Expert Accounting and Bookkeeping Services in South Dakota

As QuickBooks ProAdvisors, The Fino Partners offers expert Consulting and training for South Dakota companies on utilizing QuickBooks to the fullest extent. Whether you select QuickBooks Online or Desktop, we offer individualized support to create and configure the application to your business requirements. We will train you & your team on the platform - with hands-on instruction which makes daily accounting a lot less difficult. If there are any problems or require assistance troubleshooting QuickBooks, our team is on call to help you. Optimizing QuickBooks for your business keeps accurate financial records, simplifies processes and prevents mistakes. Many businesses use QuickBooks and with our assistance, you can get everything from billing to expenses in order.

• Provide personalized QuickBooks Online & Desktop support as ProAdvisors.
• Help setup and modify QuickBooks for your business.
• Offer training sessions to teach you and your staff to utilize QuickBooks.
• Troubleshoot QuickBooks problems you experience in everyday use.

Our QuickBooks consulting solutions are created to make your financial management efficient. For those who are new to QuickBooks, we help in optimizing your setup, and simplifying your accounting so you can concentrate on running your company.

At The Fino Partners, we prepare accurate financial statements which show you your business is financially healthy. We prepare critical financial documents like balance sheets and income statements meeting GAAP or other accounting standards your business requires. Whether you want these statements for internal use, for regulatory purposes or even to provide to investors, we'll make them timely and accurate. From controlling expenses to preparing for future expansion, these reports can enable you to make sound business decisions. Our team customizes financial statements to reflect your business operations. 

• Use GAAP accurate financial statements and income statements.
• Make financial statements unique for your business.
• Provide timely and accurate financial reporting for much better decision making.
• Give you clear financial insights to plan for future growth.

Your business needs accurate financial statements. With our in-depth reports, you will have the knowledge to make strategic choices, manage risks and plan for future growth - maintaining your company on sound financial footing.

A healthy cash flow is essential to any company and at The Fino Partners we enable you to track and control your cash flow. Our cash flow analysis service shows you where your money is coming from and going. We prepare cash flow statements which break down your finances, as well as investing and financing activities to show you your liquidity. We examine your cash flow and also help you find out possible issues, reduce spending and make educated choices regarding future investments. Regardless of whether you want to expand, bring down costs or enhance profitability, our cash flow analysis will assist you. 

• Track cash flow from operations, financing and investing activities.
• Make cash flow statements to understand your business liquidity.
• Offer insights on cash flow management to increase profitability.
• Recommend ways to manage spending and investments better.

Our cash flow analysis keeps you liquid and also lets you spot cash shortages before they happen. We offer actionable insights based on your financial position helping you to make educated choices to boost your cash flow and maintain long term profitability.

We at The Fino Partners help businesses with their accounts payable. From preparing invoices to regular payments, we keep your business in excellent financial condition. Our accounts payable management solution cuts down on the chance of late fees and also helps you keep good relations with your vendors. Automated processes along with correct tracking keep your payments on time and correct. With clear and accurate payable management, you can make the changes you need to enhance your financial approach and realize long-term success.

• Process all invoices and track payments.
• Keep up payments on suppliers and avoid late fees.
• Automate payment schedules.
• Provide thorough reporting on cash outflows.

Effective accounts payable management is essential to maintaining good relationships with suppliers. We process all payments on time and correctly so you can continue operating your business with no late fees or disruptions.

Managing accounts receivable is equally essential for your cash flow. At The Fino Partners, we deal with accounts receivable so you can keep up with unpaid invoices and minimize transaction delays. We assist you with invoicing clients, tracking payments & following up on overdue amounts. Our service also includes reports on outstanding receivables. We can assist you to keep your business cash flowing to fulfill your financial responsibilities and expand your company effectively. Trust our experts for professional accounts receivable management services.

• Invoicing and tracking payments coming from clients.
• Regular follow ups to reduce overdue payments.
• Ensure quicker collection for much better cash flow.
• Give detailed reports on outstanding receivables.

Using our accounts receivable management, you know your invoices are now being dealt with correctly. We collect on time and eliminate the headache of chasing late payments so you can continue operating your business as usual.

For businesses that want to process contractor payments, The Fino Partners provides 1099 processing. We prepare and file 1099-NEC and 1099-MISC forms, including e-filings with the IRS. This service helps you meet tax regulations and assure contractors get accurate forms for their records. Our team meets deadlines and files the forms correctly to avoid penalties. We also provide support in case of any questions or corrections needed after the forms are filed. This gives you peace of mind, knowing everything is handled accurately and on time.

• Prepare & file 1099-NEC and 1099-MISC forms accurately.
• To meet deadlines, e-file forms with the IRS.
• Mail recipient copies to contractors and file copies for customers.
• Meet federal tax regulations.

Appropriate 1099 processing is the key to staying away from IRS fines and assuring your contractors get their forms promptly. With our expert handling of these forms, we keep you compliant and also help simplify tax season for you and your contractors.

The Fino Partners also provides audit support that will help you get ready for any future audits. We organize your finances, gather the necessary documentation and walk you through the process of audit. Our team ensures your financial records and statements are correct to avoid penalties and to follow regulations. The Fino Partners will be with you every step of the way, ensuring the process is as smooth and stress-free as possible. We explain the audit process in simple terms so you fully understand what's happening and can deal with it with confidence.

• Organize financial records and documents for audits.
• Assistance in getting needed audit documentation.
• Give guidance to help audit processes.
• Help meet regulatory standards to avoid fines.

It may be intimidating to deal with an audit, however with our audit support services, your financial records are always in order. We offer the expertise to manage audits so that your business can enjoy a smooth audit and keep expanding.