AccountPartner™
The Turnkey Accounting Office Solution
Given today’s uncertain economic climate, our AccountPartner™ service may be the perfect solution for your business. Your survival may well depend on the need to “downsize” or “right-size” your overall operation. Thanks to technology you may find that many of your administrative overhead functions can be contracted out. Your Accounting office may be one of them. We believe that the Accounting function exists on three levels. Level one is a basic data entry and transactional function, level two is more skilled in reconciling accounts with some account analysis. Finally, level three is heavier in account analysis and the ability to interpret financial results on which you make sound business decisions. With our AccountPartner™ service you may realize all three levels as well as a healthy savings in overhead.
KEY FEATURES AND BENEFITS OF OUR SERVICE
· Focus your energies on the mission of your organization, not the Accounting details.
· You are free to abandon the bookkeeping duties and devote more of your energies to managing and expanding your business.
· Full service Accounting Department at a much lower cost than could be provided in-house.
· There is no Accounting Department to Staff and Manage.
· Management maintains control over all cash and expenditure approvals.
· Maintain control over your financial records by having secure online access of your data.
· We provide password-protected 24/7 real-time access by your key personnel to your accounting records from any location with Internet Access.
· The extensive, permissions based access structure, allow you to have control over the appropriate level of Accounting Records and Report visibility by members of your staff.
· Realize dramatic cost savings by not having to invest in a dedicated IT Network, the Personnel to run it, costly Software maintenance.
· Provide real-time Business Intelligence on the financial status of your operation.
DELIVERABLES
We will provide the following:
· Full-featured Accounting System and Access to include initial system set-up and data conversion.
· Standard Financial Reports, Finalized on a monthly basis for each Location and Consolidated.(If Applicable)
· Custom Reports (to be determined) appropriate to the effective management of your business.
· Payroll Services, are out-sourced to major payroll service providers.
· Accounts Payable Services with efficient Bill-Pay and check writing facilities.
· Bank Account reconciliation: It is anticipated that only one Bank Account will be required for operations and one investment type account.
· Professional services, including CFO services and other consulting, Tax and Auditing Services, will be provided separately and separately charged.
· Our services cannot be relied upon to disclose errors, fraud or illegal acts that may exist. In addition, we have no responsibility to identify and communicate significant deficiencies or material weaknesses in your internal control system as part of our services.
Your Responsibilities are:
· Collect money from customers.
· Make daily Bank Deposits and transmit the Deposit information to us on a daily basis.
· Transmit sales information, in a timely fashion. On a daily basis.
· Approve code and transmit invoices and expenditures to us for processing on a daily basis.
· Approve and transmit payroll information to us on a schedule. To include payroll changes and adjustments.
· Provide product inventory information.
· Determine Operating Budgets for each location for input into the system.
· Provide an electronic interface between your in-house proprietary management system and the Accounting System. This will be to facilitate real-time sales recognition and reports. The QuickBooks Import File from your Internal Management System on a daily basis.
You must have a well established, consistent and strong internal process and control structure to qualify for this service.
Contact us for an evaluation to determine if you meet the qualifications for our service to be successful for your business.