How our Bookkeeping outsourcing services for businesses works!
If you are a small to medium sized business looking to get meaningful and timely financial information at less than half the cost you are spending now, you are in the right place!
This process of outsourcing is very popular with office managers and business owners who are stuck doing the books when it is not their expertise, desire, may have incompetent staff currently . It allows the business owner to dedicate cash resources to the production of revenue as opposed to spending money on non revenue generation duties.
Your books are updated daily so that you know exactly what is going on in your business. Your financial information is at your fingertips anywhere in the world due to our highly encrypted secure servers 24 hours a day, 7 days a week.
The 24 Hour outsourced bookkeeping cycle
(Good numbers, daily. Its how small businesses get big!)
What bookkeeping service tasks can we handle for you?
Income related tasks
Record payments from your clients
Enter bank deposits and classify to appropriate income categories
Create and manage sales/accounts receivable invoices, if desired
Track client under and over payments
Track delayed payments and send reminders, if needed
Expense related tasks
Full accounts payable management.
Record checks that were sent out and enter proper codes payable invoices.
Payroll
Complete payroll processing based on your payroll schedule
Make timely payroll tax deposits on your behalf.
Quarterly and annual payroll tax return processing
Reconciliations
Prepare monthly Bank reconciliations
Check actual amount deposited in the bank statements for any discrepancies Reconcile credit card transactions
Correct any errors and write up adjusting entries
Other bookkeeping tasks
Asset management and reporting
Inventory management Sending pick lists for warehouse for shipping products
Financial Reporting
Presentation of monthly Balance Sheet, Income Statement and Statement of Cash flows.
Accounts Receivable Aging
Accounts Payable Aging
As a small business your requirements are unique. You may need bookkeeping done on daily, weekly, or monthly basis. You may have a specific bookkeeping software choice or cannot be bothered about it. You may be up-to date or have a year’s bookkeeping backlog waiting to be completed.
We know all this and lot more about your unique requirements. That’s why we can easily customize our outsourced bookkeeping service to specially fit your requirements.
Is outsourcing bookkeeping right for you?
As a business owner, making the decision to outsource bookkeeping is not an easy one. There are significant benefits of outsourcing , fast accurate financial information to guide and grow your business, overhead reduction and less drama around the office.
It is a difficult decision to make. You want the benefits of outsourcing, but you don’t want to find yourself in the wrong end either. How do you make the right choice? Outsourcing your bookkeeping will be a resounding success if you plan it right. We are confident of our abilities and we have so many success stories to share. You have an option to choose us and become one of these success stories.
Just tell us about your bookkeeping outsourcing requirement. We will analyze your needs and set-up everything for you. In some cases, you may even be ready in just a few hours. We have an excellent support team to guide you through the process. Give it a try.