Accounts Payable Processing

• Input billing (data entry) to ensure it is coded to the proper classification​

• Match bills with purchase orders

• Process checks for timely payment

• Periodic review of accounts to ensure you are maximizing profits

• Expense Tracking

• Bank and credit card reconciliation

Accounts Receivable Processing​

• Establish Credit policies​

• Create invoicing to your clients (usually from bid or contract) and mail

• Set up automatic invoicing (QuickBooks)

• Apply payments and make deposits

• Send out collection reminder letters

• Receivable tracking and reports

Set-Up Accounting Program​

• QuickBooks - User friendly and affordable ​for small businesses

• Spreadsheets - For those with very few monthly cash transactions and only track for year-end taxes.  Usually these are hobby businesses.

• Other programs as necessary

Payroll​

• Determine if contractor or employee​

• Calculate payroll and process

• Adhere to State and Federal laws regarding banking and reporting

• Calculate and file State and Federal payroll taxes and complete quarterly and annual reports

• Create 1099's and W2's and file

Training​

• QuickBooks​

• Budget

• Business Plan

• Excel spreadsheets