Outsourced Bookkeeping
Service Category
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Phone Number
+1 307-205-8005
Email Address
info@safebooksglobal.com
Office Address (US)
30 N Gould St STE R Sheridan WY 82801
Office Address (India)
A 813, Mondeal Heights, SG Highway Road, Ahmedabad, 380015
OUR OUTSOURCED SERVICES
Outsourced Bookkeeping Services for CPAs
If you are a CPA firm, you’ll know that it becomes increasingly difficult to maintain bookkeeping operations like financial records, accounts payable, accounts receivable, etc. because of the administrative expenses.
Outsourcing bookkeeping is a great way to save time, lower overhead accounting costs, and increase profits while allowing you to focus 100% to meet the other work deadlines that can offer numerous benefits to your CPA firm.
Companies providing Virtual bookkeeping services usually helps to improve their accounting accuracy, timely work and fund flow management.
Safebooks Global is a bookkeeping firm providing CPAs with outsourced services in functional return preparation areas such as federal tax, write-up services, sales and, accounting services, income tax, and financial statements preparation.
Bookkeeping Outsourcing Service
COMPLETE BOOKKEEPING
Our virtual bookkeeper will be expected to work on duties like regular bookkeeping assists in the preparation of financial statements for a company, responsible for preparing general bank entries, reporting balance sheet, Income statements, P&L tasks.
Key Skills :
- Recording monthly/yearly bank entries - recording the bank entries for the given month fromt the bank statement provided.
- Recording monthly invoicing - raising invoices and then clearing the invoice as and when they are paid off, this helps in tracking the account receivables for each customer
- Providing financial reports - Balance Sheet, P&L and Cash Flow Statement
- Recording monthly expenses/bills - tracking recurring expenses and recording bills in the accounting software so that the client can take the advantage of the vendor's credit and pay the bill on time.
Year-end/monthly book closing:
JOURNAL ENTRIES
Manual entry can often become tedious and repetitive. Safebooks Global have professional accountants offering online bookkeeping services so you don’t have to worry about doing this work yourself. We provide fast, accurate solutions to all your Bookkeeping outsourcing requirements.
Key Skills :
- Depreciation
- Retained Earnings Adjustments
- Assuring that the investment accounts are at the correct valuation method
- Recording year-end investment income from partnership/corporation
- Accrual and Prepaid
- Loan and Interest adjustments
- Assist in cash to accruals or accrual to cash (for tax purposes)
- Payroll entries/adjustments
BANK RECONCILIATION
Banks reconciliation is an essential part of accounting in which firms match their bank accounts with the records of their financial transactions. Banks reconcile their balance sheets against their cash flow statement.
Key Skills :
- Discussing uncleared transactions over a period of 2 months
- Assuring that there are no duplications
FIXED ASSET MANAGEMENT
Fixed asset management is an essential component of accounting practices to most organizations’ business strategies. Maintaining accurate records of all fixed assets can provide useful information for future planning, budgeting, forecasting, and research.
Key Skills :
- Deciding on whether to capitalize or expense off the asset bought
- Tracking partial/full disposal
- Calculating depreciation/amortization
- Deciding on the life of the asset (number of years over which the asset should be depreciated)
- Tracking if the asset is a dead asset and writing it off
ACCOUNT RECEIVABLE / ACCOUNT PAYABLE MANAGEMENT
Assuring that the ledgers/Chart of Accounts are consistent to generate reports for 1099/ account receivable/account payable management.
CLEANING UP YOUR ACCOUNTS
Cleaning up of accounts (as and when required) – cleaning up books for the past few years and make sure they are presentable. This process involves doing bookkeeping holistically at a time instead of monthly/yearly.
Key Skills :
- Setting up correct Chart of Accounts
- Reclassifying incorrect transactions recorded
- Bank Reconciliation of credit card and bank
- Making sure that none of the personal expenses are recorded as business expenses
- Recording appropriate journal entries
OUR PROCESS
Get Outsource Bookkeeper with Safebooks Global
Safebooks Global is an accounting firm that believes in your success by having access to qualified accounting experts. By partnering with our CPA experts, we can ensure that you receive top quality Bookkeeping outsourcing services.
Our in-house accounting team has years of experience working with CPA and EA firms across diverse industry which means your chances of missing deadlines are eliminated with our professionals.
Query Establishment
Requirement Analysis
Pricing and Contracting
Project Kickstart
Our TECH EXPERTISE
BOOKKEEPING SOFTWARE'S WE WORK ON
Our team is experienced with the best software for bookkeepers that providing our clients best outsourced bookkeeping services.
our diverse portfolio
INDUSTRY WE SERVE
Packed with clients that represent various sectors such as: