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Bookkeeping Services in Rancho Cucamonga, CA

As a small business owner you have more important things to do than to keep your own books. As one of the top tax preparation firms in Rancho Cucamonga you can trust us to expertly manage your books for you, so you can get back to the job of running your business and generating profits!

Each month or quarter we'll do the following things for you...


These tasks form the solid foundation of your small business AccountingBookkeeping system. You can customize the package of Rancho Cucamonga tax services you receive by adding payroll, tax planning, tax preparation, or any of our other services including Quickbooks support .

Bank Reconciliation

Reconciling your business checking account each month allow us to keep your bank account, AccountingBookkeeping, and taxes up-to-date.

Having us reconcile your account each month allows you to...

  • Identify lost checks, lost deposits and unauthorized wire transactions.
  • Detect and prevent excess/unjustified bank charges and ensures transactions are posted correctly by your bank.
  • Detect and prevent embezzlement of funds from within your company.
  • Know how your business is doing? You can't really know unless all accounts are reconciled and properly accounted for on your financial statement.
  • Manage your cash more effectively. Proper management of funds not only saves money, it makes money for you.
  • Protect yourself. By timely reconciling and promptly objecting to your bank about any unauthorized, fraudulent or forged checks presented to your bank and paid by that bank, you can relieve your agency of responsibility for the shortfall and transfer the risk to the bank. This reason to reconcile alone should be enough. Crime exists.
  • Sleep Better. You will sleep more peacefully at night knowing your bank accounts are reconciled, in balance and that all escrow funds, accounts, checks and disbursed funds are properly accounted for.

Income Statement

An income statement, otherwise known as a profit and loss statement, basically adds an itemized list of all your revenues and subtracts an itemized list of all your expenses to come up with a profit or loss for the period.

An income statement allows you to...

  • Track revenues and expenses so that you can determine the operating performance of your business.
  • Determine what areas of your business are over-budget or under-budget.
  • Identify specific items that are causing unexpected expenditures. Like phone, fax, mail, or supply expenses.
  • Track dramatic increases in product returns or cost of goods sold as a percentage of sales.
  • Determine your income tax liability.

Balance Sheet

A balance sheet gives you a snapshot of your business' financial condition at a specific moment in time.

A balance sheet helps you...

  • Quickly get a handle on the financial strength and capabilities of your business.
  • Identify and analyze trends, particularly in the area of receivables and payables. For example, if your receivables cycle is lengthening, maybe you can collect your receivables more aggressively.
  • Determine if your business is in a position to expand.
  • Determine if your business can easily handle the normal financial ebbs and flows of revenues and expenses?
  • Determine if you need to take immediate steps to bolster cash reserves?
  • Determine if your business has been slowing down payables to forestall an inevitable cash shortage?

Balance sheets, along with income statements, are the most basic elements in providing financial reporting to potential lenders such as banks, investors, and vendors who are considering how much credit to grant you.

Maintaining a Clean General Ledger

The general ledger is the core of your company's financial records. These records constitute the central "books" of your system. Since every transaction flows through the general ledger, a problem with your general ledger throws off all your books.

Having us review your general ledger system each month allows us to hunt down any discrepancies such as double billings or any unrecorded payments. Then we'll fix the discrepancies so your books are always accurate and kept in tip top shape.

Unlimited Consultations

We are always available to spend time with you so you fully understand how to interpret and utilize the financial information we provide. Our consultations are already included in our price, so please feel free to call us whenever you have a question or concern.

Contact Paramount Tax & Accounting Rancho Cucamonga if you'd like to receive a Free Consultation on our Small Business AccountingBookkeeping Service.

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Get started with Paramount for your tax services in Rancho Cucamonga, CA, recommended by family and friends every time.

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Contact Paramount Tax & Accounting Rancho Cucamonga

Easy Online Booking

Get started with Paramount for your tax services in Rancho Cucamonga, CA, recommended by family and friends every time.

OR

Request Appointment

Contact Paramount Tax & Accounting Rancho Cucamonga
Request Appointment

Bookkeeping cpa Rancho Cucamonga

I’ve been a client for 17yrs and enjoy the service and dedication I receive from Chris. From day one he’s treated me like family not just a business transaction. Thank you Chris and look forward to another decade plus.
— iggs2k, Posted April 7th 2024 on google
As always, Chris and all of the staff at Paramount do a great job each and every time! So nice to work with professionals who care enough to do their best. Thank you!! Dottie G
— Dottie Gallivan, Posted March 22nd 2024 on google
Expertise and excellent tax accounting the staff is kind and intelligent 👌
— David Ordaz, Posted March 21st 2024 on google
Marlenne C did my taxes for the first time but this will definitely NOT be my last!! Not only is she super kind but she was able to answer all of my questions and explain further more. She also provided some tips for the next years taxes that were very helpful. Love her!!
— bryanna r., Posted March 20th 2024 on google
Everyone at the company is amazing and so helpful!
— Janae Rivera, Posted March 27th 2023 on google
Been working with Chris for many years. He is very knowledgeable and helpful. Have recommended him to family and friends.
— Gitesh Bhaga, Posted February 3rd 2022 on google
Mike was knowledgeable, personable, and welcoming for our appointment! You can tell he really cares about helping his clients succeed financially, outside of just taxes. He was thorough in breaking things down and gave great future recommendations.
— Troy Fiawoo, Posted March 14th 2024 on google
I had a wonderful experience with Paramount. Everyone was extremely kind and helpful, and all my questions were answered. Andrew helped prepare my taxes and made my tax season this year stress free. On top of that, he was very kind, professional but also easy to talk to. I highly recommend anyone to come here for tax ...
— Miguel Perez, Posted March 10th 2024 on google
Outstanding customer service! Everyone is so nice
— Carmen Garcia, Posted March 10th 2024 on google
Honesty and integrity is the heart of the office. Appreciate their work & care and my only regret is that we didn’t find them sooner! Thank you Chris!
— Rob Ashton, Posted March 9th 2024 on google
Excellent.
— Scott Sandusky, Posted March 8th 2024 on google
Chris is always so helpful and informative. I had lots of questions and he was very patient. He made me feel that I could take all the time I needed to understand our tax situation. Paramount Tax also offers more than just tax preparation. I highly recommend this company if you're looking for a professional and caring ...
— maggie miller, Posted March 23rd 2023 on google
I have been a longtime client Paramount Tax & Accounting for over 10 years with nothing but great complements for the Team. I have referred my family and friends and they have also been very satisfied with the services received. I will continue to use and refer Paramount Tac & Accounting. A big Thank you to the Team Le...
— Leo Mongelli Realty, Posted February 27th 2023 on google
Mr. Collins has great expertise in the field and gives great advice.
— Andres Giles, Posted February 17th 2023 on google
I love this place great team
— Domonic Mares, Posted March 5th 2024 on google
Been using Paramount tax and accounting services for over 15 years and they are the best! Highly recommend them!
— Art Longoria, Posted March 5th 2024 on google
I’ve had the pleasure of working with Chris for my tax filing needs for over 15 years, and I must say, the experience is always excellent, quick, and painless. First and foremost, the efficiency of Paramount Tax stands out to me. Their platform is intuitive and user-friendly, making it easy to input all necessary inf...
— Cindy Gonzalez, Posted March 4th 2024 on google
I have been using them for all my tax and financial needs for the past 14 years and would highly recommend them for anything you may need.
— Shane Childs, Posted February 4th 2022 on google
Friendly and awesome service every time
— Ray & Kristi Zuniga, Posted February 27th 2024 on google
We found Paramount Tax on yelp and decided to give them a try after doing my taxes on turbo tax for years! Michael did our taxes in less than an hour and was very patient and thorough as I have two small children! Absolutely loved our experience and will be using them from here on out!
— Brittany Muha, Posted February 27th 2024 on google
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Many people do not know how a professional tax firm differs from a tax preparer. The main difference when working with a professional tax and accountingbookkeeping firm, such as Paramount Tax & Accounting Rancho Cucamonga, is that our firm utilizes the services of licensed professionals.

Paramount has worked hard to create relationships to deliver the value that our clients expect. In fact, our goal is to be the No. 1 firm in Rancho Cucamonga. So when you ask yourself, "Where can I find accountingbookkeeping services near me?"... think no further than Paramount Tax & Accounting Rancho Cucamonga!

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Whether you are filing personal taxes or you own a business, if you are not already using a professional tax and accountingbookkeeping firm, you have most likely already missed out on major tax benefits, deductions and credits. This is because a professional tax and accountingbookkeeping firm utilizes licensed professionals, who can not only advise individuals on personal financial matters but who are qualified to advise businesses, financial institutions, nonprofit organizations and government agencies on a wide range of financial topics. Our strict standards ensure that we understand the complicated tax laws and how to implement strategies that return the most benefits to individuals and businesses. Give Paramount Tax & Accounting Rancho Cucamonga a call or visit our tax and accountingbookkeeping firm in Rancho Cucamonga for a free consultation.

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Rancho Cucamonga, CA Tax Services

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