Thursday, August 2, 2012

What is Piña Business Services?





Hello and Welcome to Piña Business Services Bookkeeping and Tax Blog!

My name is Gabriel J. Piña and I started a Bookkeeping and Tax business in 2007 to provide a service for small to medium size businesses.  Providing Bookkeeping and Tax Services to Self Employed, Corporations and Non-Profits alike over the last 5 years have been a great joy.

My company slogan “Bookkeeping is like a Puzzle, do you know where to put all the pieces?” this is how I look at your company: A puzzle.  Every puzzle is unique in its own way.  My goal is to show you how your company is doing on a weekly, monthly or quarterly basis, and to show you how it will impact your yearly tax return.

There are many facets to provide a Bookkeeping service, and a lot of it depends on you the client.  The basic of Bookkeeping is creating a Profit and Loss statement based on your receipts and Bank Statements.  This will tell you if you are profitable or not, as well as where you spent your money.  To take it to the next level we look at a yearly budget, and categorizing your income and expense to specific categories (as you can see in the example below, the Job Workshop had a net income of $1,850, while the business as a whole had a net income of $21,150), and we look at your budget on a monthly basis to see if you are spending more or less then you budgeted. 
           
                        Income
                                    Sales                                      $25,000
                                    Job Workshop                       $  2,000
                        Total Income                                      $27,000

                        Expenses
                                    Advertising                             $     500
                                    Office Supplies                      $     200
                                        Job Workshop Supplies   $     150
Rent                                        $  5,000
                                    Total Expenses                                 $  5,850

                                    Net Profit                                            $21,150
                                               

Other facets of Bookkeeping Services are but not limited to: Bank and Credit Card Reconciliation, Financial Statements, Accounts Payable and Accounts Receivable, and Sales Tax Reporting. 

On a quarterly basis, I analyze your Profit and Loss Statement and your Balance Sheet and come up with a report of your self employment taxes and income tax for the following year.  If you pay quarterly estimated taxes, you are more than likely paying off of your last year tax return, instead of paying off of actual numbers.  Which means you can still be underpaying or overpaying, either way, wouldn’t you rather pay off of actual numbers?
 
I have an office in Santee and am mobile throughout the San Diego County

Piña Business Services was named Santee’s Favorite Tax Preparer by the Santee Patch in April of 2012.

Thanks for reading my blog, and when you get a chance check us out on Facebook – www.facebook.com/pinabiz , Twitter - www.twitter.com/gabe_the_taxguy and of course our website www.pinabiz.com

Give us a call at (619) 726-1158 to make an appointment for a free consultation. 


Have a great day!!!!



1 comment:

  1. Great post Gabriel! I have just checked out your website and think you have a really good business going for you. I am from Blackthorn Bookkeeping here in the Toronto Area in Canada, and I can relate to many of the aspects of your business as well. There is one thing we can both agree on though, and it is that every business, small-medium-large, requires some form of bookkeeping customized to its needs. Quality bookkeeping services and training is that every company needs to stay afloat. I look forward to reading your future blog posts Gabriel!

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