Countries We Serve

6 Countries to which we Serve

The range of outsource QuickBooks bookkeeping and tax preparation services that we offer include – Accounts receivable, Accounts payables, reconciliation, bookkeeping services and management reporting.

Bookkeeping services

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 bookkeeping
  • 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 services

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) and check creation
  • From 940 - Quarterly
  • From 941 - Annually
  • Reporting and filling W2 and W4
  • Employee insurance deductions

Management Reporting

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

US ACCOUNTING FIRMS SERVICES

Our outsourcing bookkeeping services especially made for CPA’s and accounting firms. Many CPA’s are engaged in providing small businesses accounting and bookkeeping services. Services for CPA’s that we offer are as follows:

Bookkeeping and Write-Up Services

Bookkeeping and general accounting services that we offer are as follows which is beneficial for CPA’s. They need the firm whose cost of services is reasonable.

  • Setup of Chart of Account
  • Categorization of income & expense
  • Class wise accounting
  • Bank reconciliation
  • Inventory tracking
  • General ledger services

General Ledger Review

Contains summary of every transactions

  • Prepare and post adjustments
  • Resolve posting errors
  • Year-end adjustments
  • Review sub ledger entries

Tax return preparation services

Tax preparation outsourcing has become imperative with growing accounting firms. Tax return preparation outsourcing has dramatically changed and expanded beyond the client to tax prepare. This provides flexibility to Accounting firm there; they can concentrate more on growing practice. Accounting firms can concentrate more on high value clients and high value services than tax return process.

We take care of:

  • 1040s – Individual Tax Return
  • 1120s – Business Tax Returns
  • 1165s – Partnership Tax Returns

Software we use for tax preparation:

  • UltraTax
  • Drake
  • ProSeries