Does your business have more than $1 million in annual revenue? Is your in-house bookkeeper overworked? (Or have you had another employee, maybe an office manager or administrative assistant, doing your books for you?) Do you feel as if you’re outgrowing your current accounting system and bookkeeping software?
At AccountingDepartment.com, we help business owners just like you get your financial statements in order with daily, weekly and monthly bookkeeping processes and procedures. Let’s take a look at some of the services your full-charge bookkeeper can provide on a daily basis.
Accounts Payable
We’ll make sure all your accounts payable go out on time to avoid late fees and reduce your stress levels.
Additionally, our system of checks and balances, our electronic bill pay technology, and the employee insurance we carry reduces the risk of corporate fraud. Accounts Payable is an important part of your business, and you can trust us to manage it.
Accounts Receivable
Accounts Receivable tracks money that comes into your business. Your full-charge bookkeeper manages AR receipts daily, so you can find out how much cash-on-hand you have with just a few clicks.
Banking
We’ll deposit all checks and keep your checking account and other banking accounts balanced daily, so your AP/AR, cash flow statement and balance sheets are always accurate.
These three systems are at the heart of accurate bookkeeping and most fast-growing businesses need accounts payable, accounts receivable and banking ledgers updated daily for better financial control of a business.
GAAP-approved Financial Statements