Balance Sheets Business Accounting Services Time Saving Cost Effective

Get a comprehensive bookkeeping solution with Ignite Spot, including customer invoicing and collections, bank reconciliations, credit card management, bill payment, and more. We offer a full range of bookkeeping services for small-business owners to comprehensively cover all your accounting needs.

1. Business Bank Reconciliations
2. Credit Card Management
3. Accounts Receivable
4. Accounts Payable
5. Sales Tax
6. Payroll

What Is Provided by an Outsourced Service in Accounting?

Our small-business accounting services extend to the most important areas in finance and accounting. When you work with us, our accounting services cover financial reporting, tax returns and strategy, and CFO services. Below you’ll find a more detailed description of all of our bookkeeping and accounting services for small businesses. You’ll find that our talented staff of online accountants for small-business owners can manage all of your needs, so you can spend more time focusing on other aspects of your business.

Financial Reporting

Our staff can provide daily, weekly, or monthly financial updates to make sure that you’re in the loop about your finances. These updates cover:

1. Balance sheets
2. Trial balance reconciliation
3. Monthly reviews of company performance
4. Income statements
5. Custom financial reports

Tax Returns and Strategy

Our in-house CPAs can help you to create a tax strategy as well as take care of filing your tax returns every year. Our CPA services include:

1. Income tax preparation
2. IRS representation
3. Tax planning
4. Entity creation and organization
5. Audit support

CFO Services

Our CFO team can offer cash-flow forecasting, labor optimization, budget analysis, and more. You can also get powerful reports as well as coaching calls as needed.

1. Cash-Flow Forecasting
2. Budget-to-Actual Reporting
3. Break-Even Analysis
4. Labor Cost Management
5. Variable vs. Fixed Expense Reporting
6. Debt Planning and Reduction

Commercial motor insurance in China
Commercial motor insurance in China offers a wider financial protection. This includes claims other than traffic collisions, such as theft, keying, weather or natural disasters, and damage caused by colliding with stationary objects.

There are two segments of commercial motor insurance in China: basic risks and additional risks. Car owners have to purchase insurance for basic risks first, which will then provide them with access to additional risk insurance.

Basic risks include:

Vehicle damage insurance covers all the damage to the car regardless of reason.
Theft insurance covers the vehicle and anything happens in an event of burglary or theft.
Quota-free insurance pays 100% compensation regardless of who is hold responsible for the accident.
Passengers insurance covers all passengers and is purchased according to the number of car seats.
Additional risks include:

Free compensation special insurance is when insurance company is responsible for compensation in the liability limit according to the deductible amount, based on the rate specified in the corresponding basic insurance clause.
Risk of spontaneous combustion refers to the compensation for the loss of the combustion vehicle caused by the failure of the vehicle’s electrical, wiring, fuel supply system and the cause of the cargo itself.