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Accounting, Advisory, & Controllership Services (AACS)

MDA Professional Group, P.C., provides a comprehensive suite of Accounting, Advisory, and Controllership Services (AACS) designed to support the unique needs of your business. MDA’s mission-driven approach ensures that our team of experienced CPAs and accountants deliver reliable, innovative, and practical Accounting, Advisory, and Controllership Services.

Outsourced Bookkeeping and Reconciliation

Managing bookkeeping and reconciliation can be a time-consuming task for businesses. At MDA, we offer flexible bookkeeping and reconciliation services tailored to your needs, whether daily, weekly, monthly, or quarterly. We can handle all transactions or assist an internal bookkeeper with month-end adjustments and postings. Our reconciliation support provides an essential second set of eyes, minimizing errors and ensuring accuracy. With a CPA involved throughout the year, you can make informed management decisions and streamline year-end filings.

Monthly or Quarterly Financial Statements

Accurate and timely financial statements are crucial for making sound business decisions. MDA provides monthly and quarterly financial statements to business owners, boards, and management, helping you manage operating lines of credit, budgets, and performance metrics. Our financial statements ensure you have the information needed to make strategic decisions with confidence.

Payroll Tax Preparation and Compliance

Navigating payroll tax filings and compliance can be challenging. MDA assists with all aspects of payroll tax preparation and compliance, including 1095s, 941s, 940s, and W-2s. We manage both Alabama and out-of-state filings, handling payroll from start to finish or providing support for after-the-fact compliance filings. Our services ensure that your payroll taxes are accurately filed and compliant with all regulations.

Sales Tax Compliance

Sales tax reporting can be complex and varies by state. MDA offers comprehensive support for sales tax compliance, assisting with monthly filings and ensuring that your business meets all state requirements. Our team helps you navigate the intricacies of sales tax reporting, so you can focus on running your business.

Personal Property Tax Returns

Businesses must report personal property, such as office equipment, furniture, and computers, to the state of Alabama and others annually. MDA assists in preparing and filing personal property tax returns, ensuring compliance and accurate reporting. Let us handle the paperwork so you can concentrate on your business operations.

Accounting System Setup and Support

A well-setup accounting system is vital for accurate financial reporting. MDA helps businesses set up and support QuickBooks and other accounting systems, ensuring proper coding and posting. We can assist with simple setups or more complex configurations, such as creating a new chart of accounts or setting up a divisional structure. Our expertise extends to QuickBooks Desktop, QuickBooks Online, Sage 50, Unanet, and more. Investing in a proper setup saves time and reduces confusion down the line.

Controllerships and CFO Services

Our fractional CFO services provide high-level financial support tailored to your needs. Services include month and year-end close; governmental, grant, or commercial proposal support; weekly or bi-weekly meetings; internal bookkeeping staff training; budgeting and forecasting; audit support; cash flow analysis; indirect and overhead cost calculations; and more. We offer dynamic business support to help you achieve financial stability and growth.

Budgeting and Forecasting

Effective budgeting and forecasting are essential for managing business performance. MDA assists in creating multi-year and single-year budgets and revenue and expense forecasts based on set assumptions. Our models allow for management updates, providing insight into areas of concern or growth. With our help, you can make timely decisions on resource allocation and strategic planning.

Accounting Software Consulting

The right accounting software is crucial for tracking and managing financial performance. MDA offers consulting services to help you optimize your current software or determine if a new system is needed. We assist with software setup, updates to the chart of accounts, importing budgets, indirect cost tracking, and more. Our expertise includes QuickBooks Desktop, QuickBooks Online, Sage 50, and Sage 100, ensuring your software supports your business goals.

Transaction Consulting

Whether you are considering a sale, merger, or growth opportunity, MDA provides expert transaction consulting. We offer thorough due diligence, analysis, and advice for sellers and buyers, helping you understand the financial risks and rewards. With MDA on your side, you can make informed decisions and navigate business transactions confidently.