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Equipment Finance Advisor's Industry Directory
ECS Financial Services, Inc.
3400 Dundee Road
Northbrook, IL 60062
Main Phone: 847.291.1333
Web Site: www.ECSFinancial.com
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Contacts
PRIMARY CONTACT:
Shari L. Lipski, CLP | Principal
phone: 847.682.0515
e-mail: slipski@ecsfinancial.com
ADDITIONAL CONTACTS:
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Company Information
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Financial Institution Type: Accountants, Billing Services, Consultants, Portfolio Management, Tax Compliance Solutions, Business Process Outsourcing, Third-Party Servicing, Backup Servicing/Successor Servicing
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In Business Since: 1962
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Geographic Coverage:
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Association Memberships: - American Association of Certified Public Accountants
- Equipment Leasing & Finance Association
- National Equipment Finance Association
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PROFILE
ECS Financial Services is a full-service CPA firm specializing in providing equipment lease portfolio management, accounting, tax, and management advisory services to the banking and equipment leasing industries. Our lease management team of highly skilled accountants and tax specialists are experienced in providing quality professional service.
Our lease management services include a/r billing and collections, preparation of monthly gross investment, lease income and residual schedules, as well as a variety of management reports, book and tax depreciation tracking, and other related needs. ECS provides accurate and timely reports that enable you to make sound decisions, and develop strategies for the optimum management of your portfolio and business. ECS also prepares multiple state sales/use tax, and personal property tax returns for each jurisdiction, including tracking of due dates.
In addition to our portfolio management services, ECS can also maintain your general ledger and other accounting records, prepare financial statements, and federal and multi-state income tax returns, for business entities and individuals. If you would like to retain the services of your current accountant, ECS will provide journal entries and other relevant accounting data to your in-house accountant or independent accounting firm for their use in preparing financial statements and income tax returns.
ECS caters to leasing companies who need to satisfy all of the accounting and reporting requirements of their portfolio, but either cannot justify the cost of an in house staff with all of the skills and experience necessary to meet those needs, or simply don’t want the pressures of handling these responsibilities in-house. ECS can provide the flexibility and assistance necessary to meet your back-office needs without the expense of a full-time staff. Additionally, our services are not a bundled package; you are able to select which services you feel would be most beneficial to your business.
Outsourcing the management of your portfolio to ECS will result in cost savings by providing your company with all of the resources of a qualified team of experts. ECS are the single solution to all of your lease accounting and reporting needs. Let us put our experience to work for you wherever it is needed in accounting, income tax and lease portfolio management.
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