Accounts Payable Services & AP Automation Providers in North Myrtle Beach, SC

Based in North Myrtle Beach, South Carolina, David Smith Associates, CPA's is a state-licensed CPA practice. Its clients include small and midsize companies, homeowners associations, nonprofits, executives, self-employed professionals and private individuals. The practice does not market a standalone accounts payable automation tool. Instead, it handles payables as part of its broader offerings in bookkeeping, small business accounting and QuickBooks assistance, all delivered by accountants and bookkeepers who work locally.

Accounts Payable and Back-Office Support

The firm's business offerings cover much of the routine financial activity that keeps vendor bills moving. A number of employees bring years of hands-on payables and receivables experience. One payroll team member cites over twenty years handling AP and AR, along with compiling in-house financial statements and posting closing entries at the end of each month and fiscal year. The administrative manager contributes roughly a decade of experience with billing, AP, AR and office administration. Connected offerings include:

• Recurring monthly bookkeeping and accounting for small companies
• Payroll runs and assistance meeting payroll tax obligations
• Fractional CFO services and oversight of cash flow
• Creating and evaluating internal controls
• QuickBooks installation, instruction, problem-solving and periodic cleanup
• Compilations, reviews and audits

Who They Serve

Community associations rank among the firm's core client groups. One employee concentrates solely on HOA books, and multiple accountants note that they perform audits and bookkeeping for these associations. The practice has also worked in real estate, manufacturing, legal practices, hospitality, healthcare, dentistry and construction. It takes on nonprofit engagements as well, including audits for organizations that receive federal funding.

Its services beyond the books include valuing businesses, supporting bank loan applications, planning ownership transitions, assisting with new entity formation, and forensic and litigation accounting.

Team and Credentials

David M. Smith, CPA, who started the firm, has spent upward of three decades as an accountant. He is a Marshall University accounting graduate and an AICPA member. Over his career he has led audit engagements for both for-profit companies and nonprofits, built internal control systems, reviewed employee benefit plans and worked with construction contractors.

In the community, the local chamber in Myrtle Beach has drawn on his expertise through a board role guiding its money matters, and he has coached baseball and softball at nearby high schools. Michael Restuccia, CPA, also belongs to the AICPA and has over a decade in public accounting, handling monthly bookkeeping, tax preparation and assurance engagements.

Supporting them are a supervisor for individual income tax, payroll staff, a client liaison responsible for onboarding, and bookkeepers educated at Coastal Carolina University and other institutions.

How They Work With Clients

Prospective clients are invited to schedule an initial consultation, which gives the firm a chance to understand their situation before an engagement begins. After that, a designated liaison acts as the primary contact and works to align accounting and payroll procedures with each client's own policies. Files are exchanged through Onvio, a secure web-based portal.

The firm names professionalism, responsiveness and quality as the three principles that guide its work. For businesses weighing payables options, the key draw is CPA supervision paired with in-house bookkeeping, payroll and tax capabilities under one local roof.