Outsourced Accounting is an all-inclusive solution that offers small businesses relief from the day-to-day accounting hassles while providing 24/7 access to financial data. As your trusted advisor, we pay your bills, record deposits, prepare payroll and payroll tax returns, furnish financial statements, produce W-2s, prepare tax returns, and supply valuable financial and tax advice throughout the year. All activity is completed online via our technologically advanced platform—so communication and document exchange is in real-time.
Setup and training for Outsourced Accounting couldn’t be simpler. You define your immediate needs and we assess how Outsourced Accounting can be integrated. We train your company’s designated point of contact on the process of providing our staff with the daily information required by the Outsourced Accounting solution and teach them how to access the system from our website.
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General Ledger | |||
Reconcile bank accounts | ✓ | ✓ | ✓ |
Reconcile electronic transactions into QuickBooks | ✓ | ✓ | ✓ |
Reconcile credit card accounts | ✓ | ✓ | ✓ |
Payroll | |||
Prepare payroll | — | ✓ | ✓ |
Submit payroll taxes to agencies | — | ✓ | ✓ |
Prepare payroll tax returns | — | ✓ | ✓ |
Provide employee access to electronic paystubs | — | ✓ | ✓ |
Provide employer access to electronic pay records | — | ✓ | ✓ |
Prepare W-2s | — | ✓ | ✓ |
Pension Remittance | — | ✓ | ✓ |
Accounts Payable | |||
Process bills and vendor payments | — | — | ✓ |
Track credit card expenses and receipts | — | — | ✓ |
Process employee expense reports | — | — | ✓ |
Prepare 1099s for contractors | — | — | ✓ |
Provide digital access to paid bills | — | — | ✓ |
Tax | |||
Tax preparation | ✓ | ✓ | ✓ |
Coaching | |||
Prepare monthly financial statements | ✓ | ✓ | ✓ |
Prepare monthly budget reports | ✓ | ✓ | ✓ |
Review pension compliance | ✓ | ✓ | ✓ |
Review other employee deductions for compliance | ✓ | ✓ | ✓ |
Tax planning | ✓ | ✓ | ✓ |
General business consulting | ✓ | ✓ | ✓ |
Quarterly video conference to review key performance measures | ✓ | ✓ | ✓ |
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