Accounting and Payroll
In a small business setting, it is rarely cost-effective or wise to handle your bookkeeping, accounting, or payroll internally. Our firm offers these services in a variety of settings and touch levels. We operate using various cloud-based accounting technology systems, allowing us real-time insight into the financial data of your company and consequently reducing your work load.
We gladly offer accounting, bookkeeping, and payroll services for any company in the US and have several standard packages from which to choose.
- The Daily: Outsourced client accounting services where our firm performs all the normal bookkeeping tasks such as vendor and customer invoice entry, bank reconciliations, and verification of various account balances. We will also perform month-end processing and generation of standard financial reports for all parties involved. The statements will consist of prior period comparisons and, if available, next period projections that will help manage cash flow. This service also includes a cash management program consisting of a cash flow planning meeting, the creation of the three-way forecast, weekly monitoring and alerts, monthly or quarterly meetings and accountability around achieving the plan. We also provide a payroll service that will process and pay-out the payroll, file the necessary federal, state and local payroll related tax returns and in effect become you payroll department. This package also includes an annual federal tax review and tax recommendations.
- The Monthly: Month-end services that will help the client manage their business. The data entry or bookkeeping is primarily handled by the client and the data or information flows from the various connected technology systems to our firm. Using this information we perform month-end processing tasks that will include bank reconciliations and verification of many account balances. Following the detailed review of the information, we will generate useful financial reports along with a discussion with management concerning our findings and recommendations. The statements will consist of prior period comparisons and, if available, next period projections that will help manage cash flow. This service also includes a cash management program consisting of a cash flow planning meeting, the creation of the three-way forecast, weekly monitoring and alerts, monthly or quarterly meetings and accountability around achieving the plan. Also, this package could include payroll and annual tax review and compliance.
- The Annual: Annual reconciliation of financial information coupled with reporting of results. The data entry and monthly reconciliations are primarily handled by the client throughout the year and data is accessed annually by our various connected technology systems. Once the data is received by our firm, we will begin to summarize into annual financial statements for review and discussion. The statements will consist of prior year comparisons and, if available, next year projections. This package could also include annual compliance review and filing.
Click HERE to contact us and learn more about these services and ensure we are a fit for your needs.