Our Services- OutsourcedBooks BookKeeping

Services

General Ledger Maintenance

It includes reviewing of monthly expenditure reports of a company, Processing month-end general ledger reports, Year-end closing of the general ledger and Preparation of auditor review records along with a continual uninterrupted accounting software support.

Account Reconciliations

We ensure that one's personal records of transactions on a bank account matches the statement one receives each month or quarter.That is, each time one writes a cheque, uses a debit card, or otherwise makes a withdrawal from or deposit into a bank account, one keeps a record of the transaction. Account reconciliation helps avoid, or at least remedy, such problems as identity theft and bank errors.

Inventory Reconciliations

Update list and records of your organizations Inventory can be maintained by us. Purchase and Sales of Assets are updated regularly by us. Goods in and out are updated to provide an up to date stock record. Records are updated for Obsolete stocks as per your requirements.

Cash Flow Manangement

Maintaining a healthy cash flow is a challenging task for most businesses. We offer a wide range of Bookkeeping accounting solutions that assists you in effectively managing the cash flow of your business.

Accounts Receivables

Our bookkeeping firm solutions are ideally designed for immediate invoicing and cash flow statements. By leveraging our processes & reports, our customers can better manage their vendors and collect the accounts receivable management quickly and more efficiently.

Accounts Payables

By utilizing accounts payable events you can prioritize payments, negotiate terms, reduce bad debts and managing the detailed information, your company requires in a timely manner. We use efficient and user-friendly accounts payable software with powerful accounting transactions and reporting features to streamline your entire cash flow process.

Credit Card and Bank Reconciliations

Bank Reconciliations and Credit Card reconciliations are complex processes. OutsourcedBooks bookkeeping firm checks the accuracy of your bank statement details, payments made into your account and withdrawals from your account that helps to identify the problems. Our experience in the field of Credit Card and Bank Reconciliation services has grown over years.

Budgeting

Budgeting is the process of making specific financial plans for a short period of time. It helps in predicting and controlling the money spent within the organization and also involves day to day monitoring of current budgets. It involves making different budgets including: Sales Budget,Production Budget & Financial Budget.

Payroll Management

It includes electronic data entry - timesheets and calculations of bonuses, overtime -and commissions, making calculations and paying your local, state and federal taxes, email payment notifications for employees & email reminders that tell you when it's time to process payroll. We guarantee accurate federal, state, local and voluntary withholding calculations.

Financial Statement Preparation

The preparation of financial statements involves the process of aggregating accounting information into a standardized set of financials.Once the adjusting entries have been made the financial statements can be prepared using the information from the ledger accounts.The completed financial statements are then distributed to lenders, creditors, and investors, who use them to evaluate the performance, liquidity, and cash flows of a business.

Quick Books Set Up

We assist new QuickBooks users with initial setup including: EasyStep Interview, Preferences, Lists, Customers, Vendors, Employees, Banking and Reports. We also help experienced users manage their businesses more effectively by improving their current setup. Many users experience problems and lack the ability to generate and track important information as a result of inadequate setup.

Data Migration

Data migration is a crucial operation within any enterprise and failure can be catastrophic. It is the process of moving clients data from the current softwares to another preferred software which is thought to be a better one. Even though it is time consuming and tedious task we do this tasks more comfortably as per our clients request.