Services Offered:

Keep track of all your expenses in QuickBooks Online helping you track your cash flow

for timely payments to vendors.

• Whenever you have an expense bill, simply login to your account & upload
• We handle the relevant entries in Quickbooks Online for all your expenses
• We match this with the projected expense statement for cash flow management
• We verify the amount as per the contract with the supplier
• Send it you for approval with our comments
• Upon your approval we will create the check and send it to you to print. Otherwise, we can make the payment online on your behalf

Timely invoicing to ensure you have money in the bank to pay your expenses. Track all your income in QuickBooks Online.

• We will make a calendar for invoicing based on the agreements.
• Days prior to this we will gather information to create the invoice.
• SERVICES – Time spent and any other out of pocket expenses.
• Track money received in the bank and for those who have exceeded the credit period send a gentle email reminder
• Track outstanding and based on your subscription plan follow up for payment

Match your payment and receipts with your bank entries and keep yourself updated at all times on payments and receivables. A bank reconciliation helps you spot accounting errors common to any business. These mistakes can include addition and subtraction errors, double payments, lost checks and missed payments.

• We will sync your bank account with Quickbooks Online so that the statements can be uploaded in a timely manner
• We will reconcile the debit based on your approved payments and credits with the invoices raised
• We will send you bank reconciliation statement with our comments
• Based on your comments we will update Quickbooks Online accordingly
• For the month we will generate your receipts & payments statements tallied against the projected income & expense statement
• We will generate your profit & loss statement for the month which will make it ready for filing you tax returns
• We can compare this with your business plan and send you the discrepancies with variance analysis

Keep track of all your expenses in your credit cards by reconciling `Live’. It helps to keep tabs on expenses, avoiding overspending on things which might not be beneficial to the business. Reconciling the credit card statement to the actual expense in QuickBooks Online helps in saving wrong charges by the bank including timely payment to avoid interest payments.

• Sync credit card statement to Quickbooks Online for timely uploading
• Based on historical data segregate personal and business
• Send statement for clarification
• Enter the relevant expenses into Quickbooks Online
• Make payment on your approval on due date for effective cash flow

Payroll involves processing of salaries with correct deductions including compliance in taxes and calculating overtime as per your states laws. We also maintain database of all your employees with historical data.

• We will keep your employee record updated based on the contract.
• Some days before payroll collect data for number of hours worked and overtime with any out of pocket expenses.
• Reconcile hours worked with time sheet.
• Calculate the hourly rates for the number of hours including overtime and send a consolidated statement for your approval.
• Enter the approved data by employee and line item into the 3 rd party payroll.

CATCH UP & CLEAN-UP SERVICES

At times accounting falls behind when new businesses are shaping up. Catching up becomes time consuming and distracting. We help small businesses bring up to speed. Our services help them to clean up their accounting and bringing them up-to date. Catch up services include reconciliation of records:

• Bank accounts, credit cards and lines of credit.
• Accounts receivable and accounts payable accounts
• Payroll records
• Enter missing data and rectify incorrect entries.
• Reorganize chart of accounts to ensure better financial management through effective reporting
• Optimize QuickBooks Online for enhanced reporting thereby providing valuable insights of your business