For a number of reasons, many organizations decide that a fully outsourced solution is the best way to manage their accounting and bookkeeping functions. This is typically because the organization’s limited resources need to be dedicated to its core mission and goals, and it lacks the internal expertise to properly manage its accounting operations. Many organizations across the nation also need a virtual, cost-effective, innovative solution that utilizes technology to the max.
For these organizations, based on their individual needs, Creative Accounting can provide:
- Full-Charge Bookkeeper - Enters daily accounting transactions – vendor bills, customer invoices, bill payments, customer payments and deposits, and other disbursements and withdrawals.
- Maintains complete and up-to-date detailed Accounts Receivable, Accounts Payable and cash account ledgers and provides daily or weekly reports on these and other critical areas of business management.
- Makes the necessary entries to record payroll processed by the client’s third-party provider, ensure that payroll liabilities are reconciled and that tax payments are made correctly to various authorities.
- Either processes payroll or makes the necessary entries to record payroll processed by the client’s third-party provider. In either case, payroll entries will include complete recording of gross wages, employer tax and other payroll expenses, and payroll liabilities.