Business Services
Many clients depend on Nail McKinney to provide them with basic accounting and reporting services on a regular basis. This is of particular benefit for the small business owner or growing business as it provides our clients with a cost-efficient method for obtaining basic accounting information, while also receiving our counsel and expertise on all aspects of financial management.
Due to the familiarity with all aspects of our clients business, our Tupelo, MS CPA firm is able to identify and solve many business problems before they become major concerns. Nail McKinney knows that well organized financial records ensure that your business operations will run more efficiently.
Our Tupelo, MS Business Services include: Bookkeeping (Monthly, Quarterly, Annually), Computerized Payroll Processing, General Ledger Preparation, Payroll Tax Preparation and Reporting, and QuickBooks Consulting.
Nail McKinney knows that well organized financial records ensure that your business operations will run more efficiently. The General Ledger is the "core" of your company's financial records. Since every transaction flows through the General Ledger, it is important that these records are reviewed for accuracy and that any discrepancies are discovered and corrected early.
Many clients depend on Nail McKinney to provide them with basic accounting and reporting services on a regular basis. This is of particular benefit for the small business owner or growing business as it provides our clients with a cost-efficient method for obtaining basic accounting information, while also receiving our counsel and expertise on all aspects of financial management.
Our Bookkeeping and General Ledger Services include:
Annual information return processing (1099s)
Bank Statement Reconciliation
Bookkeeping (Monthly, Quarterly, Annually)
Compiled Financial Statement preparation
General Ledger Preparation
Multi-State Sales and Use Tax Preparation
Quarterly and year-end payroll tax reporting
Sales Tax and Use Tax Return Preparation
Set up of Business procedures and Accounting Records
W2 Forms Preparation
Computerized Payroll Processing &
Payroll Tax Preparation and Reporting
Why outsource your payroll?
Many companies initially investigate outsourcing of payroll for the potential cost savings. They quickly realize that in addition to the administrative cost savings, the real benefit is the substantial savings in time, energy and trouble by having someone else responsible for deposit requirements, tax returns, W-2s, State and Federal wage and hour laws, and the time-consuming tasks of calculating and printing.
By choosing Nail McKinney as your professional payroll service provider, you are assured that:
Your payroll is calculated with precision,
All tax obligations are met accurately and on time,
Pay checks are reliably printed/deposited and delivered.
How our Payroll Solution works:
Our CPA firm can receive your payroll information each pay period via phone, fax, e-mail, or drop off.
You report your employees’ hours and any changes to the payroll such as deductions, pay increases or new hires.
We generate your company’s checks and/or direct deposits and payroll management reports.
Your payroll can be delivered via mail, courier, overnight, or you can pick them up at one of our local offices.
Our team of tax professionals ensures that all your tax payments are made accurately and on time. We can also file your quarterly and annual payroll tax returns and reports accurately and on time.
Each Payroll:
Laser Printer Payroll Checks/Direct Deposits (stuffed in envelope with signature scanned)
Payroll Journal and Check Register
Departmental Summary
Federal Tax Deposit preparation
Payroll Audit Report
Payroll Check Register
Hours Worksheet
Quarterly
Individual Employee Earnings Record
941 Federal Tax Return (prepared for your signature and submittal)
State Unemployment Tax Return
940 Federal Unemployment Tax Deposit preparation
State Tax Return preparation (as required)
Annually
W-2 forms prepared and submitted via magnetic media
W-3 Federal Withholding Report Electronically filed
940 Federal Unemployment Tax Return
All Supporting Wage/Tax Detail for Year's payroll
Additional Services
Direct Deposit (up to 3 different accounts per employee)
Scanning of company logos
Additional management reports
Benefit Accrual (vacation, sick day and other benefit accrual)
Benefits Register
Confidential
We recognize that payroll information is highly confidential. We will not discuss any aspect of your payroll unless you have authorized that person to us in writing. We do allow limited telephone inquiries if you have selected that option in writing and designated passwords.
QuickBooks Consulting
QuickBooks software has become the software of choice for many small businesses. While QuickBooks is designed for the layman to understand, the initial setup and installation must be done correctly in order for future information to be accurate.
In order to assist our clients in utilizing the software to meet the needs of their businesses, we maintain the status of Certified QuickBooks Pro Advisor. This certification is obtained through continuous education involving the software program as it evolves through new versions. Efficient utilization of the program can increase your productivity and decrease the amount of time required to maintain useful accounting records.
All information necessary to setup manual accounting records is also necessary to setup and install QuickBooks on your desktop. This task is even more complicated if you switch from manual accounting operations to QuickBooks in the middle of the year.
Which accounting method will you use?
What chart of accounts do you need for your business?
How do you handle beginning balances?
An expert can easily answer all of these questions and complete the initial Setup and Installation in a timely manner. In addition, your accounting employees receive training on the accounting software to enhance their performance.
Nail McKinney can also provide monthly, quarterly or annual review of client QuickBooks data to assist in tax preparation and management reports.
If you would like to learn more about our business services call us at (662) 842-6475 or contact us to schedule a consultation.
Our Offices
Our expertise is widespread and we have multiple office locations to make it convenient for you to get help. You can find us at:
Tupelo Location
PO Box 196
Tupelo, MS 38804
Amory Location
PO Box 64
Amory, MS 38821