The range of outsource QuickBooks bookkeeping and tax preparation services that we offer include – Accounts receivable, Accounts payables, reconciliation, bookkeeping services and management reporting.
We offer online bookkeeping services with considerable experience in bookkeeping and accounting. We add value to outsourced bookkeeping by attaining customer’s satisfaction. The services which we offer are as follows:
- Double entry bookkeepinge
- Trial balance finalization
- Setting up charts of accounts
- Customized bookkeeping solution available
- Perform year-end closings
Accounts Receivable Outsourcing
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
- Prepare collection and cash flow management
- Customer creation and updates
- Booking of receipts
Accounts Payable (AP) Outsourcing
Accounts payable outsourcing services integrate and manage supplier facing process. By this, we minimize the burden of investments on infrastructure, administration, human resource and it setup. It greatly simplifies the accounts payable process.
- Reduce accounts payable processing cost.
- Greater supplier satisfaction
- Customized reporting
- Integrate and manage supplier facing processes
- Supplier network management
- Exception resolution
- Multi-level invoice validation
Bank/Credit Card Reconciliation
Reconciliation helps us to update the cash position of the company at regular interval of time. Reconciliation includes following points.
- Clear outstanding payments
- Clear deposit taxes
- Quick and precise matching of company’s book and bank balances.
- Prepare details of variances
- Verify consistency of balances
- Reconcile receivable accounts
- Reconcile payable accounts
Payroll service plays essential role in small businesses. It helps the small businesses in many ways which are as follows.
- Payroll Sheet and Paycheck Creation
- Calculation Of Federal Dues(Taxes) and check creation
- Calculation of State Dues(Taxes) andcheck creation
- From 940 – Quarterly
- From 941 – Annually
- Reporting and filling W2 and W4
- Employee insurance deductions
Financial reporting and analysis unable the management to evaluate the company progress in various business activities. Accounts payable and accounts receivable management reporting involves following points.
- Revenue and profit forecasting
- Monthly Accrual Postings
- Doing Year End and Month End
- Real time report updating
- Profit and loss statement
- 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 offer to CPA’s. This includes following points which are listed below.
- Real time report updating
- Reporting solutions available
- Management reporting within the budget
- Expense and overhead analysis