General Accounting and Bookkeeping

“Tailored Solutions, On-Demand Resources, Assured Quality, Round-The-Clock Service.”

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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

Chart of
Accounts

  • Asset Accounts
  • Liability Accounts
  • Equity Accounts
  • Revenue & Expense Accounts

Journal Entry Posting

  • Journal Account Coding
  • Approvals
  • Posting
  • Filing

Expense Allocations

  • 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

Financial Reporting

  • Prepare Financial Statements
  • Issue Management Reports
  • Issue KPIs and Dashboards
  • Perform Variance Analysis

Quality-Assured Accounting & Bookkeeping Solutions

Expertise Accelerated’s (EA) bookkeeping solutions are geared at providing high value-for-money accounting & bookkeeping solutions to US SMEs. Companies generally explore the option of outsourcing bookkeeping to shift the focus closer to tactical and strategic decision-making, and away from mundane tasks.  Companies outsourcing bookkeeping services to third-party service providers are generally concerned about quality. However, being a quality-centric service provider, EA assures service quality through rigorous procedures as reflected in its service doctrine EA’s Bookkeeping Services USA. Clients interested in leveraging outsourced bookkeeping services can bank on EA for a quality-assured and affordable service.

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OUR PARTNERS

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OUR PARTNERS

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WHAT OUR CLIENTS HAVE TO SAY

FREQUENTLY ASKED QUESTIONS

How much do bookkeeping services cost us?

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.

What is the difference between accounting services and bookkeeping?

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.

How much should I pay my bookkeeper?

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.

Why should we hire accounting and bookkeeping services?

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.