Small business accounting is more than recording transactions. It’s knowing whether you made money last month, whether you can afford to hire, how much to set aside for taxes, and what your numbers will look like to a lender. Epsilon Accounting Solutions, PLLC gives small business owners in Edmond, Oklahoma City, and beyond a CPA-led accounting function without the cost of an in-house finance team.
We work with sole proprietors, LLCs, partnerships, S-Corps, and small C-Corps, from businesses in their first year to established companies with a full staff. You get one CPA who knows your business and answers your questions directly.
What Our Small Business Accounting Covers
- Monthly bookkeeping and bank and credit card reconciliation
- Monthly or quarterly financial statements: profit and loss, balance sheet, and cash flow
- Accounts receivable and accounts payable tracking
- Sales tax filings for businesses that collect it
- Payroll processing and payroll tax filings
- Year-end cleanup and business tax preparation
- QuickBooks setup, cleanup, and training
Financial Statements You Can Actually Use
A profit and loss statement is only helpful if you can read it and act on it. We deliver clean statements on a regular schedule and walk through them with you when something changes: margins slipping, a customer paying slowly, or expenses creeping up in one category. That conversation is often where the most useful decisions get made.
Accurate statements also matter outside the business. Banks ask for them when you apply for a loan or line of credit, landlords ask for them before signing a lease, and buyers ask for them if you ever decide to sell. Having them ready and reliable saves time and strengthens your position in every one of those conversations.
Choosing the Right Entity and Paying Yourself Correctly
How your business is set up affects how much tax you pay. Many owners start as a sole proprietor or single-member LLC and never revisit that choice as income grows. We review your structure, show you what an S-Corp election would save based on your actual profit, and help you set a reasonable salary if you make the switch. If you’re just getting started, our new business formation service helps you get it right from day one.
Tax Planning Built Into the Year
Because we keep your books all year, tax planning happens as the year goes on instead of in a rush before the filing deadline. We review estimated payments each quarter, flag opportunities like retirement contributions and equipment purchases while there’s still time to act, and prepare your return from books that are already complete.
Who We Work With
Our clients include contractors, medical and dental practices, law firms, real estate investors, restaurants, retailers, and professional service firms. You can see some of the industries we serve on our industries page. Whatever your line of work, the approach is the same: accurate books, clear reports, and a CPA who is easy to reach.
Ready to hand off the accounting and get clear numbers every month? Call (405) 458-8949 or schedule a consultation.