Oct 09

Your Custom Bookkeeper for All Your Accounting Needs

By Henry | Bookkeeping

Proper finance management is crucial if you wish to run a successful entity. But things can get harder as the business grows over time, and you are likely to find it exhausting to address your company’s tax and accounting demands. Fortunately, you can count on qualified, reputable accounting experts from Your Custom Bookkeeper to grow your confidence in financial analysis and reporting.

We are not just an agency to offer accounting services; we are your partners – offering you a full suite of customer accounting services. With years of experience in the field, we acknowledge how hard it is for startups and medium-sized businesses to hire full-time bookkeepers or accountants. That’s why we are here to relieve you of the burdening hassle.

While finances may not by your company’s core objective, they still form a critical element to its success. We acknowledge that the establishment is your passion, and we are here to ensure you remain focused on your passion. Throughout the years we’ve been in business, we’ve acquired the right talent and accounting resources to ensure you stay accountable and grow your profitability.

Our Services

We understand that no businesses are alike, so we offer completely customized solutions for our clients’ specific needs, whether you are established or just starting up. There’s no limit to the benefits you get when leveraging our accounting services.

Accounting and Bookkeeping

One of our key priorities is to ensure small to midsize entities get the full-cycle bookkeeping and accounting help they need. We leverage advanced accounting and financial software like QuickBooks to serve as a full accounting department. Our knowledgeable team can rely on our resources to support the current CFO or handle the Controller or CFO capacity ourselves.

Our agency’s main objective is to supply you with the custom accounting service that matches your business needs and goals.

Financial Reconciliation and Reporting

We have a practical working capital approach to help eliminate the guesswork out of ascertaining your financial performance. Hurdles like making late payments to your suppliers will be a thing of the past! Working with us ensures you have the appropriate tools to aid effective cash flow management and reporting.

Our experts commit to reconciling your company books in the agreed timelines, whether daily, weekly, monthly or annually. Our principal mission is to ensure you get the right reporting to ensure you manage your company efficiently.

Tax Preparation

Whether you are a business entity or an individual, you can count on us for award-winning tax preparation and planning. We understand every business’s tax needs and thus acquired state-of-the-art software to deliver custom accounting services. We are also a licensed tax originator with full e-filing capabilities and registered with the IRS.

If you have any previous tax filing and extension issues, do not fret. We can help you through the amendments to ensure compliance, and offer the most precise servicing and advice by updating you on new trends and tax code modifications. 

Payroll Services

Being an industry leader, we acknowledge that staff are a crucial component of the company foundation. We also understand the challenges that you may face to ensure your team is compensated accurately and timely. Our certified public accountants and are here to relieve you from the nerve-racking and time-consuming process.

We hold a reputation for offering reliable, comprehensive payroll services. Our experts work hand in hand with your management team, and you can be sure that every working hour is accounted for and correctly documented. We acknowledge the role of your employees in the success of your company. That is why we have everything in place to ensure they get their payment on time.

Operational Analytics and Financial Reporting

Precise financial reports are usually hard to understand and can be really confusing. That’s why we’ve designed our reporting services to match our clients’ specific needs, whether small or large companies.

All our data and key metrics come in a user-friendly format highlighting every crucial facet of your financial performance. With our accurate reports, you can make the right business decisions, manage and tweak the operation costs, and monitor any fluctuations to maximize the ROI.

Cloud-Based Document Management and Invoice Processing

The entire world is shifting towards paperless technology, and we are not left behind. Your Custom Bookkeeper focuses on ensuring seamless and efficient processes that are controlled as well. We have the right systems to avail your financial records right from your mobile device or laptop. What’s more, we have effective approaches to facilitate document and invoice imaging to record, track, and make payments. Most importantly, we’ll ensure your cloud data is safe and accessible.

Work with Certified Experts

Our company is among the country’s select few to earn a Profit First certification. How does this benefit you? Our experts offer clear insights to ensure better decision-making for increased profits.

Of course, you can count on us for all your accounting tasks, from managing your financial records to computing the applicable tax returns. What makes Your Custom Bookkeeper stand out from the rest is that we are also focused on ensuring you achieve the most crucial business factor – maximizing your ROI.

We also offer a free profit consultation, assessing your current financial position and give the right advice to maximize your profits. Contact us today if you need help with your accounting practices or looking for custom solutions for your accounting and bookkeeping. 

Oct 09

Work Smarter By Outsourcing Your Payroll

By Henry | Payroll

Today’s small to medium-sized businesses are continually seeking ways to reduce overhead expenses while increasing productivity. As a result, outsourcing specific tasks has become a popular solution for freeing up time in order to focus on more critical aspects of the business. Outsourcing the payroll function has become a popular means of doing this with many positive results. 

There are many benefits to outsourcing payroll rather than processing it in-house.

  • Saves Time
    Payroll processing is a substantial time-consuming activity. Each pay period requires the input of data and correction of any errors. The process also requires tracking benefit deductions, paid time off, and attention to changes in federal and state regulations. Additionally, W2s must be prepared and distributed on time to each employee. Even once the payroll data has been entered, checks must be printed, signed, and distributed. By outsourcing this function, employers will realize substantially more time to focus on other tasks within the business. Employers will only need to approve records with the outsourced specialist for each pay period rather than dealing with these repetitive activities.
  • Cost Efficiency
    Small and medium-sized businesses may not find it economically feasible to support a payroll department in-house, especially if they are operating the company with less than 30 employees. Payroll employees calling in sick, resigning, or needing vacation or maternity leave time, can overburden the department. New or temporary staff to replace them would have to take time to understand the payroll system which could result in excessive delays. Internal payroll processing also requires implementing and maintaining expensive computer hardware and software programs. Should the payroll platform experience failures, this would be another unexpected cost to resolve.
  • Avoidance of Tax Errors and Penalties
    Business owners often find it difficult to keep abreast of constantly changing government tax laws. This can result in unintentional omissions and errors in payroll taxes leading to costly penalties and audits. By using a professional payroll provider, you can be assured that all regulations are being closely followed with considerably fewer opportunities for errors. Additionally, many outsourced payroll specialists can handle tax filing and payment which relieves the business owner of this time-consuming responsibility.
  • Teaming with Experts
    Payroll professionals keep current with Human Resources and payroll regulations which small business owners lack the time to research.  These areas include workers compensation laws, 401K programs, and other benefits and deductions that are included in the payroll system. By teaming up with a staff of qualified experts at outsourced payroll providers, business owners will be free of worries when it comes to the administration of these essential plans. 
  • Data Protection
    Due to the risks involved in payroll processing, enhanced security measures are of critical importance. Embezzlement, file tampering, and identity theft are a constant and real threat to any financial system. The last thing a business owner needs to worry about is having to closely monitor their payroll systems for these intrusions. Most outsourced payroll providers have resources in place that can monitor and alert clients to suspicious activity. These systems also provide the best protection for the storage of confidential data through the use of redundant backup systems and highly secure servers.
  • Real-Time Reports
    Payroll companies often provide access to many real-time reports through systems that harness the latest software and hardware technology. These systems can give business owners access to  invoices and payroll reports, benefits information, and total compensation reports.

In conclusion, processing payroll in-house has many disadvantages that can easily affect the bottom line of the business. By outsourcing this function, the business owner can be confident that payroll will be met without costly delays. Contact us for more information on how our payroll services can help improve your productivity and profitability.