In a small business, the controller will have the responsibility of wearing many hats. They are in charge of finance, accounting, bookkeeping, transaction processing, information management, tax planning and sometimes human resources. If there is an internal bookkeeper or accountant on staff then the controller is also responsible for the supervision of their activities while remaining hands-on with all other functions. The controller is also responsible for acting as the liaison with the company's outside advisors, including its bankers, auditors, lawyers and other business professional services.

An outsourced Controller/CFO provides senior level management expertise in many different areas. If you’re going to be controller for your company, you better like hats, because you’ll be wearing lots of them.

Most business owners perfer to focus on the operations and growth of their business while outsourcing this activity to someone that specializes in this area. Outsourcing provides owners with an opportunity to reduce overhead while increasing the quality of the staff, reducing their headache and allowing them to focus on what they know best...their business.

The Morton Accounting Services can review your organizations current controls and assist management in identifying weaknesses that exist. Additionally, we can provide assistance in the development of internal controls that will help ensure proper accountability and documentation of all financial activity to reduce the risk of fraud or misappropriation of assets within the organization. Consultation services can also include the assistance with preparation of the annual budget, assistance with the facilitation of the annual audit, financial statement preparation and presentation, establishing any special accounting required by loans, etc.

The Morton Accounting Services will perform monthly or quarterly accounting services which will consist of recording all source accounting transactions. We will maintain a computerized general ledger for your company on our professional accounting software and provide you with a monthly or quarterly trial balance and general ledger report. These reports will show your account balances and all activity to date for management's review and approval. Additionally, we have the ability to provide management with financial statements, including balance sheet and income statement, for internal review. Accounting services also include the preparation of monthly bank reconciliations. The Morton Accounting Services can also perform invoicing to your clients and process payments to your vendors.

The Morton Accounting Services provides weekly/bi-weekly processing of payroll for employees. Additionally, we will assist management in determining the contract labor status of individuals and paying those individuals appropriately. Payroll services also include the required form filings with regulatory agencies such as the IRS and Texas Workforce Commission on a monthly, quarterly and annual basis. Management receives a report for every payroll period which details the total payroll expense due for the pay period for their review and approval.

We have several services available for our individual and small business tax clientele.

Income Tax Consultation
The Morton Accounting Services will provide a tax worksheet for all returning clients that will display all previous income and deductions from the prior year with a column for the current year to make the gathering of your tax information easier. We also perform an analysis at the completion of the return to ensure you didn't miss any deduction you received credit for in the prior years. You are provided a free consultation at the completion of your tax return. The consultation includes a discussion of your refund or tax due status. We will also examine what is driving that status and explore methods to change your status for the future if you desire a different tax outcome (Tax Planning).

Electronic Filing
The Morton Accounting Services provides electronic filing for income tax refunds. By using the electronic filing option, clients can anticipate receiving their refunds as soon as 7 days after acceptance of their return. Simply inform us of your interest in participating in this program.