, unusual activity, recurring entries, and reporting changes.
Report
Prepare the agreed statements and schedules with movements, assumptions, and unresolved items visible.
Hand off
Assign follow-up and route questions to leadership or the designated professional.
The same statements can require different operating context.
The accounting policy and detail should match the decisions the business needs to make.
Ecommerce
Channel settlements, fees, discounts, refunds, returns, freight, fulfillment, inventory, advertising, and sales-tax clearing accounts.
Organize the tax handoffGrowing SMBs
Entities, locations, departments, owner transactions, debt, fixed assets, payroll changes, and approval paths.
See how responsibilities are mappedClear ownership protects the quality of the close.
Tax positions, audited statements, assurance, and legal conclusions are outside this service definition.
- LedgerArbor may own
- Preparing, reviewing, reconciling, documenting, and following up on agreed accounting work.
- The client owns
- Complete and timely source information, authorized approvals, business representations, and final decisions.
- Outside professionals own
- Tax determinations, audit and assurance work, and legal conclusions within their respective engagements.
Questions
Outsourced accounting questions
Do you use cash-basis or accrual-basis accounting?
The appropriate basis depends on the business, reporting needs, tax-professional input, and approved scope. The current basis and any proposed change are documented first.
Will we receive financial statements every month?
If monthly reporting is in scope, the engagement identifies the statements, schedules, inputs, review cadence, and responsibility for unresolved items.
Can you work in our existing accounting system?
System fit, access, integrations, and record quality are reviewed before scope is confirmed.
Who approves payments?
The client's authorized approvers retain approval and release controls. Workflow roles are documented separately.
Can you prepare audited or reviewed financial statements?
Audit, review, compilation, attest, and assurance services are outside LedgerArbor's scope.
Make the next close easier to follow.
Share the accounting system, last completed period, main pain point, and the report or decision leadership needs next. Do not send credentials or sensitive records initially.