Our Firm is ready to assist you with your CUSO accounting and bookkeeping needs. Your Credit Union Service Organization is unique. And, It’s owners/member typically require timely submitted financial reports. so, our Firm will make sure your books and records are updated on a monthly basis. And we will be sure that you have properly formatted financial statements, that can be provided to the owners.
CUSO Bookkeeping Service
Schultz & Associates, CPA is here to assist with your CUSO bookkeeping service needs. We are ready to assist with any and all of your QuickBooks bookkeeping needs. We are happy to clean up your QuickBooks on a monthly basis and have reports ready for ownership. Monthly clean up includes, bank reconciliation, adding missing information, and any monthly adjustments needed. Also, we also provide optional bill paying services as well.
CUSO Accounting Services
We will make sure that the CUSO owners receive timely and accurate accounting reports. Most client financial information is ready for review by the 15th day of the following month. We will make sure all your accruals are properly reflected. And, we can also help you with setting up accounting policies and procedures for recognizing revenue and expense.
CUSO Tax Preparation
Most CUSO’s organizations as LLC’s and file a Form 1065. Therefore, ownership will need their copy of Schedule K-1 in order to complete their annual accounting. We will make your return a priority and be sure that the members of the CUSO have their needed materials by March 15th.
CUSO Tax Preparation
Most CUSO’s are organized as LLC’s and file a Form 1065. Therefore, Ownership will need their copy of Schedule K-1 in order to complete their annual accounting. We will make your return a priority and be sure that the members of the CUSO have their needed materials by March 15th.
Payroll for CUSO’s
While many older and established CUSO’s run their payroll through a Credit Union owner, more are shifting to processing their payroll within the CUSO. You are welcome to process your own payroll. Also, you can use a third-party provider for your payroll. But, we can also provide your company with processing services as well.
CUSO Financial Statement Audit’s
CUSO owners require their CUSO’s financial statements to be audited on an annual basis. Schultz & Associates, CPA can assist with that as well. If you are interest in a CUSO audit, please contact Ashley Smith, CPA at extension 102 or at asmith@schultz-cpa.com
D.J. Jablonski, CPA: CUSO Accounting and Tax Services
D.J. is available to discuss your CUSO’s needs and to help. Please click here to learn more about him and get in touch.
You can reach DJ either by phone (734) 354-2380 ext. 110 or by email at djablonski@schultz-cpa.com.