Discover a better way
As a small to medium size business or not-for-profit organization, you may discover that its more efficient and cost effective to outsource your accounting and financial reporting functions to a professional provider. We’re ready to show you what we can do for you by saving you time and money so you can focus more on doing what you love to do.
CORE
(BOOKKEEPER)
PACKAGE INCLUDES:
- Dedicated accountant
- Unlimited email access
- Accounting software costs included (e.g. QuickBooks Online)
- Monthly data entry
- Monthly management cash basis financial reporting
- Balance Sheet
- Profit & Loss
- Bank and credit card account reconciliations
- Fixed assets and depreciation roll-forward schedule
- Annual Business License filing
- Annual Property Tax Return filing
- Monthly reporting turnaround by 25th of following month
*Final monthly cost based on the scope of services and complexity of the business.
One-time initial migration and set up fee. Cost estimate provided based on your current accounting system configuration.
See Payroll & Contractor Payment Processing Add-On Services Package.
Outsourced Accounting Services Packages can also be integrated with our Tax Services Packages.
ESSENTIALS
(CONTROLLER)
Package includes everything in our Core Package plus:
- Dedicated controller with CPA
- Monthly Business Review Meeting (BRM) with dedicated controller
- Bi-weekly data entry
- Monthly management-only accrual or cash basis financial reporting
- Cash flow forecasting and scenario analysis
- Accounts receivable detail aging report
- Accounts payable detail aging report
- Bi-weekly customer invoicing
- Bi-weekly vendor bill paying
- Sales tax return filing
- Monthly reporting turnaround by 15th of following month
*Final monthly cost based on the scope of services and complexity of the business.
One-time initial migration and set up fee. Cost estimate provided based on your current accounting system configuration.
See Payroll & Contractor Payment Processing Add-On Services Package.
Outsourced Accounting Services Packages can also be integrated with our Tax Services Packages.
ADVANCED
(CFO)
Package includes everything in our Essentials Package plus:
- Fractional CFO assistance by CPA Partner of the Firm
- Bi-weekly Business Review Meeting (BRM) with dedicated controller and CPA Partner of the Firm
- Monthly management-only accrual or cash basis financial reporting
- Other customized reports including consolidations, benchmark reporting and analysis, board of directors reports and presentations
- Weekly customer invoicing
- Weekly vendor bill paying
- Monthly reporting turnaround by 10th of following month
- Annual budget preparation assistance
- Internal controls observations and recommendations
- Loan application assistance
- Debt covenant monitoring and compliance reporting
- Lease accounting and reporting under ASC 842
- Contract and customer bidding and profitability analysis
- 10% discount on Strategic Business Planning Session.
*Final monthly cost based on the scope of services and complexity of the business.
One-time initial migration and set up fee. Cost estimate provided based on your current accounting system configuration.
See Payroll & Contractor Payment Processing Add-On Services Package.
Outsourced Accounting Services Packages can also be integrated with our Tax Services Packages.
PAYROLL & CONTRACTOR PAYMENT PROCESSING
Services include:
- Dedicated accountant
- Payroll software costs (e.g. Gusto)
- Timely processing of payroll on a weekly, bi-weekly, monthly, semi-monthly, or monthly basis
- Maintain payroll data base including adding or removing employees or contractors and payroll data
- Tax and reporting compliance including filing of monthly, quarterly, and annual state and federal payroll reports including Form 941’s, Form 940, year-end W-2’s, W-3, and 1099’s
- Assist with any IRS or state correspondence and notices
*Starting cost per month includes up to 5 employees and 5 contractors for a single state.
One-time initial migration and set up fee. Cost estimate provided based on your current accounting system configuration.
NEW BUSINESS FORMATION AND PLANNING
Services include:
- Consultation on purchasing a business including valuation and structuring
- Assistance with obtaining financing and banking relationships
- Assistance with obtaining business insurance and employee benefits
- Consultation on formation of legal entity and tax status elections e.g. S-corporation status
- Coordination with legal counsel on filing of Articles of Incorporation and Bylaws
- Coordination with legal counsel on development of Limited Liability Company Operating Agreement; corporation Shareholder’s Agreement; Partnership Agreement, among others
- Employee Identification Number (EIN) filing with the IRS
- State and local licenses and registration filings
- State sales tax registrations and nexus determination
- State unemployment registration
*Starting cost includes one single business and does not include associated filing fees with applicable jurisdictions.
ACCOUNTING CLEAN-UP
Services include:
- Review and analyze current books and records
- Identify accounting and classification errors
- Perform reconciliations of key identified accounts and agree to subsidiary records
- Develop and provide adjusting entries for management approval
- Record approved adjusting entries and reclassifications in accounting system
- Prepare management-only adjusted financial statements and detail general leger
This service is typically performed when the books and records were not properly maintained, not reconciled, and not reviewed by trained accountants or CPAs.
*Starting price per year of clean-up, final price to be determined based on volume and complexity of the business and its accounting system.
AUDIT REDINESS
Services include:
- Service as a liaison with the organization’s outside independent audit firm
- Provide the independent audit firm with all requested schedules, documents and information in connection with the audit
- Preparation of requested audit schedules, reconciliations, analysis and audit confirmations
- Research and prepare memorandums in connection with compliance with generally accepted accounting principles (GAAP) or other reporting requirements
- Preparation of draft financial statements and accompanying footnote disclosures and supplementary information
- Assistance with implementation of post-audit recommendations from the independent audit firm
* This is an add-on service; you must be participating with one of our Outsourced Accounting Services Packages in order to purchase this service. Final price is to be determined based by volume and complexity of the business, accounting system, condition of the books and records, and outside audit requirements.
STRATEGIC BUSINESS PLANNING SESSION
Services include:
- Live on-site (or virtual) full-day session with the business’s management team
- Conducted by a CPA Partner of the firm
- Conduct SWAT analysis of the business
- Conduct competitive analysis of the business
- Determine the business’s vision and mission
- Define the business strategic goals and objectives
- Develop specific strategies and tactics
- Develop implementation plan
- Develop monitoring KPIs and reporting
* Does not include out-of-pocket costs for travel and overnight stays.
Request a FREE consultation with our team now!
The right help at the right time.
You may be in the start-up phase of your business or nonprofit, in a growth phase, or somewhere in the middle area of business development. Regardless of where you are, your accounting function continually faces inefficiencies, lack of expertise in key areas, department turnover, and vacancies. Outsourcing your accounting function has many benefits.
