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Global Services
In today's globalized and digitized world, we recognize the perpetually increasing demands on accountants and the pressure these create on companies to remain competitive. In light of this, we offer offshore outsourcing and co-sourcing services led by a team of US CPAs with a diverse background of international experience. We offer a full-service menu of accounting, taxation, and assurance solutions to help companies and CPA firms extend their capacities and remain profitable during the busiest times of the year. We believe that the internet has forever changed the way we do business. Just as globalization unlocked new efficiencies and enabled nations to cooperate and optimize through their comparative advantages, so too has the internet given us a level of access to faraway products, services, art, entertainment, friends, teammates, knowledge, culture, and lifestyles unimaginable 30 years ago. We believe that by embracing this dispersion, we can grow together, learn more about how we can help one another, and ultimately leave behind a more prosperous world than the one we found.
Assurance and Taxation Support
We offer co-sourced assurance and taxation support services to public accounting firms in other countries to help their teams manage their workloads during busy seasons. For assurance services, we train our staff on IFRS, GAAP, and GAAS. However, for taxation, our global team currently only focuses on US tax. Our team is trained in using the CaseWare audit software and preparing Forms 1040, 1065, 1120, and 1120S using tax software.
Bookkeeping and Financial Statement Preparation
Outsourced bookkeeping services enable companies to take back valuable time and resources that can then be used to strategize and focus on core business operations. We offer professional bookkeeping services so our clients can have all the valuable financial information they need professionally prepared for a fraction of the in-house cost, as well as an expedited tax filing process. Our staff is trained in using the Quickbooks accounting software and performs the following activities and more:
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Setting up the chart of accounts
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Coding and recording all transactions
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Maintaining ledgers and sub-ledgers
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Updating the Fixed Asset Register
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Month- and year-end closings
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Bank reconciliations
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Financial statement preparation
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Management Information System Reporting
Accounts Receivable and Payable
Co-sourcing accounts receivable and payable can be an efficient and cost-effective solution for companies looking to minimize time spent on repetitive tasks, such as processing invoices and checks while maintaining the desired level of control over the process and quality. Co-sourcing these functions allows companies to reduce the amount of paper to manage and time and error rates due to work being performed by dedicated professionals.
Our staff is trained in using ERP software and perform the following activities and more:
Accounts Receivable
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Creating customer invoices
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Accounting for receivables transactions
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Maintaining ledgers
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Collecting and soliciting payments on overdue debts
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Reconciling accounts
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Issuing credit memos and refund checks
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Preparing monthly, quarterly, and annual receivables reports
Accounts Payable
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Processing vendor invoices
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Accounting for purchase and payable transactions
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Maintaining ledgers
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Processing payments after obtaining required authorizations
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Reconciling accounts
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Communicating with suppliers
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Preparing monthly, quarterly, and annual receivables reports
