Accounting Services

We advise you on capitalization of repairs and acquisition of equipment or buildings and the depreciation process associated with capital assets.

We discuss and/or teach bank reconciliation. 

We are thoroughly versed in all payroll taxes – calculation, payment due dates, form filing and calendar year end reports required by various taxing agencies.

We understand Commercial Activity Tax (CAT) and sales taxes, not only in Ohio but many states throughout the country.

We are qualified to instruct procedures related to 401(K) plans and all retirement plans, including tax filings for the qualified plan.

We are familiar with trust fund and not-for-profit accounting, as well as construction percentage of completion accounting for jobs in process.

Every closely held business need assistance with bookkeeping and accounting from time to time. Where do I post this receipt? What account does this check get posted to? What kind of tax is this? Does the principal and interest of the loan payment get posted to the loan account or only the principal?

These are everyday questions that the staff of Frankel, Schickler & Seitz, LLP answer for our clients. We have a Quickbooks ProAdvisor on our staff that is a trained and licensed expert who has qualified for the designation through proof of professional knowledge via Intuit’s testing process.