(772) 337-9700

9am to 5pm
1958 SE Port St Lucie Blvd

Port St Lucie, FL 34952

Accounting and Bookkeeping

Our Services

  • Monthly Reporting
  • Income Statements
  • Balance Sheets
  • Cash Flow Statement
  • Budget Reporting
  • General Ledger
  • Bank Reconciliation

Monthly Reporting

Rizzolo group offers monthly financial preparation, business counseling and additional accounting and bookkeeping services to provide a quick and accurate picture of your business activity.  Financial statements provide owners and managers with current financial data thus enabling them to optimize their profits, keep their accounts receivable current, make sound business decisions and much more. They also serve as supporting documentation in the event of an audit. Rizzolo group can also prepare a business plan for use in managing your business.

Income Statement

This report, also called a Profit and Loss Statement, presents your monthly breakdown of sales, costs of sales, expenses and profit or loss. It can be formatted to accommodate any industry as well as those businesses with multiple divisions or departments. This report is ideal for gauging a business’ performance with regard to targeted levels such as sales, gross profit and overhead.

Balance Sheet

The Balance Sheet is a snapshot of you total business assets, liabilities and net worth at a given point in time. To the extent that a businesses’ assets exceed its liabilities; the business has a net worth. This report is particularly useful in determining whether your business is adequately capitalized, what your levels of receivables, debt, and will also enable you to make decisions about capital expenditures and how to improve profits among numerous other uses. Additionally, the Balance Sheet is used an analytical tool by Rizzolo Group will compare various components of the Balance Sheet in a process known as ratio analysis. This process allows for the further refinement of your financial data in the never-ending quest to maximize profits.

Cash Flow Statement

The cash flow statement provides aggregate data regarding all cash inflows a company receives from both its ongoing operations and external investment sources, as well as all cash outflows that pay for business activities and investments during a given quarter.  This is particularly important to companies using accrual based accounting.

Budget Reporting

Many businesses and organizations prepare annual budgets. Budgets provide the basis for controlling (monitoring and advising) activities of a business or organization by comparing actual performance (actual sales and costs to budgeted performance).  A budget report has columns for budgeted and actual amounts.  The difference between the two is known as the variance. If your business or organization utilizes a budget, Rizzolo Group can incorporate your budget data into your reports and provide you with your variances.

General Ledger

The General Ledger is the backbone of a business accounting system. It is the collection of accounts that supports the value items shown in the financial statements. It will usually include accounts for such items as assets, liabilities, revenue, expenses, gains and losses.  The General Ledger provides a record of the dates, check numbers, payees and amounts al all expenses and other disbursements within each of your business accounts. This report is also extremely useful in the event of an audit.

Bank Reconciliation

Careful comparison and proof of your bank account statement with your checkbook balance each month to ensure that you are working with the correct total. The bookkeeper to whom your account is assigned will reconcile your cash account statements on a monthly basis.

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