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Outsourcing
Service - Controller Service
This is
our core product in our outsourcing department. This is ideal for companies
that:
- Grow to a point where it has enough transactions to
warrant a bookkeeper or outsourcing.
- Are required to prepare periodic financial reports,
e.g. by banks, investors or venture capitalists
- Want to minimized the resources allocated to
financial reporting and record keeping.
- Want access to reports on a day-to-day basis.
How does this
work?
Our client will contract with us for a
pre-determined time period and fees. During the engagemen t:
- We will be the outsourced accounting department.
It will work the same way as if we are sharing the same office with you.
- We will provide basic accounting functions as agreed
upon with our clients. A typical engagement may include:
- Accounts Payable
- Accounts Receivable
- Bank and Credit card reconciliations
- General Ledger
- Preparation of periodic financial statements
- Payroll
- Sales and Payroll Taxes
- Billing and Collection
- Job Costing
- Time and Billing, and etc.
- Based on pre-defined criteria, the clients can
access a list of reports through their web browsers.
- Our clients still maintain complete control of their
financials. They will authorize payment, sign all checks and make all
pertinent financial decision.
- We will act as the person to develop and maintain
financial control for our clients.
- We will be a bridge for our clients to obtain
additional help and operational expertise in the financial area.
- The clients will have a complete infrastructure for
an accounting department built up at a minimal cost.
If Controller service does not meet the need of your
company, you can try our Remote Review service
to see how we can help you. On the other hand, if you think you need more
extensive service than a Controller Service, you can check with our CFO
Service or other outsourcing service.
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