The range of Accounting, Bookkeeping, and tax preparation services that we offer include –
- Accounts receivable and Accounts payables
- Bank and Credit Card Reconciliation
- Bookkeeping services
- Management reporting
Bookkeeping Outsourcing Services
We offer bookkeeping services with considerable experience in bookkeeping and accounting. We add value to outsourced bookkeeping by attaining customer satisfaction. The services which we offer are as follows:
- Double-entry bookkeeping
- Trial balance finalization
- Charts of accounts set up
- Customized bookkeeping solution
- Year-end closings
Accounts Receivable Outsourcing Services
We offer outsourcing accounts receivable services. These services offer us to focus on core activities by which we can increase our profitability and productivity.
- Record and account for revenue
- Maintain client Bill and statements
- Reduce daily sales outstanding
- Maximizing the financial liquidity
- Reduce operational and administrative cost
- Collection and cash flow management
- Customer creation and updates
- Booking of receipts
Accounts Payable (AP) Outsourcing Services
Accounts payable outsourcing services integrate and manage the supplier-facing processes. By this, we minimize the burden of investments on infrastructure, administration, human resources, and its setup. It simplifies the accounts payable process.
- Reduce accounts payable processing costs.
- Great supplier satisfaction
- Customized reporting
- Integrate and manage supplier facing processes
- Supplier network management
- Exception resolution
- Multi-level invoice validation
Bank and Credit Card Reconciliation
Reconciliation helps us to update the cash position of the company at regular intervals of time. Reconciliation includes the following points.
- Clear outstanding payments and deposit taxes
- Quick and precise matching of the company’s book and bank balances.
- Prepare details of variances
- Verify consistency of balances
- Reconcile receivable accounts and payable accounts
Payroll Outsourcing Services
Payroll service plays an essential role in small businesses. It helps small businesses in many ways:-
- Payroll Sheet and Paycheck Creation
- Calculation Of Federal Dues(Taxes) and check creation and State Dues(Taxes) and check the creation
- Calculation of From 940 – Quarterly and From 941 – Annually
- Reporting and filing W2 and W4
- Employee insurance deductions
Financial reporting and analysis enable the management to evaluate the company’s progress in various business activities. Accounts payable and accounts receivable management reporting involves the following points.
- Revenue and profit forecasting
- Monthly Accrual Postings
- Year-End and Month End
- Real-time report updating
- Profit and loss statement and Cash flow statement
- Empower outsourcing partners
Fixed assets accounting and management
Fixed assets and accounting outsourcing to US Businesses is also one of the important services that we are offering to CPAs. This includes the following points which are listed below.
- Real-time report updating
- Reporting solutions available
- Management reporting within the budget
- Expense and overhead analysis