Outsourced Bookkeeping Roles
Service Category
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Phone Number
+1 628 254 0254
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
Bookkeeping Roles
If you are a CPA firm, you’ll know that it becomes increasingly difficult to maintain bookkeeping operations because of the administrative expenses.
Outsourcing bookkeeping roles is a great way to save time, lower overhead 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 outsourced bookkeeping services usually helps to improve their accounting accuracy, timely work and fund flow management.
Safebooks Global has been providing CPA bookkeeping services in functional return preparation areas such as federal tax, write-up services, sales and, accounting services, income tax, and financial statements preparation.
Our team of accounting professionals is experienced with various accounting software programs such as QuickBooks, wave, xero, sage, etc offering high quality services.
We focus on strategic planning and implement progressive plans correlated to taxes, cash, financing, and industry procedures. Furthermore, keeping records of bills payable and receivable, managing stock, cost accounting, and managing payroll are some of our best offshore accounting services to CPA firms.
Bookkeeping:
COMPLETE BOOKKEEPING
Our 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 ledger accounts, journal entries 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 offers outsourced accounting services so you don’t have to worry about doing this work yourself. They provide fast, accurate solutions to all your accounting needs.
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. In addition, 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 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 offshore accountants with Safebooks Global
At Safebooks Global, we believe that having access to qualified professionals is key to success. By partnering our CPA experts, we can ensure that you receive top quality accounting services.
Our 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
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Our TECH EXPERTISE
ACCOUNTING SOFTWARES WE WORK ON
Our team is experienced with the best accounting software’s that provide our clients best accounting solutions.
our diverse portfolio
INDUSTRY WE SERVE
Packed with clients that represent various sectors such as: