Stamos and Stamos

New Years Eve For most of us 2020 was a struggle. Calendar or fiscal year, let’s get started on 2021! Happy New Year to all of our friends and clients you are family to us! Stamos and Stamos, Strength in Numbers!

Today’s year end tip! Run Financial Reports. At a minimum, put together a profit and loss statement, a balance sheet, and a cash flow statement. Look at where your money went this past year. Now is a great time to determine whether you’ve met your profit goals and cash flow needs. If you’re a business owner that is not actively involved in management, consider having a year-end compilation, review or even audit of your financial statements by a CPA firm to give you comfor...t in their accuracy. Not sure how to start? That’s where we can help. Contact us, we are open from 8:30 am to 5pm Monday through Friday, also available on Saturdays by appointment. Stamos and Stamos, Strength in numbers! 714-998-0311

Today’s year end tip! Set Goals and prepare a budget for the Coming Year. The end of the year is a natural time to reflect on, and analyze, your business. Assess whether the business is where you want it to be, its prospects for the future, and whether your current business practices are adequate. As you reflect, set goals for the year to come. Not sure how to start? That’s where we can help. Contact us, we are open from 8:30 am to 5pm Monday through Friday, also availa...ble on Saturdays by appointment. Stamos and Stamos, Strength in numbers! 714-998-0311 See more

Today’s year end tip! Account for Inventory! Its required that all business’ with inventory get an accurate count at year end. If your business has physical inventory, complete an inventory check before year-end. Match your inventory totals to your balance sheet. If you find discrepancies between your count and balance sheet, adjust. Accounting for inventory at year-end can help you know how much you spent on inventory during the year and its value.... Not sure how to start? That’s where we can help. Contact us, we are open from 8:30 am to 5pm Monday through Friday, also available on Saturdays by appointment. Stamos and Stamos, Strength in numbers! 714-998-0311

Merry Christmas to all our friends and clients. You are family to us!