Expert Bookkeeping & Financial Reporting in Koreatown

Streamline your finances, minimize taxes, and gain crystal-clear visibility into your business performance.

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Precision, Experience, Understanding

Why Local Business Owners Like You Trust Our Bookkeeping Services

Maximize Your Tax Savings

Each transaction tells a story. Through meticulous bookkeeping and strategic planning, we’ll help you discover opportunities for legitimate tax savings while maintaining compliance.

Gain Complete Visibility Into Your Company’s Finances

Clear financial visibility enables confident decision-making. Regular reports provide the insights needed to spot opportunities and address challenges early.

Experience Seamless Financial Management

When one dedicated team oversees all financial aspects, patterns emerge and opportunities surface naturally. This connected approach brings efficiency and insight to every financial decision.

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Get Peace of Mind with Expert Bookkeeping Support

Professional bookkeeping forms the foundation of sound business decisions. Lim and Lim Accountancy Corporation provides precise bookkeeping services  and financial statement preparation that supports both daily operations and long-term growth. The firm's integrated approach transforms complex financial data into clear, actionable insights, while maintaining rigorous compliance standards.

Monthly transaction management, meticulous bank reconciliations, and detailed financial reports work together to create a complete financial picture. Since 1988, businesses throughout Los Angeles have relied on this comprehensive service, built on a foundation of cultural fluency and professional expertise.

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FAQs

Common Questions About Our Bookkeeping Services

How often will I receive financial statements?

Monthly statements form the foundation of sound business planning. Additional reporting schedules - whether weekly, quarterly, or custom intervals - align with each business's unique rhythm and requirements. Every report package delivers comprehensive insights through balance sheets, income statements, and cash flow analysis.

What software do you use?

We work with industry-standard accounting software including QuickBooks, Xero, and FreshBooks. We can either adapt to your existing system or recommend the best solution for your business. Our team is certified in multiple platforms and can handle data migration if needed.

Can you handle Korean language receipts?

Yes, our bilingual team is fully equipped to process documentation in both Korean and English. We understand the nuances of Korean business practices and can efficiently handle receipts, invoices, and financial documents in either language, ensuring accurate recording and classification.

How do you ensure accuracy?

We maintain accuracy through a rigorous three-step verification process: initial data entry, reconciliation checks, and senior CPA review. Our integrated approach, where the same CPA handles both bookkeeping and taxes, adds an extra layer of precision and consistency to your financial records.

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Send us your questions anytime for a detailed response within one business day.

Phone

Speak directly with a CPA about your accounting or business needs during business hours.

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Schedule an in-person consultation at our convenient Koreatown location on Wilshire Boulevard

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Take Control of Your Business Finances Today

Join hundreds of LA businesses who trust Lim and Lim Accountancy Corporation for their bookkeeping and financial statement preparation needs. Schedule your free consultation today.

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