OUTSOURCING SERVICES

Virtual Accounting Office

Our firm can provide you organization with the benefits and advantages of an internal accounting office without the overhead expenditure. Our virtual accounting office is designed to allow you to focus on your operational goals without having to worry about floor space, training or employee turnover.

The Virtual Accounting Office can take care of many accounting department functions for you such as:

• Pay bills
• Invoicing and collections
• Payroll administration
• Manage accounting system
• Regular financial reporting
• Staff coverage during leave or turnover periods
• Provide senior management level controllership function

Your goals, your objectives and management requirements are unique to your business. Because we work with a variety of businesses every day, we can quickly determine your special needs and make recommendations to meet your unique reporting requirements.

Bookkeeping is typically a time consuming and often frustrating task - a necessary evil that distracts you and your staff from focusing on your products, services, and customers. Let us ease the burden of financial reporting, and deliver to you a level of expertise that few small to medium sized companies could afford to maintain in-house.

Each month we prepare a complete set of easy to read management reports that give you an accurate, up-to-the-minute picture of your company's financial status, including:

• Detailed General Ledgers: Armed with accurate general ledger data, we can quickly analyze specific income or expense items in detail and determine any opportunities for improvement.
• Payroll and Cheque Registers: Complete listings of all company cheques written during the month show you exactly where your money is going, and are indispensable if an employee has a payroll question or a supplier calls regarding a payment. In the event of an audit, all the necessary information needed to substantiate any deductions is at your fingertips.
• Bank reconciliation: Cancelled cheques and bank statements can be sent directly to our office, so that we can immediately reconcile the account and alert you if corrections need to be made or any matters require your attention.
• Financial Statements: We prepare a complete set of management reports for you, including balance sheets, and income and cash flow statements, so you'll have an accurate monthly picture of your company's well-being.
• Tax Compliance: Regardless of your business calendar, we will prepare all of your business tax returns (GST, PST, Payroll, Corporate), get them filed on time, and handle any questions or audits.
• Custom Reports: Additional customized reports further help you manage your operations for greater efficiency and profit, including budget preparation and compliance issues.

Feel free to contact one of our firm representatives for pricing on the Virtual Accounting Office. We guarantee you that our fees will be less than hiring a full-time employee to accomplish the same.