Outsourced Accounting Services
The term outsourced may come off as a little intimidating, mainly because people may associate it with out of the country. Outsourcing means contracting a person or business to do the work of an internal source for yourself or business. As an outsourced accounting firm, we can take over your entire accounting department from our office. We offer many services, here is a highlight of one of those services, Bookkeeping.
Here are some main questions we get asked…
What is Quality Back Office?
Quality Back Office, also known as QBO, offers accounting and bookkeeping services tailored to the specific needs of any business. Providing businesses with accurate and timely records – knowing how and when money is made and spent is key to making important decisions for your business.
How does it all work?
Each month QBO will review and record all banking, credit card, and loan transactions into their proper income and expense accounts, followed by a full reconciliation of all accounts. Our staff then provides detailed financial reporting, customized to your needs in order to run your business. At month end, you’ll receive a full financial statement package, reviewed by our management team, so you can better understand your current financial situation. If needed, we will also make necessary tax adjustments and answer any questions that may arise while reviewing these monthly reports.
Why do I need Accounting and Bookkeeping Services?
A business is never too small to need bookkeeping and accounting assistance. Bookkeeping is the organization of the financial information for your business. Allowing you to get information on the financial health of your business, helping to keep an eye on transactions to spot any potential irregular activity. All the while giving your business everything it needs to be as prepared as possible for taxes at year-end.
Not only is bookkeeping helpful to your business in the present, but it also provides you the ability to better plan for the future of your business. Seeing what money you make and where it goes allows you to create an accurate budget for your business.
Why QBO?
Many people think that they NEED an in-house accountant to do their books. That is not always the case! We use secure platforms for you to be able to share your login information for your accounts. With the ability to link bank accounts, the process of importing transactions helps to increase efficiency. By doing this, QBO is able to log in and complete the work without having to pester you for answers or access.
What Software does QBO use?
Do you have a QuickBooks Account? Desktop or Online? QBO will help with any transition to a QuickBooks Online account or setup of account. A QuickBooks Online account helps QBO to ensure that our work is executed as efficiently as possible. All the while allowing you the visibility you want with your books. That way you can put all of your focus on your business and let us worry about classing and coding.
Hand your books over to QBO and we will take care of the rest!
Are you interested in QBO doing your businesses bookkeeping? Fill out our contact form and we will be in touch!