YC Integrity Group offers end-to-end customized bookkeeping and accounting Services throughout the United States. We have multiple service models to suit your company's budget and corporate culture.

We also have a stellar team of accountants, ranging from junior accountants to highly-qualified CPA and CA professionals. We provide needs-based staffing solutions, ranging from short-term projects to long-term staffing solutions.

YC Integrity Group's team of experienced accountants focus on designing and implementing customized bookkeeping and accounting solutions that target every phase of the supply chain from budget to shipping.

The keeping of accurate, detailed inancial records is responsibility of any operating business, and not just for tax filing purposes. Preperly-kept financial records can offer insights into your profits, expenses, and liability as well. It also allows businesses to analyze their current operations and set future goals according to their strengths and weaknesses. 

QuickBooks (QB) is one of the most user-friendly accounting platforms out there, able to meet the needs of businesses in almost any industry. Small-to-medium-sized businesses can benefit a lot from using QB in particular.

There are two types of QB: QuickBooks Online (QBO) and QuickBooks Desktop (QBD), and each of them comes with their own advantages. QBO is an online, subscription-based version of QB that allows you to access your books wherever you have Internet. QBD, on the other hand, is designed for offline use and features more tools for inventory management.

Businesses with stock inventories must know how to properly manage and report them. Proper management allows for the easy tallying of how much stock is on hand, the profitability of every item, and insights into how the business can streamline their operations more effectively.

The two main accounts that are affected when there is stock in your inventory are the inventory asset account, which adds assets to your company's balance sheet, and COGS, which is a type of expense account that records profit and loss statements. 

Bookkeeping is the process of organizing transactions and data into main financial statements. The financial statements most relevant to a business are usually their balance sheet, profit and loss statment, and statement of cashflow, to name a few.

You need to submit your balance sheet and profit and loss statements when filing a tax return. Financial professionals like bankers, loan borrowers, and investors will look into these records when applying for a loan, for example.