Cash flow is simply the flow of funds into and out of a company. The cash flow statement is the essential summary of the cash coming into a business including sales, collecting accounts receivable, investments, and loans. And it reflects the funds going out of a business including accounts payable, operating expenses, payroll, sales and marketing expenses, and loan repayments. Cash is a current thing, not a yesterday thing, and not a tomorrow thing. As American businessman and author Robert…
Relax, we've got you covered.
Our monthly bookkeeping, payroll and accounting services streamline your processes and save you time so you can focus on running your business.
As a business owner you have more to worry about than bookkeeping, financials, forecasting and payroll. You started your business to do what you love, let us take care of the numbers. Doerhoff & Associates has one goal in mind, to provide a comprehensive approach to business accounting services.
Designed With You In Mind
Every business owner has a unique set of needs for accounting services. We provide only what you really want and need. Let our comprehensive set of services fill the gap and support you so you can grow.
Focus on the unique talent that convinced you to start your business in the first place while we handle the numbers.
Bookkeeping & Accounting
Streamline your day to day accounting, bank reconciliation, financial statements and forecasting.
Support for QuickBooks
Unlock the full potential of QuickBooks for your business with one of our Quickbooks ProAdvisor Accountants.
We’ve all heard the old quotes about time like “Time waits for no one,” and “There is no time like the present.” It is true that time matters a lot. And in business, the time taken to plan and prepare in advance is critical to achieving success. It is amazing to think that the autumn season is already upon us and that means that it is indeed time to make important financial preparations as the end of the year approaches….
In recent weeks taxpayers have received many IRS notices stating they have not paid their 2019 taxes even though the tax was timely filed and paid. It seems during the pandemic when IRS workers were off, the IRS accumulated unopened mail in trailers set up outside the IRS facilities. With the electronic filing system the actual tax return and balance due goes into the IRS computers immediately when efiled. As a result the system is generating balance due notices…
Hiring just anybody is easy. Simply see if they can “fog a mirror.” Yet, hiring the right person, especially the first hire for a small business, may not be easy but it is crucial. It is crucial because a business owner should want the hire to fit, to contribute, and to stay contributing. As Lawrence Bossidy, author and former COO of General Electric said, “I am convinced that nothing we do is more important than hiring and developing people. At…
Business success requires a lot of things including a mission/purpose, excellent products or services, good people, and good operations. But it also requires profits. The old saying “No margin, no mission,” means that every successful company must have good financial and accounting practices that help it to achieve sustained profitability. As financial and investment expert Warren Buffett said, “Accounting is the language of business.” That “language” requires monthly reporting, quarterly, and annual reports. Good information is both accurate and timely,…
The primary purpose of every business is to make money; to generate a profit. If there is no return on effort and on a business’s investments, the business will surely die. There are clearly two major ways to generate profits: increase revenue and decrease cost. A key solution to control and reduce business cost is outsourcing, a widely embraced practice where a business hires a party outside the company to perform services that could otherwise be performed inside the company….