accounting & financial services

Smart Business Services does far more than record your financial transactions; our team offers a complete range of accounting and bookkeeping services. We prepare interim financial statements and work with you to develop and manage operating budgets, cash flow forecasts, and projections necessary to secure financing and keep your shareholders informed. We have worked with start-ups as well as more established organizations, frequently designing or redesigning charts of accounts to reflect more precisely the specific operational and transactional structure. We also provide comprehensive payroll services.

Our staff has in-depth knowledge of the two most common software applications utilized by small- to medium-sized businesses—QuickBooks and Peachtree.

When you outsource your accounting and bookkeeping to Smart Business Services you are gaining a business partner who will integrate seamlessly into your operations. You have access to trustworthy, skilled accountants with none of the overhead associated with full-time employees.

Accounting for Federal Government Contractors
Accounting in Government contracting has its own unique and specialized rules, regulations and standards. Unless a proper accounting system is in place, a contractor can be faced with enormous difficulties, lost profits, or lost contracts. The staff of Smart Business Services can help you bring your accounting system in line with these requirements and position your firm for growth within this very important sector.

• Indirect rate calculations
• Contract cost and pricing proposal
• Accounting system set up and implementation
• Development of accounting policies and procedures
• Preparation and submission of incurred cost statements to DCAA
• Assistance with DCAA Audits
• Preparation of Provisional Rate Budgets and Forward Pricing Strategies

Valuation Services
Working closely with Strategic Valuation Associates (SVA), we are also able to provide our clients with high-level financial services to help them get approved for loans and to prepare for possible mergers and acquisitions. SVA and their innovative CrossCheck® business valuation report and financial expertise, in tandem with Smart Business Services, provide business valuation/company appraisal, and financial advisory services. As our client, you will benefit from quantitative analysis, strategic advice, and domestic and international business development support to help you accomplish your business objectives.

We work in conjunction with the following valuation and corporate banking specialists:

David Velasco, Strategic Valuation Associates

Dianne Holland , Access National Bank

Tax Accounting
While we do not prepare your business tax returns, we have secured strategic partnerships with companies that have extensive knowledge of individual and business tax return preparation and strategies. Our clients have the choice of working with their own tax preparer, or with ours. The good news is that we understand the necessity of keeping accurate, substantiated records that make year-end closing and tax time a breeze. Regardless of who prepares your tax return, you will save money by engaging our accounting services throughout the year.
We are proud to be associated with the following tax specialists:

Marchetti & Company, P.C., Certified Public Accountants

Donna Bestebreurtje, DCB Inc.

"True professionals, the staff of Sbs/Nova is always responsive, meticulous with detail, and a pleasure to work with. They answer questions thoroughly, refer to others where appropriate, and have helped our young non-profit grow responsibly. We are lucky to have them as part of our team."

Jean Silver-Isenstadt
M.D., Ph.D.
Executive Director
National Physicians Alliance Reston, VA

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