Services to support your success
Outsourced Bookkeeping:
Accounts Payable
- Maintain vendor master files
- Input vendor invoices and process payments
- Maintain vendor W-9 information and prepare 1099s
- Reconcile vendor statements
- Reporting including aged payables and cash requirements
Accounts Receivable
- Maintain customer master files
- Prepare and send timely and accurate invoices to your clients
- Apply all cash receipts
- Light phone collections as needed
- Prepare and send periodic statements
- Reporting including aged accounts receivable and cash receipts forecast
Cash Management
- Process and reconcile all cash transactions
- Prepare reconciliations
- Prepare and submit cash flow forecasts
Payroll processing
- Maintain and review compliance of personnel files
- Payroll and HR administration
- Recording of payroll journal entries
- Submit and review all information required for payroll processing
- Review and report to management
Cost and job cost accounting
- Maintain job and inventory master files
- Assist with physical inventory
- Valuation, analysis and recording
- Review and report to management
General Ledger
- Process all transactions for journal entries including amortization, depreciation, accrual and estimate entries etc.
- Revenue recognition compliance
- Fixed asset management and reporting
- Intercompany reconciliations
- Monthly bank reconciliations
- Monthly supporting schedules as required
Financial Statement Reporting
- Prepare and submit monthly financial statements for management review including as needed: Profit & Loss, Statement of activities, Balance Sheet , Statement of Financial Position, Statement of Functional Expenses, Statement of Cash Flow, etc.
- Consolidation preparation and reporting - single or multiple currency
- Budget variance analysis
- Forecast variance analysis
- Prior year comparisons and analysis