Outsourced Bookkeeping

An outsourced bookkeeper is a bookkeeping expert that is trained in specific software and processes to manage your finances.  With outsourced bookkeeping, the bookkeeper works remotely with an online accounting platform that you, as the business owner, can access in real time and are not tied down to a specific desktop.  You will also have access to a bookkeeping specialist no mater their business location.  Because of this, outsourced bookkeepers can service almost any location.  Our bookkeeping services include:

• Banking and credit card transaction coding
• Bank / credit card reconciliations
• Payroll transaction posting from your payroll provider
• Recordkeeping
• Expense tracking
• Accounts Receivable (customer transactions)
• Accounts Payable (vendor or subcontractor transactions)

An outsourced accountant is an expert on the entire accounting process.  They take what your bookkeeper does and makes any adjustments needed to complete the monthly closing and produce your financial reporting.  Our outsourced accountant services include:

• Adjusting Journal Entries
• Month end accruals
• Fixed Asset management with depreciation
• Sales tax & filing return
• Advanced Accounts Receivable & Accounts Payable (collections & write off process)
• Inventory tracking / adjustments
• Monthly and/or period closing
• Annual 1099 filing   
• Financial statements (Balance Sheet, P&L, Cash flow)
• Scheduled meetings with management once a month

As your business grows, so does your accounting needs. Outsourced Controllers (OC) are responsible for accurate and complete accounting records and provide deeper report analysis for your business.  They also work on developing automation with technology to streamline your accounting processes.  An OC will also help you identify trends to ensure you are making the best financial decisions.

An important role for an OC is supervising the accounting staff and ensuring that all the normal bookkeeping and accounting tasks are completed accurately.  This ensures that finalizing the monthly closing process is smooth and efficient so you are provided with accurate and timely financial statements.

At Wisconsin Bookkeeping, our outsourced controller services will provide you with management level financial expertise at a fraction of the cost of an in-house controller.  Our OC services include:

• Processes & Internal control development
• Management reporting
• Budgeting & Forecasting
• Company KPI's and industry comparison
• Cash flow planning
• Job costing
• Scheduled meetings with management up to 2 times a month
• Work with your CPA / tax preparer to prepare tax returns or when needed