FREQUENTLY ASKED QUESTIONS
Yes. Our CPAs personally oversee the onboarding, review, and stabilization of all new clients.
Once your accounting is running smoothly, a dedicated engagement manager continues managing the day-to-day communication while our CPAs remain available for escalation, strategic questions, and periodic reviews.
Our clients’ accounts are managed by senior accountants typically with Big Four experience (e.g., Deloitte, EY) and reviewed by U.S.-based leadership.
Our hybrid model gives you the benefit of:
- Specialized U.S industry skill sets
- Big Four–caliber talent
- A heavily supervised team
- 60%+ cost savings
Quality control is strict, and oversight happens at multiple levels.
Our crew is quite familiar with QuickBooks online and QuickBooks desktop, Xero, NetSuite, and Sage.
Moreover, we also use related applications to payroll, AP/AR, inventory, and reporting, including Bill.com, Gusto, ADP, Stripe, Square, A2X, and other industry-specific systems. Assuming that you are on a different platform, we are flexible and can easily adjust or suggest the appropriate tech stack, according to the needs of a business.
Yes, we are heavy users of the QuickBooks Online and QuickBooks Desktop.
We also combine the EDI systems, distributor portal, POS reports, and manual order processing workflow. We have our teams to organize and categorize all these to provide full audit ready records.
Yes. We provide a full set of monthly financials once your accounting is organized and up to date, including:
Profit & Loss (P&L)
Balance Sheet
Cash Flow Statement
Additional management reports as needed
All financials are prepared on a proper accrual basis, giving you accurate and reliable insights to make informed decisions.
EA’s outsourced bookkeepers ensure smooth communication and collaboration with onshore teams across different time zones in the following ways:
- Arrange meeting: To maintain regular communication, we make sure that we have regular MS Teams or Zoom meetings at a convenient time to both parties.
- We also use email thread and MS Teams communication as an asynchronous means of communication, where both sides can talk and participate in a conversation at their own pace.
- Meeting summaries: We adopt a summary form of meeting recap, where we provide comprehensive email summaries of every meeting to ensure that we all remain on track.
Our onboarding process is designed to make things simple and straightforward, so you can get clear insight into your finances quickly.
After you book a free consultation call with our team, we follow these steps:
- Discovery & Document Request – We examine your current accounting system, financial documentation and any other supporting documents.
- Catch-Up & Clean-Up – This is the organization, categorization, and subsequent correction of any previous-period transaction when required.
- Stabilization – We enforce proper accounting records, we standardize operations and we make sure that your accounts are established properly.
- Monthly Close Cadence – When everything is complete, we provide proper timely financials on a monthly basis, on a regular basis.
You are provided with maximum visibility, frequent updates, and a roadmap.
Most clients reduce their accounting costs by 60% or more while gaining access to deeper U.S. industry expertise than they could hire locally.
With EA, you get both affordable accounting and a stronger skill set.
Accounting is a problem that is faced by small businesses since they might not be aware of what is needed to do this or they simply do not have the knowledge to do these things.
The main functions that are supported by accounting teams include transaction processing, reconciliations, accounts payable and receivable management, month-end closing and financial reporting.
Under the supervision of skilled professionals, small business enterprises minimize the number of mistakes and keep the books in order.
General accounting is everyday financial management to keep your business organized, accurate, and industry compliant. It helps you control your finances by keeping your financial records clean and compliant.
It typically includes:
- Bookkeeping
- Bank Reconciliations
- Payroll Processing
- Financial Statements
- Tax Compliance
- Expense Tracking
In addition, general accounting often includes structured processes such as:
- Period End Closing
- Expense Allocations
- Revenue Booking
- Chart of Accounts
General accounting is the foundation of financial management. A generalist accountant focuses on the essentials and records income and expenses. He ensures that the financial records will clear the GAAP and tax laws.
General accounting tasks are important for keeping the business organized and compliant. They are usually enough for small-mid-sized businesses.
Specialized accounting, on the other hand, goes deeper. A specialist accountant brings industry-specific knowledge and experience that a generalist might lack.
For example, in the Consumer-Packaged Goods CPG) industry, a CPG specialist doesn’t just record expenses. They track trade spending, chargebacks, and slotting fees in detail, analyze deductions by retailer or promotion type, and build SKU-level profitability reports.