Virtual Accounting/Controller Services
Businesses depend on accurate, insightful financial information to manage their day-to-day operations, capitalize on opportunities, and sustain profitability. We lend our expert support to meet your accounting needs so that you can focus your time and energy on building a strong business.
Bookkeeping
We will create and maintain a chart of accounts to capture all your financial transactions, provide the right information to manage your business. This will allow us to identify and resolve discrepancies (e.g., double billings, unrecorded payments) to ensure that you have a complete and accurate picture of your financial position.
Bank Reconciliation
Our bank reconciliation services ensure that every deposit and withdrawal align with entries into your accounting records. This assessment enables us to identify lost deposits, lost checks, unauthorized transactions, and inappropriate bank fees. It triggers investigation into any fraudulent activity (identity theft, forgery, embezzlement, etc.), and expedites restitution. And it gives you a clearer picture of your cash position for addressing planned outlays and investments.
Monthly Management Reports
The following reports will be provided to help you assess the health of your business:
- A Balance Sheet that gives you a snapshot of your overall financial condition at month, quarter, and/or year end
- A Profit and Loss Statement that summarizes revenues, expenses, and net profits so you can assess the operating performance of your business
- A Comparison of Actual Performance to Budget so you can identify trouble spots in your revenue stream or spending patterns
- A Cash Flow Statement that shows how changes in your Balance Sheet and Income Statement affect your available cash