Service

Service

Bookkeeping

• Journal entry
• Maintaining general ledger
• Maintaining subsidiary ledger

Accounts Receivable Management

• Record and account for revenue
• Invoice generation
• Input receivable transactions into the accounting system
• Prepare and deliver periodic statements
• Issue client-approved credit memos and refund checks
• Maintain subsidiary receivables ledger
• Process client-approved adjustments
• Sending reminders
• Generation of A/R reports

Accounts Payable Management

• Entering bills of vendors tracking of A/P
• Input vendor invoices to payable system
• Classify invoices to the proper G/L account
• Respond to vendor inquiries about payment status
• Payments to vendors/suppliers
• Retrieve copies of payments as necessary
• Process requests for stop payments when necessary
• Cut checks to vendors based on due dates or client instruction
• Reconcile vendor statements to accounts payable ledger
• Reporting to organization on detailed aged payables and cash requirements
• Generation of A/P reports

Fixed Assets Management

• Classify, capitalize, and record fixed assets items and capital expenditures (additions, transfers, retirements)
• Calculate and record depreciation and amortization
• Maintain depreciation schedules

Intangible Assets

• Intangible Assets survey and report
• Intangible Assets management
• Intangible Assets protection (patent, trademarks, copyright, designs, etc.)

Inventory Accounting

• Analyses of the situation of inventory and working out the reserve for market price decline
• Generation of Inventory reports

Investment

• Investment processing
• Financial report to reflect monthly investment activity
• Calculation and preparation of accrual and amortization reports to assist quarterly reconciliation of governmental investment accounts
• Audit assistance with funds
• Maintenance of both electronic and paper support documentation

Financial Report and Statements

• Financial Report
  • Monthly report
  • Quarterly report
  • Semi-annual report
  • Annual report
  • Coordinating and preparing all financial SEC filings
• Financial Statements
  • Balance sheets
  • Statements of loss and profit
  • Statements of cash flows
  • Other standard financial statements

Payroll Processing

• Calculation of wages for each pay period
• Handling payroll liabilities
• Completing payroll and client prints, signs and distributes paychecks
• Preparing timely and accurate notifications of tax liabilities and deposits
• Responding to requests for employee verifications
• Responding to employee payroll inquiries
• Preparing and file new hire reporting to state
• Reconciling health insurance payments and make payroll deductions when required
• Preparing, file, and pay all Federal, State, and local payroll taxes
• Unemployment claims administration
• Generation of payroll reports