our process

The first step is a face-to-face meeting to get to know you and your business:

• WHAT PRODUCT OR SERVICE DO YOU OFFER?
• WHO IS YOUR CUSTOMER?
• WHAT IS YOUR PROCESS FLOW?
• HOW DO YOU CURRENTLY TRACK AND REPORT ON YOUR BUSINESS ACTIVITIES?

Once we have completed the initial business consultation, we will provide you with an estimate for your monthly investment based upon the volume of transactions and the overall complexity of your business. The fee structure includes:

• VOLUME OF CUSTOMER INVOICES OR DEPOSITS
• VOLUME OF VENDOR INVOICES OR CHECKS WRITTEN
• NUMBER OF EMPLOYEES
• WE WILL ALSO PROVIDE A LISTING OF THE DOCUMENTS NEEDED TO PROVIDE YOU WITH THE INFORMATION REQUIRED TO RUN YOUR BUSINESS MORE EFFECTIVELY.

After we understand your business model, we offer suggestions on which of our services will best fit your needs:

• ACCOUNTS PAYABLE
• ACCOUNTS RECEIVABLE
• BANKING
• PAYROLL PROCESSING
• REPORTING
• GENERAL BOOKKEEPING
• FINANCIAL REPORTING AND ANALYSIS

Along the way, we will meet with you to review your business and define ways to improve your business process to reduce costs, methods to improve your inventory tracking, and other general business consulting tailored specifically to your business and your informational needs.
 

Lockhart & McAllister carries both professional liability (E&O) insurance as well as employee dishonesty coverage so you can be assured your assets are protected.

We work with all types of business structures, and we understand the record keeping and planning issues specific to each. Our clients are:

• SOLE PROPRIETORSHIPS
• PARTNERSHIPS
• CORPORATIONS
• SUBCHAPTER S CORPORATIONS
• LIMITED LIABILITY COMPANIES (LLC)
• NONPROFIT ORGANIZATIONS
• UNINCORPORATED ASSOCIATIONS
• HOME-BASED BUSINESSES
• ESTATES AND TRUSTS