Virtual Accounting Solutions

Our Bookkeepers and Controllers team up with startups and small businesses to ensure their accounting data is complete, accurate and timely. We work with multiple accounting systems and process day-to-day accounting activities such as Accounts Receivable, Accounts Payable, Payroll and Journal Entries to prepare monthly Financial Statements. We provide training and on demand assistance to in-house Bookkeepers.

Virtual Bookkeeper
  • Processes accounting transactions accurately and timely

  • Maintains documents organized in a paperless environment

  • Communicates regularly with you regarding your accounting activities 

  • Accounts Receivable: creates/sends invoices to your customers, processes payments, interacts with them regarding collections

  • Accounts Payable: enters your vendor bills, processes payments, reconciles credit card statements

  • Researches and corrects account discrepancies

  • Prepares Journal Entries

  • Prepares your employees payroll,  verifies vacation, sick and PTO accruals 

  • Maintains Internal Control activities

Virtual Controller
  • Provides first-class support and anticipates your needs as a Client. Recommends solutions to challenges

  • Trains your in-house Bookkeeper or manages our Virtual Bookkeeper to ensure accounting transactions are processed accurately and timely

 

  • Prepares Financial Statements (Balance Sheet, Profit & Loss)​

  • Manages Cash Flow (bank accounts in $ and/or foreign currencies)

  • Reviews/processes Payroll including Payroll Tax deposits, quarterly Payroll Tax Returns, and W-2

  • Performs Bank Reconciliations

  • Reconciles General Ledger Accounts

  • Prepares/files sales tax returns, Form 1099 

  • Inventory Management: analyses and fixes discrepancies 

  • Cost Accounting: quantifies the cost associated with any type of product or service

  • Processes: recommends updates to accounting procedures

  • Sets up Internal Control activities

  • Accounting software: implements and provides expert guidance

  • Coordinates with your external Auditors and CPA

  • Maintains the General Ledger Chart of Accounts

  • Catch Up: reviews current year books and performs catch up entries