Payroll and Bookkeeping Services
Focus on Your Business Growth While We Handle Your Financial Operations
Managing payroll and bookkeeping can be one of the most time-consuming and complex parts of running a business. At APA Financial Services, we take the stress out of your day-to-day accounting operations so you can focus on what matters most—growing your company and serving your customers.
Our experienced team of accounting professionals provides comprehensive payroll and bookkeeping services that ensure accuracy, compliance, and efficiency in every detail of your business finances. We stay current with tax laws, employment regulations, and accounting standards so you can make confident business decisions.
Payroll and Bookkeeping Services in Chicago
Accurate financial record-keeping and timely payroll processing are essential for any successful business. Whether you're a small startup or an established company, having reliable payroll and bookkeeping services can save you time, reduce errors, and help you maintain compliance with federal, state, and local regulations.
At APA Financial Services, we understand that every business has unique financial needs. Our team works closely with you to develop customized solutions that fit your business model, industry requirements, and growth objectives.
Our Payroll Services
Payroll Processing and Tax Filing
We handle all aspects of payroll processing, from calculating employee wages and deductions to filing required tax forms. Our team ensures that your payroll is processed accurately and on time, every time. We manage federal, state, and local payroll tax obligations, including:
- Federal income tax withholding
- Social Security and Medicare taxes (FICA)
- State income tax withholding
- Unemployment insurance (FUTA and SUI)
- Workers' compensation reporting
Direct Deposit and Employee Payment Setup
We can set up and manage direct deposit for your employees, making payroll distribution seamless and efficient. Our system ensures that your employees receive their pay on time, every pay period, while reducing the administrative burden on your business.
Quarterly and Annual Payroll Tax Reports
We prepare and file all required quarterly and annual payroll tax reports, including:
- Form 941 (Quarterly Federal Tax Return)
- Form 940 (Annual Federal Unemployment Tax Return)
- State unemployment tax reports
- W-2 and W-3 forms for employees
- 1099 forms for contractors
Payroll Compliance and Record Keeping
Our team ensures that your payroll practices comply with all federal, state, and local employment laws. We maintain detailed payroll records and help you stay compliant with minimum wage requirements, overtime regulations, and other employment standards.
Our Bookkeeping Services
Bookkeeping and General Ledger Maintenance
We maintain your general ledger with precision and accuracy, recording all financial transactions in a timely and organized manner. Our bookkeeping services include:
- Accounts payable and receivable management
- Expense tracking and categorization
- Revenue recording and reconciliation
- Journal entry preparation
- Month-end and year-end closing procedures
Bank and Credit Card Reconciliation
Regular reconciliation of your bank accounts and credit card statements is crucial for accurate financial reporting. We reconcile all your accounts monthly, identifying discrepancies, tracking outstanding items, and ensuring that your books accurately reflect your actual financial position.
Financial Statement Preparation
We prepare comprehensive financial statements that give you a clear picture of your business's financial health, including:
- Balance sheets
- Income statements (profit and loss statements)
- Cash flow statements
- Customized financial reports tailored to your needs
QuickBooks Setup, Training, and Support
Whether you're new to QuickBooks or need help optimizing your existing setup, our team can help. We provide:
- QuickBooks software setup and configuration
- Chart of accounts design
- User training for your staff
- Ongoing support and troubleshooting
- Integration with other business systems
Why Choose APA Financial Services for Payroll and Bookkeeping?
Accuracy and Compliance
Our experienced team ensures that every transaction is recorded accurately and that your business remains compliant with all tax and employment regulations. We stay up-to-date with the latest changes in tax law and accounting standards, so you don't have to.
Time Savings
By outsourcing your payroll and bookkeeping to APA Financial Services, you free up valuable time to focus on growing your business, serving customers, and developing new opportunities. We handle the time-consuming tasks so you can focus on what you do best.
Cost Efficiency
Our comprehensive services can be more cost-effective than hiring full-time accounting staff, especially for small to medium-sized businesses. You get access to a team of experienced professionals without the overhead of additional employees.
Expert Guidance
Beyond just processing transactions, we provide valuable insights into your financial data. Our team can help you understand your financial statements, identify trends, and make informed decisions about your business's future.
Scalability
As your business grows, our services scale with you. Whether you're adding employees, opening new locations, or expanding into new markets, we can adapt our services to meet your changing needs.
Choose APA Financial Services for:
Comprehensive Financial Management
Our payroll and bookkeeping services work together seamlessly to provide you with a complete picture of your business finances. We ensure that all aspects of your financial operations are handled professionally and efficiently.
Reliable and Timely Service
You can count on us to process your payroll on time, every time, and to maintain your books with accuracy and attention to detail. We understand that your business depends on reliable financial services, and we deliver.
Personalized Service
Every business is unique, and we tailor our services to meet your specific needs. We take the time to understand your business, your industry, and your goals, ensuring that our services align with your objectives.
Peace of Mind
When you work with APA Financial Services, you can rest assured that your payroll and bookkeeping are in expert hands. We handle the complexities of financial management so you can focus on running your business with confidence.
Let APA Financial Services handle your books and payroll—so you can handle your business. Contact us today to schedule a consultation and learn how we can help streamline your financial operations.