Accounting and Finance Services

Accounting and Finance Services

At Lotus, our focus is always on helping our entrepreneur partners monitor profitability and improve cash flow. We strive to make sure you understand the gross profit implications of every sale transaction, and how every decision you make will impact cash flow. We also work with you to plan and see where these key aspects of your business are headed.

Turning your books and records over to the professional accountants, bookkeepers and strategic advisors at Lotus lets you focus on the talents that got you into business in the first place, rather than wasting your time and energy on managing your finance division.

Tapping our powerhouse roster of accounting and systems design experts, the Lotus team will build or enhance your QuickBooks file to become a fully integrated and streamlined financial system that drives productivity. We’ll get your financial systems talking to each other, so you can benefit from reports that drive better business decisions.

For the past decade, we have been helping businesses:

  • Reduce costs
  • Improve operational efficiencies and reduce manual processes
  • Streamline and integrate financial systems to produce greater financial intelligence
  • Monitor employee performance to identify the best employee and help attract more
  • Achieve timely, accurate and meaningful financials
  • Analyze the numbers to grow the business or fulfil your mission
  • Gain complete control of every aspect of financial management
  • Place a finger on the pulse of a business, with actionable financial reports and KPIs, along with actions to fix and fill gaps
  • Harness powerful and meaningful reporting and analytics for different levels of an organization, to make the best and most educated decisions

Here are some ways we can help you:



  • Bookkeeping and Accounting Services
  • Accounts Receivable
  • Accounts Payable
  • Payroll Services
  • Banking Activities
  • Reporting

Smart Reporting

Leveraging our knowledge of applicable key performance measures, we advise you on which reports you should be reading on a daily, weekly and monthly basis, and help you gain deeper insight into the information presented in those reports.

Based on your specific company, these reports could include any of the following:

  • Income statements: Monthly, year-to-date (by division or location, by department or revenue stream)
  • Sales reports: Broken down by rep, employee, division, territory, or whatever is important to analyzing your business results
  • Job cost reports: Summary, detail, month, year-to-date, or broken down as indicated for sales reports
  • Balance sheets
  • Statements of cash flows
  • Receivables and payables aging reports
  • Reconciliation reports: All bank accounts, credit cards, loans, inter-company accounts
  • Payroll reports
  • General ledgers
  • Actual vs. plan reports (if you have worked with us to prepare budgets or projections)


Pro-Sourced Enhanced Financial Management Services

We strongly believe that we cannot offer quality pro-sourced accounting services without also providing controllership services, so often we include them in your monthly fee when your business requires tracking or reporting in any of the following areas:

  • Cash management
  • Accrued expenses and/or payroll
  • Revenue accruals or deferrals
  • Prepaid expenses
  • Work in process (WIP)
  • Inventory
  • Planning: budgeting or forecasting
  • Fixed asset reporting and depreciation

Chief Financial Officer

Our CFO services enable growing companies to quickly and cost-efficiently fill any gaps in corporate financial planning and services. Much more than just a bookkeeper or accountant, this service provides a high-level, strategic planning partner with the expertise and experience to help devise and implement the next growth stage of your business.

Our CFO services can include:

  • Strategic planning
  • Key performance indicator (KPI) evaluation
  • Budget planning and preparation
  • Cash flow strategies
  • Banking and lender relations management
  • Exit strategy planning

Financial Reporting

We provide daily, weekly and monthly financial updates to keep you in the loop with your finances, including:

  • Trial balance reconciliation
  • Balance sheets
  • Income statements
  • Custom financial reports
  • Monthly reviews of company performance

Our in-house CPA department will help you craft the ultimate tax strategy and file your tax returns each year. Services include:

  • Income tax preparation
  • Tax planning
  • Entity creation and organization
  • IRS representation
  • Audit support

Lotus - Everything You Never Knew You Needed