Services

Whether you are in startup mode or an established small business,

… you probably need help in developing and improving your financial systems.

Viking Financial Consulting provides the following:

• Accounting system design and implementation – Develop and put in place an accounting system tailored to your business.
• General ledger analysis and cleanup – Review financial transactions to verify that they are properly classified and recorded.
• Reconciliation of bank and credit card accounts
• Timely and accurate financial statements – There are two basic financial statements that every business needs:
  • Balance Sheet – This gives the business owner a snap shot of the business’ financial position at a point in time.
  • Income Statement – Also known as a Profit/Loss Statement, it takes an itemized list of all revenue and subtracts an itemized list of all expenses to arrive at the profit or loss for the period.
• Financial statements will be generated either monthly or quarterly, depending on business need.
• Analysis of results – You have received your financial statements, but what are they telling you?

Viking Financial Consulting will provide you with insight into the tends that are driving your
results.

• Payroll services – You need to pay your employees, calculate the proper withholdings and submit the tax amounts and forms on a timely basis. Viking Financial Consulting will assist you with Quickbooks Online Payroll so these tasks can be performed accurately and on a timely basis.

Viking Financial Consulting will assist you with Quickbooks Online Payroll so these tasks can be performed accurately and on a timely basis.

Building a business is very time consuming

You know all about your product but what about managing your business?
Is your organization operating efficiently?
Are you facing issues that you don’t know how to address?
Let us put our extensive experience to work for you.

The following are some examples of value added projects that we have performed:

• Successfully challenged a property tax revaluation avoiding a $25K annual increase.
• Developed and implemented an accounting system for a forest products manufacturing facility.
• Analyzed tax audit results saving $100K in back taxes, penalties and interest.
• Performed due diligence for a $20 million acquisition.
• Developed systems to improve product cost accuracy.
• Revised the receivables collection system reducing days outstanding by 9 days.
• Identified deficiencies in inventory systems resulting in more accurate inventories.

Contract Services
We are available for assignments as a short term Controller or Chief Financial Officer.

Quickbooks
We are certified QuickBooks Proadvisors. We can assist with system design and setup, training and selection of applications.