Click any service below for detailed explantion.
|
BILL ADMINISTRATION: (aka ACCOUNTS PAYABLE)
- Receive, review and record bills.
- Challenge bills as directed by client
- Assist client in prioritizing and scheduling payments.
- Create and issue checks for payments (All checks signed by client)
- Pay bills via credit card, debit card, or bank ACH draw as authorized by client.
- Track bill status (remind client of outstanding bills.)
|
| |
INVOICE ADMINISTRATON: (aka ACCOUNTS RECEIVABLE)
- Create and record invoices
- Present invoices for issuance by client or issue invoices for client
- Track invoice status and provide client with status of open invoices
- Pursue collection efforts as directed by client
- Record sales receipts
|
| |
FINANCE MANAGEMENT
- Balance bank statements
- With online banking authority provided by client:
- Transfer required funds between accounts:
- To cover payroll
- To move surplus funds from checking to savings
- To make loan payments
- To draw funds from or repay line of credit
- Work with bank to resolve issues and institute adjustments as approved by client.
- Balance credit card statements
- Assist with budget development
- Assist with budget tracking
- Assist with budget variance anaylsis (Actuals vs Budget)
- Assist with cash flow analysis and determining cash requirements
- Create and analyze various financial reports
- Reconcile all general ledger accounts
- Create and record all appropriate general ledger transactions and adjustments
- Assist with document preparation as requested by outside entities
|
| |
PAYROLL ADMINISTRATION
- Prepare payroll checks or direct deposits. All checks signed by client
- Maintain employee payroll history
- Promptly prepare all payroll tax payments, forms, and reports
- Review and analyze all payroll transactions when prepared by outside agencies
- Record all payroll transactions
|
| |
INVENTORY AND PROPERTY ADMINISTRATION
- Assist in developing and maintaining parts (items) lists
- Assist in determining pricing and stocking requirements
- Order replenishing stock as directed by client
- Track "Cost of Goods (Sale)" activity
- Order "Cost of Goods (Sale)" supplies as directed by client.
- Record all inventory transactions
- Compute required depreciation and amortization transactions
|
| |
TAX PREPARATION
- Promptly prepare all personal tax returns
- Promptly prepare all business tax payments, forms, reports, and returns
|
