Part-Time Bookkeeping Services

Think of us as your own accounting department.

We pretty much do it all.

• Accounts Receivable
• Accounts Payable
• Payroll
• Credit and Collections
• Bank Reconciliation
• Financial Reports

WHO: Recommended for businesses with high vendor payment frequency and regular customer invoicing and weekly banking needs.

This is our most popular service.

Accounts Receivable

• Matching, batching, coding and entering invoices.
• Entering, posting and reconciling customer account.
• Researching and resolving accounts receivable issues with customers.
• Communicating with customers regarding billing adjustments.
• Updating and reconciling sub-ledger to the general ledger.
• Maintaining cash applications, account reconciliations, charge backs.
• Preparing accruals and reconciling to the general ledger.
• Performing general ledger posting and monthly/year-end reconciliations.
• Preparing aging reports.

Accounts Payable

• Matching, batching, coding and entering invoices.
• Entering, posting and reconciling entries.
• Printing checks and matching to vendor invoices.
• Researching and resolving accounts payable issues with vendors.
• Updating and reconciling sub-ledger to the general ledger.
• Maintaining cash applications, account reconciliations, charge backs.
• Preparing accruals and reconciling to the general ledger.
• Perform general ledger posting and monthly/year-end reconciliations
• Handled all year end 1099’s for contractors.
• Maintaining cash requirements schedules and accounts payable aging analysis.

Payroll

• We will work with your current payroll service or recommend a service
• Process new employee information
• Processing of weekly/monthly/semi monthly payroll from timesheets and generation of paychecks
• Ensure taxes and garnishment withholdings are accounted for properly
• Federal/state/local/tax deposits –ensure all tax deposits are made timely
• Respond to employee questions or inquiries.
• Handle any work compensation reports and audits
• Preparing Monthly/quarterly/annual Returns.
• Prepare Year end W-2 Set up of employees and payroll information.

Credit and Collections

• Creating and maintaining credit history files.
• Responding to credit inquiries.
• Making collection calls/follow-ups.

Bank Reconciliations

• Reconcile all bank accounts
• Reconcile all merchant statement accounts as necessary.
• Research and correct account discrepancies

Financial Reports

• Preparing financial statements.
  • Balance Sheet
  • Income Statement
  • Cash Flow Statement
• Managing bank and general ledger reconciliations, as well as payroll processing.
• Preparing monthly tax filings.
• Performing month end closings.
• Preparing the trial balance.