Accounts Payable Services & AP Automation Providers in Hagatna, GU

Overview

Benita A Manglona, CPA is an accounting practice in the DNA Building in Hagåtña, Guam. The practice is led by its founder, who holds a Guam license as an accountant. Its clients include owners of small and mid-sized businesses, executives, independent professionals and private taxpayers.

Anyone comparing vendors for accounts payable help should know that this is a general accounting and bookkeeping office. It is not a specialist AP outsourcing or automation provider, and its website describes no standalone payables product. Even so, its bookkeeping, cash planning and controls services touch the records that sit behind supplier invoices and payments.

Bookkeeping and financial management

For companies, the central service is bookkeeping handled on the owner's behalf. The idea is that a small business owner has better things to do than maintain ledgers, so the firm does it while the owner concentrates on running the company and earning profit. Businesses wanting stronger financial leadership can engage the practice as a part-time CFO, gaining a professional financial manager who works alongside them. Other business offerings include:

• Cash flow projections intended to head off a cash crisis, which bears directly on the timing of vendor payments
• Assessment of internal control systems, followed by suggestions for stronger and more effective operating procedures
• Compilation services
• Help preparing and organizing a business for a bank loan request
• Guidance for new ventures, and for non-profits that must follow the IRS revenue and expense classifications tied to tax-exempt status

QuickBooks services

The firm describes QuickBooks as an ideal accounting package for small and mid-sized businesses, and it offers a full set of related services: setup, training, a question-answering service called QuickAnswers, and a QuickTune-up for existing files. It also points clients to a way to purchase the software at a saving.

A company that records bills and payments in QuickBooks may find that proper setup, trained staff and periodic clean-up help keep its payables information reliable. No separate AP automation tools are advertised.

Tax and IRS matters

Taxes make up a substantial share of the work. The firm prepares returns and does tax planning, handles Guam tax questions, and represents clients dealing with the IRS or the Guam Department of Revenue and Taxation.

Problem areas it covers include audits, unfiled returns, back taxes, payroll tax trouble, liens, levies, wage garnishments, seizures, payment plans, offers in compromise, bankruptcy-related issues and innocent spouse relief. It can also help clients obtain their IRS file. Payroll tax assistance may interest businesses whose obligations have slipped behind.

Individuals can turn to the practice for personal financial planning, retirement planning, college funding strategy and elder care support, the last positioned as having a knowledgeable professional on the family's side.

Working with the firm

New clients are offered a free initial consultation to determine how the firm can help. Documents can be sent securely through an online client portal. The site also carries a tax center with due dates, rates, forms and a record retention guide, plus financial calculators, useful links, a blog, client reviews and a subscription newsletter.

The firm emphasizes personal service, affordability and discretion. It fits Guam businesses wanting a local CPA to manage their books and controls rather than a large outsourcing company.