We love to help get your accounting software to match your bank statements. We can do it on a short term project basis or as long as you need us.
Cash Flow Forecasting
Models to help you value your company and make strategic decisions about when to hire new employees or how much to spend on marketing.
We are ready to help you with any of your accounting needs from Chart of Accounts Setup to filing your taxes.
Our management consulting, startup, and corporate finance skills makes us a great partner to help with other issues your company is facing. We would love to hear about any issues you are facing.
We can help with 1099’s, company and personal taxes, and tax consulting to minimize taxes.
Helping to improving profitability or growth through building a staffing plan, raising money and Cash Flow forecasting / Budgeting.
I always loved numbers - my favorite classes in high school were algebra and calculus and I scored a perfect score on the math section of the ACT. I received my BS degree in Mechanical Engineering from Duke University in 2002. Upon graduation, I worked for six years as a management consultant at Accenture. Once I decided to leave the world of consulting, I moved onto corporate finance, and worked for Cricket's finance department for four years, eventually being promoted to Director of Finance. I am passionate about startups and founded 3 while I was working at Accenture and Cricket. I left Cricket in 2014 and founded two companies including Finance Pals in 2015. Everything seems to have come together perfectly and now I can truly follow my passion of helping startups and small business with their finances.
We can handle all of your finance needs on a part time or interim basis
We can help you with big decisions like determining when to hire new employees or creating new reporting such as profit margin by service line
We are much cheaper than hiring a full time bookkeeper and make a lot less mistakes than hiring your own part time employee
Once we understand your books we often find customers that need to be billed and multiple savings opportunities. This is where we go above and beyond to make sure your business is successful.
Alex Mattevi, CPA
Sawyer Jones, CPA
For most CEOs one thing they struggle with for bookkeeping is how to classify transactions – should it be an office expense, cost of goods sold, or ask my accountant? Luckily there are some guidelines to follow from a tax perspective and so your financials are easy for someone to look at and understand how Read more about How to classify transactions for bookkeeping[…]
Now that PPP2 has come and gone for the most part we are seeing more questions for help on the Employee Retention Credit (ERC) to see if they are eligible and how to apply. We will cover both in this article but first lets give a little background. What is the Employee Retention Credit (ERC)? Read more about Employee Retention Credit (ERC) Overview[…]
Invoicing for hourly time across staff and clients is very time consuming. We used to use Google Sheets and manually combine multiple staffs tabs into a master tab and filter it so that we could find out how much time was worked on a given client. Then we would have to enter each line manually Read more about Automate Hourly Invoicing using Quickbooks Time[…]
I am super big on automating anything that can be automated to make bookkeeping and life in general more efficient and easier. In this video I show you how automate QBO Bookkeeping with Rules so that QBO will auto classify transactions. Here is a video on how to add rules to QBO – Here are Read more about Automate QBO Bookkeeping with Rules[…]
One way to improve your bookkeeping is to automate as many tasks as possible. One task that everyone hates is AR follow up. AR is accounts receivable, which is the invoices that your company has sent customers that have not been paid yet. Getting your customers to pay is not as easy as it should Read more about Automate AR Reminders in QBO[…]
Finance Pals provides bookkeeping, tax and CFO services to startups and small businesses. Here is a video describing the bookkeeping, tax and CFO problems we solve and the types of clients we help and when we help them. The table is summarized below. Bookkeeping Tax CFO Problems we solve •End of year cleanup / preparing Read more about Finance Pals Services – Bookkeeping, Tax and CFO[…]
Paul Heffner, CEO of Financial Pals, discusses what CPA firm services are and how they can be beneficial to personal and business financial health. Although most small businesses are not required to have a CPA involved, it’s always a good idea for a small business and start-ups to hire a CPA to review its internal controls, evaluate accounting software, obtain tax advice, and so on. Read more about What can a CPA firm do for you?[…]
What Are Fractional CFO Services?Finance Pals, Paul Heffner, expands on the valuable role a Fractional CFOcan provide as a financial consultant for your start-up and financial advisorfor maximum growth potential and profitability in your business. A fractional CFO assists CEOs and advise on questions regarding situations such as cash flow. As a financial consultant for Read more about What are Fractional CFO services?[…]
PPP2 is rolled out and we are excited 🙂 Here us how to Calculate Revenue Reduction for PPP2 and other tips to get a PPP2 loan. We go over PPP2 Application Criteria, How much you can borrow and Forgiveness Criteria. Here is a video with some slides in case you are visual person 🙂 PPP2 Read more about PPP2 – How to Calculate Revenue Reduction and other tips[…]
Bookkeeping is a very general term and has many different definitions kind of like a handyman. Some handyman can repair everything from HVAC to plumbing and painting, while others really only do smaller jobs like change out locks or fix a garbage disposal. Bookkeeping is the same way. Some bookkeeping firms only provide basic bookkeeping Read more about What are bookkeeping services?[…]