At Gallovic, Granito & Co. Ltd., our focus of professional accounting services is directed toward profit potential and cash-flow advantages of a carefully structured management information system for growing companies. Our service offers competently administered programs of checks a and balances. We also offer our clients the financial, marketing and tax insight that lends flexibility and stability to the operations for your business. You can count on our professionals to bring creative thinking progressive methods and decades of experience to the customized design and expandable accounting and business management systems; review if your internal reporting systems and controls; preparation of business and personal tax returns, and design and/or preparation of management and operational budget and reports. Saving time and money for a number of small businesses, we also provide complete bookkeeping service, payroll and clerical services, and training of client bookkeeping personnel. Take advantage of our expertise when you are considering, planning or revising a business project. Taking the right direction can prevent your accounting system from deteriorating into an after-the-fact device for tracking money that somehow slipped away.


Accounting Services

From start-ups to established enterprises, businesses rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities. Gallovic, Granito & Co. Ltd.'s accounting services steer you closer to these goals with accurate record-keeping and reporting as well as support on financial issues such as initial accounting system setup, cost-containment, tax planning, investments, and employee benefit and profit-sharing plans.

These services include but are not limited to:
- General ledger and financial statement preparation
- Bookkeeping (Monthly, quarterly, or annual)
- Accounting system setup and support
- Payroll processing
- Cash flow budgeting and forecasting
- Personal financial statements
- Employee benefit and profit-sharing plans
- Corporate tax planning and return preparation

We can set up financial reports for your view to streamline your business and save your valuable time. These reports are important tools that can guide your business in making financial decisions, planning, and evaluating performance.

Request information about Accounting Services below

Bookkeeping/Write-up

Accurate record-keeping is essential to a successful business yet can also be complicated and time consuming. Gallovic, Granito & Co. Ltd. can help you with the organization and day-to-day tasks of bookkeeping so that you can focus on your core business.

Request information about Bookkeeping/Write-up below

Tax Management Services

At Gallovic, Granito & Co. Ltd., we guide our clients through a full range of tax planning and preparation decisions with strategies that minimize your tax liabilities, maximize your cash flow and keep you on track to your financial goals. Our expertise, experience, analysis and thorough research allow us to optimize financial opportunities to be found in existing as well as recently altered tax laws. We are knowledgeable and up to date on the tax laws and can make sense of your receipts, bills and notices.

Request information about Tax Management Services below

Construction/Real Estate Services

As an investor, contractor, developer, broker or real estate agent, your competitive advantage is heavily weighted by access to quality information to enable you to recognize important new trends, anticipate their effect on your business, and respond quickly and prudently. At Gallovic, Granito & Co. Ltd., our management advisory and accounting services reflect an understanding of the market, its dynamics, and the internal and external forces that shape its economy. We can bring this insight to goal-oriented strategic planning that builds on your strengths, develops comprehensive business plans, and designs systems for effective financial management. We offer cash flow projections, tax planning and risk analysis, accounting/audit/tax preparation service, and recommendations for financing alternatives. Reviews of loan documentation and structure, partnership agreement, syndication offerings and other investment documents. In dealing with the complexities, risks and vast potential in the fields of construction and real estate, your success is vitally linked to timing, reliable information, flexible business strategies and effective asset management. Let us help you convert their power into profits.

Request information about Construction/Real Estate Services below

Retail/Wholesale Industry

Gallovic, Granito & Co. Ltd. has for many years been involved in the retail/wholesale industry. We have assisted clients in point-of-sale systems, recruiting and compensation plans, and inventory controls. We offer advice for today’s businesses with cash flow projections, computer consulting services, tax planning and preparation services, obtaining financing, and inventory control. When you are looking for innovative strategies to increase profits while minimizing taxes, turn to Gallovic, Granito & Co. Ltd. in dealing with the investments and risks in the retail/wholesale business, your success is directly linked to being informed, controlling costs, cash flow and inventory. Let us help you achieve that success by calling us today.

Request information about Retail/Wholesale Industry below

Audits, Reviews & Compilation

Gallovic, Granito & Co. Ltd. services include auditing account books and other records to render an opinion on the fairness of presentation of financial statements. We are able to issue a report on any financial statement we are associated with, but we do more. We regularly incorporate our recommendations in a management letter upon the completion of audit engagements--recommending ways to improve profitability; strengthen internal controls; and increase your operating efficiency. We provide high quality audits in a cost-effective manner by utilizing:

  • Sound time budgets
  • Trained professional staff
  • Continued Partner involvement
  • Computer assisted techniques
  • Client involvement in planning and conducting the engagement
Gallovic, Granito & Co. Ltd.'s financial statement services comprise all three levels of assurance depending on your company's needs.

-Audits offer the highest level of assurance to third parties, and include in-depth examination and confirmation of account balances, inventories, and selected transactions. We perform audits for you to remove errors, ascertaining the validity and reliability of your information.
-Reviews provide limited assurance to outside interests and involve inquiries and analytical procedures that confirm financial statement matters and identify any items requiring further analysis. We perform reviews to ensure the integrity of your data.
-Compilations are usually requested for internal purposes and are based upon information provided by a company's management. They do not offer assurance but may involve some adjustment to accounting records.

The Ohio Society of Certified Public Accountants has acknowledged the successful completion of an independent peer review of our accounting and auditing practice; and, after a thorough study concluded that our firm met or exceeded their stringent quality control standards. This provides third parties, clients and our own staff independent assurance that our firm provides quality service. We also perform special audits for a variety of situations at the request of our clients, third parties, regulatory authorities, landlords, etc. Call to see how Gallovic, Granito & Co. Ltd. can satisfy your needs at a reasonable cost or to meet with our auditors.

Request information about Audits, Reviews & Compilation below

Financial Planning

All of us lead busy lives. For many, the pressures of day-to-day responsibility pushes aside the development of a solid plan for a secure financial future -- a plan that can turn dreams into reality. If you can see yourself in that all-too-common profile, you owe it to yourself to take an important step to rescue your tomorrows. We suggest you begin by talking with one of our financial planning professionals. Why a CPA? Recent surveys have shown that CPAs are the most trusted financial advisors - bringing with them far more objectivity than advisors who also sell financial products. As a member of your team of accountant, attorney, banker, insurance agent, stock broker and pension consultant Gallovic, Granito & Co. Ltd. can review your financial situation and help you establish strategies to realize your personal goals and your financial objectives. Our trained professionals analyze every aspect of your financial picture - your net worth, goals and objectives, cash flow, investments, retirement, estate and tax planning, and insurance needs. We identify weaknesses in your existing program and recommend potential remedies. We ensure that all elements of your plan are put into effect and are coordinated with the work of other members of your financial planning team. We provide you with useful, practical knowledge through quality service to meet the challenge of today’s complex financial marketplace and changing tax laws. A Gallovic, Granito & Co. Ltd. professional can assist you in the development of your next personal financial plan. Your future is worth it.

Request information about Financial Planning below

Estate Planning

When you are selecting your estate planning team, which includes your accountant, attorney, banker and investment advisor, look to Gallovic, Granito & Co. Ltd. We can help you establish realistic goals that are achievable within the framework of your resources. As a member of your team we provide you with creative plans for the conservation and transfer of assets in a manner to effectively control income taxes today and minimize estate and gift taxes in the future. Further, we show you ways to shield your estate from the impact of catastrophic long-term illness. Through consultation with your attorney, we can assure that your will, trust and other instruments take advantage of recently enacted legislation and judicial decisions related to the conservation and transfer of assets.

Request information about Estate Planning below

Management Advisory and Assurance Services

At Gallovic, Granito & Co., Ltd., we focus on building close client relationships that add long-term value. This includes assuring the solidity of financial records, evaluating financial procedures and working to produce strategies that help our clients face the myriad challenges of business planning and execution. Our clients benefit from objective analysis to assist in controlling costs, increasing efficiency, and implementing new technologies and procedures that take advantage of changes in the marketplace, accounting standards, and tax law. Our assurance services will improve information quality or its context, meaning more success for your business. The Management Advisory Services rendered by Gallovic, Granito & Co. Ltd. provide clients with objective and practical advice in each phase of the business such as but not limited to:

  • Pension, profit sharing, and 401-K plans
  • Time-billing-collection systems
  • Financial management
  • Lease vs buy analysis
  • Strategic planning
  • Mergers and acquisitions
  • Business organization policies, long range planning and financial forecasting
  • Computer and manual system design
  • Financial personnel consultant
  • Operational audits
  • Budgeting and budget control
  • Ownership succession
  • Shareholders and key personnel planning
  • Preparation of projections for proposed investments, business acquisitions, and new product lines.
Our approach to management advisory services is to present profit improvement opportunities for our clients. Call a member of our leadership team to discuss how Gallovic, Granito & Co. Ltd. can assist you in the management of your business

Request information about Management Advisory and Assurance Services below

Valuation Services

When you need to know the value of personal property, closely held company stock, or a business that you own or may purchase, Gallovic, Granito & Co. Ltd. is the answer. Whether you will use the valuation information to establish an equitable selling price, update your tax/business planning, determine a fair purchase offer, plan your estate, or settle a contract challenge, you will need a studied, professional valuation. One that will stand up if put to the test by lenders, the legal system or government agencies. At Gallovic, Granito & Co. Ltd., our careful valuation services can help steer you clear of mistakes that result in financial losses. We combine this service with tax planning; financial system development, implementation and updating; operational assessments; profit analysis; financing advise; estate planning and more. When you need valuation service backed by current, expert knowledge and integrity, call our multifaceted professionals.

Request information about Valuation Services below

Financial Projections and Forecasts

No one can predict the future perfectly, but we can all benefit from planning for it. Gallovic, Granito & Co. Ltd. combines expertise and experience with a gained understanding of your business to produce financial projections that can help you manage your business plan and spending. Forecasting for the future is imperative to your company's success. We make it a point to keep current with market trends and updates so that your business can be prepared for what is to come. Depending on your needs, our work can range from top-level reports to detailed financial models.

Request information about Financial Projections and Forecasts below

Cash Flow and Budgeting Analysis

Good cash management can improve a company's liquidity, reduce costs, and increase profitability. Gallovic, Granito & Co. Ltd. can help you maintain optimal cash flow levels by tracking sources and uses, forecasting, and budgeting accordingly. To a business entity, cash flow is something that can make or break the business' ability to survive. We can help you analyze your spending, rebalance your budget and/or debts for an optimal cash flow to support your business' success. This balance plan would be revisited if and when there were any major changes in your business structure to ensure that you are operating at an optimal level. With our help and guidance, you will always be on top of your finances and ready for the future.

Request information about Cash Flow and Budgeting Analysis below

Debt and Finance Advising

Whether your needs are corporate or personal, Gallovic, Granito & Co. Ltd.'s professionals can assist you in sorting out the different options available for debt management and financing that will lower your payments and/or reduce the total amount of interest paid. Re-balancing your debts can also result in tax deduction savings. Even if you are able to handle the payments and the amounts of your current debts, our expertise may be able to save you money and/or lower your payments.

Request information about Debt and Finance Advising below

Entity Selection and Restructuring

Your business entity has a large impact on your taxes and other liabilities. From your company's inception through its growth and development, Gallovic, Granito & Co. Ltd. can advise you on choosing an entity type and later restructuring if advantageous. With our knowledge and expertise, you will always be receiving the most advantageous entity type for the functions your business performs.

Request information about Entity Selection and Restructuring below

QuickBooks Accounting Help and Assistance

QuickBooks can provide useful and timely information in the form of financial statements, reports and graphs. However, it can only provide this information if you purchase the right product and then install, setup and use it properly. We don't just help you use the software, we help you use it more efficiently and more effectively.

Gallovic, Granito & Co. Ltd. offers the following solutions to help meet your QuickBooks needs:

Personal Training- We train you personally! Either one-on-one or several individuals within your organization at your company's location.

Installation- We install QuickBooks on your stand alone computer or in a network environment, in either single- or multi-user mode.

Setup- We assist new QuickBooks users with initial setup including: EasyStep Interview, Preferences, Lists, Customers, Vendors, Employees, Banking and Reports. We also help experienced users manage their businesses more effectively by improving their current setup. Many users experience problems and lack the ability to generate and track important information as a result of inadequate setup.

Support- Our QuickBooks support service can assist you with any installation, setup or operation assistance you might need. In addition, our support is not limited just to the software part of it, but we can also provide accounting and payroll assistance.

Review- Our QuickBooks review service helps companies that have the human resources to perform daily accounting and payroll tasks, but need an accounting and payroll expert to review your transactions, accounts and reports. This review ensures that you receive timely, relevant and reliable financial information. We also inform you of any corrections, adjustments or reclassifications necessary to ensure that the financial information you receive reflects the correct financial condition of your business. Reviews may be conducted at any time, but monthly reviews provide you with up-to-date information and feedback about your business.

Request information about QuickBooks Accounting Help and Assistance below

RAN-ONE Accountant

RAN ONE accountants are very different from your standard accountants - we are business consultants who can actively help you grow your business. RAN ONE accountants not only tell you how to do that, but they will also work with you every step of the way to make it a reality. We don't just look at your business from a historical perspective but actively work with you to develop your business and improve it as it happens. We do that through a variety of processes including a personalized business development program, where we work hand in hand with you to focus on the different aspects of your business to increase your profits and improve your lifestyle. Contact us for more details about our Business Development Program and our Monthly Webinar!

Request information about RAN-ONE Accountant below

IRS Representation

Professional representation can be vital during an audit, and our experience with tax authorities enables us to guide clients in their dealings with federal and state agencies. If you have been chosen for an audit, the professional representation you can find with our firm can put many of your worries at bay. We are ready and willing to answer any and all questions the IRS may be asking of you.

Request information about IRS Representation below

 
CPA Website Design