Overview
Having a knowledgeable, efficient & affordable accountant is one of the biggest challenges for any business owner without whom he would find himself devoting most of his valuable time organizing, filing, and record-keeping with limited time & energy left to focus on strategizing & operations. Also, the world of accounting has to be quick to adapt to the changes in technology in terms of document management, accounting softwares and online filings. Most of the accountants you hire may not have the knowledge or the adaptability to change making them more dependable on you. We on the other hand have the knowledge, expertise and keep ourselves updated with the changes in the finance world and technology so when hired, we are ready-to start & right away know what solutions are best for you.
Many entrepreneurs and businesses become serious about accounting only during the tax season & find themselves compiling bills, receipts, 1099s at the last moment. Having a outsourced accounting team at affordable cost helps you keep organized with timely reminders and regular accounting.
We facilitate reporting on a standalone basis for your entity as a whole or by individual stores/locations with following services :
- Bank and credit card entries
- Bank and credit card reconciliations
- Daily GL posting where transfer of data from POS systems is needed
- Merchant account reconciliations
- Customer invoicing, mailing, and receiving payments
- Applying payments and credits for both AP and AR
- Ageing reports and follow up
- Entering vendor bills and making timely payments
- Applying payments and credits
- Vendor account recons
- Payroll manual entry or processing
- Timesheet updation and invoicing of time and expenses
- Employee expenses processing and reimbursement
- Multi currency accounting
- Inter-company accounting and recons
- Accrual, prepaid, and deferred revenue accounting
- Job costing and invoicing
- Sales order processing
- Inventory accounting and management
- Reporting and filing
- Financial statements: company-wide or by store or consolidated
- Cash flow
- Basic financial analysis
- Sales tax preparation and filing
- Year-end 1099 reporting
Accounting service is a part of our“Finance Solutions”trio model. If you are looking for other financial services, please explore our“Controller Services” or “CFO services”.