Expert Services Since 2005
ACCOUNTING, BOOKKEEPING AND QUICKBOOKS TRAINING IN CHICAGO
Vellios Accounting is a full-service financial accounting firm dedicated to helping our clients achieve the most efficient and reliable bookkeeping and accounting systems—systems that will provide them not only with sound financial assessment and reporting, but also peace of mind, and the freedom to focus on what they do best: running their businesses.
We have the expertise to analyze your company’s unique situation and provide you with recommendations for the best course of action to take to achieve your accounting needs.
Every business and not-for-profit entity needs a reliable bookkeeping system that is based on established accounting principles. Keep in mind that accounting is a much broader term—it covers a much broader spectrum than bookkeeping. Bookkeeping refers mainly to the record-keeping aspects of accounting. Essentially, it’s the process of recording all of the information regarding all of the transactions and financial activities within a business.
Accountants design the internal controls for bookkeeping system. These controls serve to minimize errors while recording large numbers of transactions that a company engages in. This activity is recorded over the course of the financial period. The internal controls that accountants design, and put in place within your bookkeeping system, are also relied on to detect and deter theft, embezzlement, fraud, and dishonest behaviors of all kinds.
While QuickBooks® is user friendly, mistakes are commonly made in the set-up process which can result in inaccurate data and costly troubleshooting. Even if you are an advanced QuickBooks user, it may be a good idea to go through our 4-hour Introduction to QuickBooks Seminar to ensure the accuracy of your setup; a skillset that requires in-depth knowledge of accounting principles, workflow and the software. Call 773-217-1125 now to register, classes fill quickly.