We are not Bookkeepers, we are your complete accounting department
We bring economies of scale to our services. For example, one of our controllers oversees a team of accountants for several small businesses. If your business is large enough, we redistribute the load so the controller spends more time overseeing the books of your business.
What you get in turn is access to knowledge of a controller or CFO for a fraction of the cost than if you were to hire someone directly. A lot of growing businesses feel the need but do not have enough workload to hire full time controller or CFO. If you are in a similar situation, give us a call and you will be surprised to find out how affordable this can be.
Keeping track of your finances
We work just as your internal accountant would. For Accounts Payables, ask your vendors to send invoices to you via e-mail and setup your e-mail to automatically forward to us or simply scan your vendor bills and e-mail us. All your bills will be categorized and entered ready for your review. At the time of bi-monthly payment, we will send you a report t0 approve or decline bills for payment. All the vendor bills will be stored in the cloud and can be accessed when needed.
For Accounts receivables, we will send out the invoices to your clients per your instructions (e-mail preferred) and also take care of recording deposits received in the bank. You will have to establish lockbox with the bank where your client's checks can be received. As a security measure, we do not handle client's cash.
We strive to offer paperless solutions to your accounting needs. You will receive periodic reports from us informing you of cash position along with A/R and A/P aging. Depending upon the complexity of your business, we will develop and maintain Budgets, Forecasts and Cash Flow statements as well which will help plan the future.
No time to scan?
We said we work just as your internal accountant would. If you are too busy and have no time to scan, you simply establish a bin or inbox for all your acounting paperwork which can include vendor bills, bank statements etc. Then mail them to us at a regular frequency and we will do it for you for a small fees. In a few days, the completed work will be returned to your company or to the designated person in your company.
Once the documents are scanned, we will process them and categorize them for your review just like our standard operating procedure of receiving them by e-mail.
Relax at tax time
Whether you are a LLC filing as an individual or corporation or Incorporated filing as a corporation, be assured that your package will be ready for review by your CPA on time.