Plan for Future with EA’s Outsourced General Accounting and Bookkeeping
Redirect your focus onto core competencies and let Expertise Accelerated share the burden of your mundane tasks.
CFOs are coming under growing pressure to optimize costs, enhance productivity and redirect their team’s focus on areas of core importance. Employee turnover is rampant in the fields of accounting and finance in the United States today and retaining talent is proving a challenge across the professional arena.
Such factors are driving Finance Leaders to look for alternates in the form of modernized operations and digital transformation.
Our end-to-end Accounting Services or process-specific Staff Augmentation facility provides the ideal, two-pronged solution: best-in-class service and cost-efficient talent, to optimize your General Accounting / Bookkeeping operations giving your team the time and energy to focus on core tasks.
Expertise Accelerated provides its clients with access to top talent and best practices as part of its general accounting/bookkeeping support services that enhance productivity through process automation, expediting month-end, quarterly and annual closings for the client company.
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GENERAL ACCOUNTING AND BOOKKEEPING
- Asset Accounts
- Liability Accounts
- Equity Accounts
- Revenue & Expense Accounts
Journal Entry Posting
- Journal Account Coding
- Obtain Approvals
- Record Expenses with Allocations
- Estimate expenses incurred but not billed
Period End Closing
- Period End Close Checklist
- Record Goods Shipped & Issue Invoices
- Record Goods Received & Record Expenses
- Finalize P&L and Balance Sheet
Account & Bank Reconciliations
- Reconcile Revenue With Cost of Goods Sold
- Reconcile All Balance Sheet Accounts
- Reconcile Bank
Fixed Assets Management
- Record All Assets Purchased
- Record Disposals
- Book Depreciation
- Reconcile Accounts
- Prepare Financial Statements
- Issue Management Reports
- Issue KPIs and Dashboards
- Perform Variance Analysis
WHAT OUR CLIENTS HAVE TO SAY
FREQUENTLY ASKED QUESTIONS
The cost of bookkeeping services varies, depending on a range of factors such as the volume and complexity of the transactions, the locality of operations and the profile of the third party service provider, among others.
Bookkeeping is the basic and foundational service involving just the recording of transactions/accounting data. Meanwhile, accounting services include a range of functional services including the interpretation, classification, analysis, reporting and summarization of accounting data.
Bookkeeper salaries typically range between $39,000 to $50,000 per annum in the United States, but substantial savings are possible through outsourcing and staff augmentation solutions. Expertise Accelerated commits to deliver 60% payroll savings on accounting services through its quality-assured outsourcing and staff augmentation solutions.
Businesses are motivated to hire accounting and bookkeeping services for a number of reasons, which may possible include process optimization, import of expertise, cost savings, data storage, protection and privacy, etc.