General Accounting & Bookkeeping for Small & Medium Size Businesses

General Accounting & Bookkeeping for Small & Medium Size Businesses

Our accountants have overseen the financial operations of both small and large organizations. With a wide range of industry experience, we are prepared to meet your accounting and consulting needs. We offer the full spectrum of accounting services -all performed by experienced accountants. When you outsource your accounting to Two Hills, you will receive:

  • Insightful Reports: You will have timely reports that you can use to make decisions about your business.
  • High Level of Accuracy: Feel confident in the quality of your accounting records. We are certified QuickBooks Pro Advisors and can help your small business with your accounting needs.
  • Efficiently Performed Accounting: We believe in leveraging technology to ensure the regular accounting is done efficiently. We have the technological background and the understanding of the latest systems and can assist you with performing your accounting efficiently.

Bookkeeping Services

We offer the full spectrum of accounting services – all overseen by experienced CPAs.

  • Monthly/Quarterly/Annual bookkeeping service: We can take information from your bank and credit card accounts, loan documents, and inventory and update your accounting records. We have worked with a wide variety of businesses and are able to update the records with minimal input from you. At the end of the month or quarter, we will generate financial reports for you to use for business decisions. We will customize the reports to provide the information you need to understand your operations.
  • Initial Accounting System Setup: Setting up your system correctly is important for long term functionality and ease of use. We can assist you by designing your entire accounting system or reviewing your current one.
  • QuickBooks training/other types of accounting software training: We will meet with you individually and get you up and running on your accounting software.

Intuit QuickBooks ProAdvisor

Intuit QuickBooks ProAdvisor

Financial Statement Preparation and Compilations

We offer monthly, quarterly, or annual compilation services to assist your business in meeting loan or shareholder reporting requirements. We have worked with a number of small businesses and understand the reports that are the most useful for banks and owners. We are a peer reviewed CPA firm and will prepare and/or compile the financial statements in accordance with AICPA standards.

Payroll Services

You can trust your payroll is in good hands with our comprehensive service. Because we have a full view of your business, we can integrate the payroll calculations with the rest of your finances leading to a full financial picture and better planning. Key features of our payroll service include:

  • Peace of Mind:  The comfort that you are in full compliance with laws and regulations: Did you know that 1 out of 3 small businesses pays a penalty to the IRS each year? With our payroll service, you will be prepared and have accurate filings for every deadline.
  • A Complete Set of Forms:  We complete your federal and state filings including: Federal form 941/944, State wage withholding, State Unemployment Insurance, local Occupational Privilege Taxes, and annual W2’s and 1099s.
  • Ease of Use: Paychecks will be direct deposited into employee bank accounts. Taxes will be directly deposited with the IRS and state.
  • Insightful Reports: You will be provided with access to an online system to manage payroll along with a full set of insightful reports on your business’ wages and tax liability. The system will also integrate seamlessly with your current accounting software.

Sales Tax Services

Sales tax is particularly complicated in Colorado due to the high number local jurisdictions with different rules in the Denver metro area. We will assist you with understanding the sales tax requirements for your city and industry. After the initial setup and registrations, we will prepare your sales tax returns on a monthly or quarterly basis as needed.